Freight industry observers welcome moves to end restrictions in US shipping marketPost by Cameron Davidson on 27th September 2010 in Shipping, Industry news Steps aimed at ending anti-competitive practices in the American container shipping markets have been welcomed by the UK’s main freight transport pressure group. The Freight Transport Association says it hopes that a bill for new anti-trust legislation which has just been tabled in the US Senate will be an important landmark in a process which began nearly 20 years ago. Its General Manager of Global and European Affairs, Chris Welsh, said he hoped the bill would lead to the end of “the sorts of unacceptable cartel activity that have plagued shippers around the world and caused disruption to the global supply chain.” Commenting on the prospect of the ending of restrictive practices in the American container shipping business, Welsh was reported in Materials Handling World magazine as saying that such cartels had been partly responsible for “cynical rate increases, unfair or deceptive surcharges and other unacceptable shipping practices that have come to characterise the liner shipping industry in the past year.”
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