FMC cracks down on alliances after complaints of ‘unreasonable practices’

The US Federal Maritime Commission (FMC) has tightened the screws on the three major ocean carrier alliances, demanding carrier-specific trade data is filed monthly rather than quarterly.
The data goes to the FMC’s Bureau of Trade Analysis, which, given “recent fluctuations in the markets”, wants the information more frequently to help it better evaluate changes in the transpacific and transatlantic trades.
One of the FMC’s core functions is monitoring alliance agreements, which …

The post FMC cracks down on alliances after complaints of ‘unreasonable practices’ appeared first on The Loadstar.

Source: The Loadstar

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