Bed Bath & Beyond Files $7.7 Million Complaint Against Yang Ming for Alleged Pandemic Exploitation
🇹🇼 Bed Bath & Beyond Files $7.7 Million Complaint Against Yang Ming for Alleged Pandemic Exploitation.
Bed Bath & Beyond (BBB) has filed a complaint with the Federal Maritime Commission (FMC) accusing Taiwan-based container line Yang Ming of unfairly exploiting its customers during the COVID-19 pandemic. The complaint seeks at least $7.7 million in damages. BBB alleges that Yang Ming systematically failed to meet its service commitments in order to take advantage of higher shipping rates, resulting in increased freight costs and inflation for shippers and the broader public in the U.S. BBB claims that Yang Ming violated the Shipping Act of 1984 by failing to allocate space as agreed upon and instead allocating space to shippers willing to pay higher freight prices. The complaint also alleges an unreasonable assessment of demurrage and detention charges during periods of congestion and shortages of equipment at ports.
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Bed Bath & Beyond (BBB) has filed a complaint with the Federal Maritime Commission (FMC) accusing Taiwan-based container line Yang Ming of unfairly exploiting its customers during the COVID-19 pandemic.
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