After more than $100 million in price-fixing fines being dished out to sea freight companies, reports say the collusion may have affected Hawaii as well, a development that may widen the probe even further.
Following the conviction of ex-Sea Star Line LLC executive Frank Peake earlier this month, industry experts are looking into whether the collusion affected routes to and from Hawaii as Sea Star Line’s parent company also owns Hawaii-based operations of Young Brothers, Aloha Air Cargo and Hawaiian Tug and Barge, say reports.
The US Department of Justice has probed the price-fixing collusion that so far has been known to affect sea trade routes between the continental US and Puerto Rico.
Full Content: Hawaii Reporter
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