Wednesday, July 17, 2024
Hawai'i Free Press

Current Articles | Archives

Sunday, October 25, 2015
5 Years: Another Jones Act Shipping Exec Heading to Prison
By Michael Hansen @ 2:17 PM :: 4138 Views :: Jones Act

by Michael Hansen, Hawaii Shippers Council, October 21, 2015

The American Shipper Magazine reported on October 19, 2015, that the U.S. 1st Court of Appeals upheld the conviction and sentencing of Frank Peake, the former president of Sea Star Line LLC now known as TOTE Maritime Puerto Rico, for price fixing.

The U.S. Department of Justice brought criminal cases against three common carriers providing regularly scheduled ocean container shipping services in the domestic Puerto Rico trade and seven individual company executives. Six executives from two companies were convicted and given sentences of between 7 months and five years. All three companies were convicted and fined a collective $46.2 million. The conspiracies were alleged to have occurred between 2005 and 2008.

Key excerpts:

The U.S. 1st Circuit Court of Appeals has upheld a five-year prison sentence given to Frank Peake, the former president of Sea Star Line, for participating in a price-fixing conspiracy.

Peake was found guilty of participating in a conspiracy to fix the price of Puerto Rico freight services and was sentenced in 2013 to five years in prison.

Sea Star, now known as TOTE Maritime Puerto Rico, pleaded guilty to antitrust violations in 2011, and was ordered to pay a $14.2 million criminal fine. Sea Star competitors Horizon Lines and Crowley were also fined after pleading guilty to price fixing.

---30---

Background:

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii