NITL Seeks 'Careful' Review of TSA-WTSA Merger

NITL Seeks 'Careful' Review of TSA-WTSA Merger

The National Industrial Transportation League urged the Federal Maritime Commission to “carefully” review a proposed merger of two trans-Pacific carrier discussion agreements in order to ensure shippers aren’t disadvantaged.

The FMC has asked the Transpacific Stabilization Agreement, representing carriers in the Asia-to-U.S. market, for more information on the TSA’s proposal to expand its jurisdiction to include export trades handled by members of the Westbound Transpacific Stabilization Agreement.

The TSA and WTSA are discussion agreements whose members have antitrust immunity to discuss and set voluntary rate guidelines. They may not jointly set rates.

The NITL said it was not challenging or objecting to the TSA-WTSA  merger, but wants the FMC to “exercise all due diligence to ensure that the proposed amendment to the TSA does not impede the ability of U.S. companies to have fair and competitive services in these important trade lanes.”