US furniture shipper sues Cosco and MSC for "manipulating" container market

US furniture shipper MSC Industries sues two of the world's largest container carriers for manipulating the container market and forcing shippers onto the expensive spot market.

MSC and Cosco have been sued by FMC Industries for manipulating the container market | Photo: PR/MSC

by DAG HOLMSTAD

US furniture shipper MSC Industries has filed a lawsuit with the Federal Maritime Commission (FMC) against renowned container carriers MSC and Cosco, reports industry media Loadstar and several other media.

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US furniture shipper sues Cosco and MSC for "manipulating" container market

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Port chief sees US import surge "easily" lasting into 2022

FMC launches audit unit to examine container market

FMC signs MoU after Biden's intervention in container industry

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Front page now

Royal Arctic Line's chief executive steps down

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

German bank to broker CO2 allowances to shipping customers

MSC chosen as strategic partner for ailing Spanish rail freight company

Grieg and Peak Group venture orders up to eight new vessels

First US bunkering terminal for LNG is on its way

Russian oil is trading closer to USD 100 than the G-7 price cap

Oil supermajor Saudi Aramco enters LNG

Norway increases support for developing countries' green shipping transition

Oil steady after technical resistance stalled blistering rally

It's time for DHL's new global head of ocean freight to prove he can be number one

Further reading

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

German logistics company wants to grow 250 percent by 2030

MSC chosen as strategic partner for ailing Spanish rail freight company

Seven Seas: Customers' green ambitions and actions don't align

Royal Arctic Line's chief executive steps down

Jobs