STOUGHTON, WI (WTAQ) - A company that makes freight hauling containers in southern Wisconsin has won its first battle to stop Chinese competitors from illegal underpricing.
The U.S. International Trade Commission says the Commerce Department can keep investigating alleged harmful trade practices against Stoughton Trailers.
The Stoughton-based firm filed a complaint in April, accusing Chinese firms of charging less than its production costs for 53 foot long steel boxes. Stoughton Trailers calls it unfair competition that has resulted in a near-shutdown of its factory in Evansville.
Stoughton Trailers has asked Washington to improve duties on Chinese containers to offset the alleged unfair pricing.
The Wisconsin firm says Chinese companies control 95 percent of the U.S. market for 53 foot containers, by pricing its products for about half their normal value.
(Story courtesy of Wheeler News Service)