User ID
Password

 

 

MSC faces USD 63 M fine over unfair billing ges
Source
American Shipper
Post Date
04/18/2024

The Mediterranean Shipping Company (MSC) is facing a potential fine of USD 63 M following a Federal Maritime Commission (FMC) investigation into violations by the company of the US Shipping Act.

The FMC? investigation found 18 alleged breaches of the Act resulting from MSC? use of a ?erchant clause?to bill third parties, as well as more than 3,000 contraventions related to non-operating refrigerated containers.

The FMC launched its probe in August 2023 following several complaints from customers which related to ges dating back to 2017. The report covered issues such as third-party billing for companies that might not have been directly a part of the bill of lading, tariffs and fees for non-operating reefers, and the publication of - and adherence to - rates.

The FMC is seeking civil penalties of at least USD 63,256,853. The report also recommed the issuance of a cease and desist order. The report has now been filed with the administrative law judge at the FMC. MSC has not yet responded but is expected to appeal the findings.


Title
Source
Post Date
Visit
Roth IRA owners may need a second retirement account .. American Shipper 06/05/2026
24
U.S. Launches Section 301 Investigation Into Vietnam?.. American Shipper 06/05/2026
22
Trump administration cites forced labor concerns as g.. American Shipper 06/03/2026
41
Trump signs proclamation aming tariffs on steel, alum.. American Shipper 06/02/2026
48
Savvy Senior: I have a will ?do I also need a trust?.. American Shipper 06/01/2026
53
Walmart ties expected tariff refunds to price strateg.. American Shipper 06/01/2026
50
CBP raises accepted tariff refunds to $85B.. American Shipper 06/01/2026
49
The sharp $1,500 to $2,000 per FEU (40ft container) i.. American Shipper 05/29/2026
61
Nuclear verdict alert: almost $50M against a mystery .. American Shipper 05/28/2026
63
Another Penalty Assessed in False Claims Act Case on .. American Shipper 05/28/2026
60
Page : 1   2   3   4   5        [Next 5 Page]  Last Page : 93 ( 1 of 93  Total Pages )

 

 

 

Brilliant Group Logistics INC.
159 N. Central Ave. Valley stream, NY 11580
Tel : (516) 599-2406 Fax : (516) 599-0528