FMC Slaps MSC With $22.7M Fine Over Billing Violations

The Federal Maritime Commission (FMC) has hit Mediterranean Shipping Company (MSC) with a $22.7 million fine over three violations of the U.S. Shipping Act. The enforcement action centers on three main issues: who MSC billed for late fees, how it handled the disclosure of rates for certain containers and repeated overcharges tied to those containers. More from Sourcing Journal After concluding a two-year investigation that started in August 2023, the commission upheld and expanded on a prior ruling by a ...