NewsBBBY administrators in $1.25m contract breach claim against Evergeen

February 23, 2024by 0

Bed, Bath and Beyond’s administrators have their sights on another shipping line, pursuing Evergreen with a claim via the US Federal Maritime Commission (FMC) for some $1.25m.
Lodged this week, the complaint includes allegations that the carrier was in breach of FMC regulations relating to service, that it only met just 20% of agreed capacity commitments and improperly applied detention and demurrage charges over a two-year period.
The filing states: “In 2020–2021, …

The post BBBY administrators in $1.25m contract breach claim against Evergeen appeared first on The Loadstar.

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