FMC: High rates are due to "unprecedented" consumer demand
US maritime authority FMC has not found evidence that container carriers have violated competition regulation and taken advantage of an extraordinary market to claim higher freight rates.
by DAG HOLMSTAD
US importers and exporters, which for long have complained over high container freight rates and large fees in relation to container handling, won’t find support to potential allegations of unfair treatment in the Federal Maritime Commission’s (FMC) latest report on the container market.
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