Transport policy is undergoing major changes which transcend national boundaries. Meanwhile, strategic alliances and mergers are changing the face of the liner shipping business. A re-examination of competition policy as it relates to liner shipping is underway. This book not only examines the changing regulatory climate for the liner shipping industry but also explores managerial thinking about co-operation and competition within the industry. Using comparisons from the rail and aviation industries, the book develops guiding principles for a common regulatory policy for liner shipping while proposing a framework for shipping managers to guide strategy formulation and implementation in this new business environment. This book explores the issues of national regulation of liner shipping in three legal jurisdictions: the US., Europe and Canada. It builds on the author's long history of research in liner shipping and its regulation, and her access to the regulators in these markets.