Saturday
28Jun
Hawaii shippers fixing fuel surcharges?
Saturday, June 28, 2008 at 07:12AM Thanks to Aaron Stene at Kona Blog for the link to this CNN Money story about a class-action suit filed against Hawaii's two largest shippers -- Matson and Horizon -- accusing them of conspiring to fix fuel surcharges at levels much higher than their actual costs.
I haven't seen this reported in the local media even though its implications seem huge for Hawall. The two shippers share the entire Hawaii market and probably affect prices on goods in the islands as much as any other factor.
Success by the plaintiffs also likely would raise talk again of repealing the Jones Act, which prevents foreign shippers from competing in the Hawaii market.

Reader Comments (3)
No, I don't have the links, sorry.