Statement from Commissioner Maffei on THE Alliance
Commissioner Daniel B. Maffei released the following statement regarding the Federal Maritime Commission’s (FMC) vote to approve THE Alliance, FMC Agreement No. 012439, allowing it to become effective on December 19, 2016 without FMC challenge.
“The maritime industry in recent months has been punctuated by a significant reorganization of the members of major ocean carrier alliances. This reorganization can be attributed to, among other things, efforts by ocean carriers to find new and innovative ways to increase efficiencies that can lead to cost savings. Where an agreement which creates these efficiencies is consistent with the Shipping Act while at the same time accounting for potential negative impacts on the maritime industry and the American consumer, it should be supported. I believe THE Alliance meets these requirements and as a result I voted to support this agreement going forward.
I would like to commend the parties, their counsel, and the FMC staff for their cooperative efforts throughout the review process. As THE Alliance comes into effect, the FMC will diligently monitor its implementation to ensure ongoing compliance with applicable laws and regulations. To that end I encourage the continued open communication among all interested parties.
Daniel B. Maffei is a Commissioner with the U.S. Federal Maritime Commission. The thoughts and comments expressed here are his own and do not necessarily represent the position of the Commission.