Discover and read the best of Twitter Threads about #YangMing

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1/President Biden to Target Container Shipping Alliances in 'State of the Union' Address

This attack on the Container Companies tonight, @Maersk @MSCCargo @cmacgm @COSCOSHIPPING @HapagLloydAG @OceanNetworkExp #Evergreen #HMM #YangMing, could be trouble.

gcaptain.com/president-bide…
2/The statement by @TheJusticeDept and @FMC_gov to reaffirm and strengthen their partnership is targeted directly at the ocean carriers. I have been critical of them in the past. There is concern about future actions to keep rates high, as they are today.

justice.gov/opa/pr/justice…
3/The FMC has led a Fact Finding (#29) on this since March 2020 led by Commissioner Dye. It has uncovered several major issues including excessive detention & demurrage and difficulties carriers had with shippers.

fmc.gov/fact-finding-2…
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