Jones Act Carriers Agree to $3.4 Million Settlement Over Price Fixing Claims

Jones Act shipping companies Sea Star Line and Horizon Lines have agreed to pay a combine $3.4 million to settle claims over their involvement in a price fixing scheme related to government transportation contracts. Under the settlement agreements, Sea Star Line has agreed to pay $1.9 million, and Horizon Lines has agreed to pay $1.5 million, according to the Department of … [Read more...]

Ex-Sea Star President Sentenced to Five Years in Prison Over Price Fixing Conspiracy

The former president of Sea Star Line LLC, a Jacksonville, Fla.-based water freight carrier, was sentenced to serve five years in prison and to pay a $25,000 criminal fine for his participation in a conspiracy to fix rates and surcharges for freight transported by water between the continental United States and Puerto Rico, the Department of Justice announced. Frank Peake … [Read more...]