Business

U.S. Indicts Chinese Container Manufacturers for Price-Fixing

Updated 2026-05-20 07:20 UTC 1 source Negative

The U.S. Department of Justice indicted four Chinese container manufacturers, alleging a pandemic-era price-fixing cartel that reduced global shipping capacity.

Coverage timeline — 1 article

CNBC

U.S. indicts four Chinese container manufacturers alleging pandemic-era price-fixing cartel

China International Marine Containers, Singamas Container Holdings, Shanghai Universal Logistics Equipment, and CXIC Group Containers colluded to cut container output: DOJ

2026-05-20 06:26 UTC