Subscribe to our free, weekly email newsletter!



The End May Be Near for Ocean Carrier Price-fixing

By Patrick Burnson, Executive Editor
August 28, 2010

The removal of the limited ocean carrier anti-trust immunity seems to be gaining support, says NITL ocean cargo committee chair, Michael Berzon.

“The National Industrial Transportation League’s Washington Freight Transportation Policy Forum, Congressman Jim Oberstar (D-MN), chairman of the U.S. House of Representatives’ Transportation and Infrastructure Committee announced that in response to practices by ocean liner carriers serving the U.S. trades, he would propose legislation ending the limited anti-trust immunity that remains in effect,” he said.

Currently, said Berzon, it permits the ocean carriers in the U.S. trades to join in discussion agreements where they can discuss rates and capacity issues.

“If enacted, the end of the limited anti-trust immunity would follow the action taken by European regulators. Since the elimination of the EU Block Exemption, it prohibits consultation by groups of carriers to discuss rates in the European trades.”

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

With no fuel tax increase likely ahead of this year’s mid-term elections, trucking interests in Washington are moving to Plan B in their attempt to shore up funding for badly needed infrastructure improvements.

Crowley Maritime Corporation has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd.

To catch a rising economic tide this year, the Port of Long Beach will need to modernize and find new efficiencies to move increasing amounts of cargo at a faster pace, said experts gathered earlier this month for the Port’s 10th annual “Peak Season Forecast” at the Long Beach Convention Center.

They are an annual rite of passage, general rate increases (GRIs) in the less-than-truckload (LTL) sector of the trucking industry. But is anyone paying attention? And more importantly, is anyone actually paying these announced GRIs, this year in the 3.9 to 5.4 percent range?

Article Topics

Blogs · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA