Reports from Bloomberg
say the offices of several major shipping companies that operate car carriers were visited by antitrust authorities today in Japan.
Wallenius Wilhelmsen Logistics issued a statement saying its "offices in Tokyo were visited by the Japan Fair Trade Commission as part
of an investigation related to the Japan Anti Monopoly Act."
said Nippon Yusen, Mitsui O.S.K. Lines, Kawasaki Kisen Kaisha and Eukor Car Carriers all confirmed their offices were visited as well.
The five companies are listed as the five largest operators of pure car carriers (PCCs) and pure car/truck carriers (PCTCs) on a list
maintained by the consulting company Dynamar.
One industry analyst who asked not to be identified said he was surprised Japan antitrust authorities were investigating the car carrier companies, noting their long-time dominance of the business and close ties to the auto industry in Japan. - Chris Dupin