The container shipping industry is being hit on multiple fronts, and the impact is being felt on freight prices for importers and exporters. “The good news is that the container market is still ...

The Department of Justice alleges companies in China conspired to raise the price of new shipping containers months before the outbreak of COVID-19. The recycling industry was one of several sectors ...

Seven Chinese executives and four of the largest shipping container manufacturers were criminally charged in an antitrust case alleging they engaged in illegal price fixing during the pandemic six ...

The Department of Justice indicted four shipping container manufacturers, alleging that they conspired to restrict the output and fix prices of shipping containers for at least four years. The ...

By Lisa Baertlein LOS ANGELES, June 10 (Reuters) - The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices ...

Drewry says ocean freight rates rose to their highest level since September 2024 as importers replenish lower inventories and ...

Much has been made about additional imports tariffs floated by former President Donald Trump ahead of the 2024 presidential election. If implemented, such a plan would impose duties of up to 20 ...

Ship backups that plagued seaports during the Covid pandemic are making a comeback, as vessel diversions because of attacks in the Red Sea trigger gridlock and soaring costs at the start of the peak ...

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WASHINGTON, June 3 (Reuters) - A U.S. importer has filed a class action in federal court against the world's largest shipping container manufacturers, accusing them of conspiring ‌to fix prices in a ...

Two class action complaints follow last month's DOJ indictment alleging years-long conspiracy to restrict container output and raise prices.