THE an Alliance Step Too Far for U.S. DoJ — Panjiva
MENU

THE an Alliance Step Too Far for U.S. DoJ

Corp - Shipping 991 Logistics 476 Mergers 220 Mode - Containerized 1489 Mode - Seaborne 1818 Theme - Alliances 97 U.S. 5347

The U.S. DoJ’s antitrust authorities have petitioned the FMC to carefully review the application from THE Alliance to start operations. It cites concerns about the creation of a third major alliance on shipping service pricing and negotiations for land-side services. Panjiva data shows the three big alliances held 48.9% market share of U.S.-bound shipments in October, with THE in third place with 14.1%. One complication may be the proposed merger of the three Japanese shippers who are all members of THE.

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.