Independent journal on economy and transport policy
08:10 GMT+2
Container shipping lines ordered to testify in U.S. sector probe
(Reuters)
March 22, 2017
By Jonathan Saul and Keith Wallis - LONDON/SINGAPORE
Reuters
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday.
The world's biggest container group, Denmark's A.P. Moller-Maersk (MAERSKb.CO), together with second largest line MSC of Switzerland, Germany's Hapag Lloyd (HLAG.DE), Taiwan-based Evergreen and Hong Kong-based Orient Overseas Container Line (OOCL) said their executives were among those who had been subpoenaed ...... Read more on Reuters
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