Top Container Manufacturing Companies, Executives Indicted for Alleged Global Conspiracy

All companies named in the suit are based in China. Federal prosecutors allege the scheme intensified amid supply chain strains during the COVID-19 pandemic.
Top Container Manufacturing Companies, Executives Indicted for Alleged Global Conspiracy
The logo for the U.S. Department of Justice is seen prior to a news conference at the department in Washington, on Aug. 23, 2024. AP Photo/Mark Schiefelbein, File
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The Department of Justice has indicted four of the world’s largest shipping container manufacturers and seven former executives for allegedly orchestrating a yearslong global conspiracy to restrict production and inflate prices for standard shipping containers.

The superseding indictment, originally filed Jan. 22 and unsealed May 19, accuses the companies and executives of violating Section 1 of the Sherman Antitrust Act by conspiring to limit output and fix prices for nearly all standard unrefrigerated ocean shipping containers between November 2019 and January 2024.

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Jackson Richman
Jackson Richman
Reporter
Jackson Richman is a Washington correspondent for The Epoch Times. In addition to Washington politics, he covers the intersection of politics and sports/sports and culture. He previously was a writer at Mediaite and Washington correspondent at Jewish News Syndicate. His writing has also appeared in The Washington Examiner. He is an alum of George Washington University.
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