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

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Seasonally-adjusted (SA) for-hire truck tonnage in September checked in at 132.6 (2000=100) for the second straight month, remaining as the current all-time high level for the second month in a row, with November 2013’s 131.0 now the second best month recorded.

Ahead of its third quarter earnings call this Friday, freight transportation and logistics titan UPS rolled out rate increases for 2015 that are set to take effect on December 29, 2014.

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

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