China International Marine Containers, Singamas Container Holdings, Shanghai Universal Logistics Equipment, and CXIC Group Containers colluded to cut container output: DOJ ...
US justice department officials allege that collusion, price-fixing and supply manipulation by Chinese companies created artificially inflated prices.
The Justice Department’s Antitrust Division has struck a major blow against international cartel conduct with a historic superseding ...
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
May 19 (Reuters) - The United States is probing whether Chinese companies deliberately restricted the world's production of storage containers for the shipping trade just before the COVID pandemic ...
Four Chinese container manufacturers that produce about 95 percent of the world's dry boxes allegedly restricted output as prices more than doubled.
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET The United States government has indicted four Chinese dry shipping container companies, alongside seven company leaders, alleging the ...
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 ...
The Department of Justice has revealed an indictment that had been previously sealed regarding seven Chinese executives and four shipping container manufacturers for alleged antitrust violations ...
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 ...