The US Justice Department said Tuesday that it had filed criminal charges against four of the world’s largest makers of shipping containers and their top executives for allegedly colluding to raise prices during the pandemic.
China International Marine Containers Co., Dong Fang International Container Co., CXIC Group Containers Co. and Singamas Container Holdings Ltd., along with two unnamed co-conspirator companies, agreed to limit the production of new unrefrigerated shipping containers between 2019 and at least 2024, prosecutors said in the indictment, which was filed in January and unsealed this week.
All of the companies are based in China. ...