FMC clamps down on Cosco fine non-payment with threat of hefty penalty

Concerns of the second Trump administration pulling punches when it came to administering the Federal Maritime Commission (FMC) appear to have been strongly disproved, with the regulator threatening Cosco with a $16.7m penalty if it fails to pay its outstanding fine. To make it even more apparent that the Laura DiBella-chaired commission is serious in its pledge to level the playing field between Read full article →