News
Achim Importing Company, a New Jersey-based importer of home furnishings, has been filed Verified Complaint with the Federal Maritime Commission (FMC) against Yang Ming Marine Transport Corporation.
Allegedly, the Taiwanese container shipping line had taken advantage of price inflation in container shipping during the COVID-19 pandemic and unjustly and unreasonably exploited customers, vastly increasing its profitability at the expense of shippers and the U.S. public generally, which bears increased freight cost in the form of inflation.
The initial decision of this proceeding will be issued by March 31, 2023, and the final decision by October 16, 2023.
The FMC accepted similar complaints from a shipper and a freight forwarder in March.
