Ocean Carriers Warn FMC Against Regulating Prices
Revisions made to a proposed rule aimed at curbing the ability of container ship carriers to refuse to provide vessel space to their customers has delved into the dangerous area of price regulation, according to the carriers.
In arulemaking proposed last year, the U.S. Federal Maritime Commission attempted to define what is an “unreasonable refusal to deal or negotiate” the vessel space that carriers provide for their customers’ containers.
Afterboth carriers and shippers took issue with the agency’s effort to modify the regulations — with carriers calling the proposal overly...
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