Core Viewpoint - Cosco Shipping is facing allegations from MAC Container Line regarding unreasonable billing practices and failure to meet service commitments, leading to a formal complaint filed with the Federal Maritime Commission [1] Group 1: Allegations and Complaints - MAC Container Line claims that Cosco unfairly imposed detention charges, suspended bookings, and attempted to cancel contracts without justification [1] - The logistics company is seeking damages between $700,000 and $1.2 million due to lost business and reduced margins resulting from Cosco's actions [2] - MAC alleges that Cosco forced the cancellation of 27 active bookings, leading to nearly $490,000 in losses from two customers [2] Group 2: Specific Charges and Disputes - Cosco charged MAC $157,000 in detention fees for a shipment to India, which MAC disputes as unlawful since the cargo was under government control [3] - The complaint states that once the cargo was confiscated and auctioned, Cosco had no legal basis to accrue detention charges [4] - MAC claims that Cosco retaliated against them by canceling bookings and refusing new ones following the detention dispute [4] Group 3: Contractual Issues - Cosco attempted to terminate a year-long contract with MAC just 42 days after it was initiated, but later reverted the contract term back to its original expiration date of September 30, 2026 [5]
Cosco Slapped With FMC Complaint Over Detention Fees, Booking Cancellations