ICC OKS SEA-LAND INCREASE IN INTERMODAL RATES TO GUAM

ICC OKS SEA-LAND INCREASE IN INTERMODAL RATES TO GUAM

Despite a protest from the government of the Territory of Guam, the Interstate Commerce Commission has approved a 10 percent Sea-Land Service Inc. increase in intermodal commodity rates to Guam, Saipan and Tinian.

Sea-Land had proposed a Feb. 15 effective date for the increase in its ICC tariffs.The ICC's suspension/special permission board voted on Feb. 12 not to suspend or investigate the increase. The Guam government then followed with an appeal to the full commission.

The commission denied the appeal, allowing the rate increase to take effect "as scheduled without formal investigation."

The government of Guam also has complained about rate increases of Sea- Land and American President Lines Ltd. in a pending complaint filed late last year at the Federal Maritime Commission.

In the FMC case, Guam has been joined by several shippers.

Under the complaint, which was recently amended, Guam said: "The only two U.S. carriers in the Guam trade have a monopoly . . . and shippers must pay the rates the carriers establish in order to stay in business."