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Top regulators find no evidence of price collusion by box lines as shippers demand answers

Record high freight rates are a direct result of unprecedented demand and not market manipulation, says Federal Maritime Commission chairman

The Washington agency responsible for regulating the US ocean shipping trades has told container lines to explain and justify their congestion surcharges as chairman Daniel Maffei says carriers may be following the letter of the law, but not necessarily the spirit of it, and are not always behaving like good corporate citizens

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