Article #30629
South China Morning Post - World News
| Title | US charges 7 Chinese executives and 4 shipping firms linked to container cartel | Source | South China Morning Post - World News |
| Description | The US has charged seven Chinese executives and four of the world’s largest shipping container companies with conspiring to restrict supply, raising the price of containers during the Covid-19 pandemic, Department of Justice officials said on Tuesday. The companies together manufacture about 95 per cent of the world’s standard dry shipping containers and conspired to restrict output and fix prices between November 2019 and January 2024, the DOJ said. Prosecutors allege the scheme resulted... | ||
| Link | https://www.scmp.com/news/world/united-states-canada/article/3354151/us-charges-7-chinese-executives-and-4-shipping-firms-linked-container-cartel?utm_source=rss_feed | Published At | 2026-05-19 17:03:25 (1 month ago) |
| Created At | 2026-05-19 17:04:18 | Updated At | 2026-05-19 17:04:18 |