{"id":81324,"date":"2021-10-13T08:38:18","date_gmt":"2021-10-13T08:38:18","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-furniture-maker-wins-lawsuit-shipper\/"},"modified":"2025-09-19T08:56:15","modified_gmt":"2025-09-19T08:56:15","slug":"us-furniture-maker-wins-lawsuit-shipper","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-furniture-maker-wins-lawsuit-shipper\/","title":{"rendered":"US furniture maker wins lawsuit against shipper"},"content":{"rendered":"

American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping.<\/em><\/p>\n

MCS filed the lawsuit in early August against both Cosco and Mediterranean Shipping Co. for $600,000. Mediterranean has not yet settled, but Cosco has agreed to do so for an undisclosed sum.<\/p>\n

MCS, which produces home decor, and architectural moldings, claimed that since the pandemic, shippers have colluded to manipulate the market.<\/p>\n

The collusion is made possible by the fact that three shipping alliances now control more than 90% of the primary east-west shipping routes.<\/p>\n

Both Cosco and MCS hope the settlement will rekindle their relationship. Mediterranean initially said it was \"shocked\" by the suit and rejected claims of collusion. It's unclear if it will opt to settle.<\/p>\n

Shipping costs continue to rise. MCS says a container shipped from China to the U.S. West Coast in 2019 would have costUS $2,700. Now that same voyage would cost more than US$15,000.<\/p>","protected":false},"excerpt":{"rendered":"

American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping. MCS filed the lawsuit in early August against both Cosco and Mediterranean Shipping Co. for $600,000. Mediterranean has not yet settled, … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":64135,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[4307,3301,4403,3252],"class_list":["post-81324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-container","tag-furniture","tag-shipping","tag-us","topic-wood-furniture","area-north-america"],"acf":[],"yoast_head":"\nUS furniture maker wins lawsuit against shipper - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/us-furniture-maker-wins-lawsuit-shipper\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US furniture maker wins lawsuit against shipper - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"American home furniture manufacturer and supplier MCS Industries has prevailed in federal court in its lawsuit against Cosco Shipping. 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