FMC Requests More Info on G6 Alliance Expansion
The Federal Maritime Commission voted to approve a request for more information on a proposed G6 Alliance expansion to the Asia-North America West Coast and Trans-Atlantic trade lane. The proposal would mean that on the Asia-North America West Coast trade,…
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each G6 Alliance member will be able to offer almost twice as many sailings as are currently offered separately by the New World Alliance and the Grand Alliance (see 13120305). The FMC's information request stops the 45-day regulatory waiting period and a new one will begin once responses are submitted, said Commissioner William Doyle in a press release (here). It's important the FMC "fully understands the implications of what has been proposed, said Commissioner Richard Lidinsky, who also voted to approve the request (here). "Of particular concern is how the proposed Service Centers will operate autonomously of the parties to the Agreement, and how the five members of the Alliance belonging to the Transpacific Stabilization Agreement (TSA) will act independently from the one lone independent carrier in setting rates for certain routes covered by the Agreement." The new services were scheduled to begin in the second quarter of 2014, pending regulatory approval.