It appears March is turn-back-the-clock month in the European air cargo industry. Just a week after a European Union court today reversed an earlier decision preventing UPS from purchasing TNT Airways in 2013 on antitrust grounds, the European Commission (EC) has reversed a December 2015 decision by the General CourtRead More
Post Tagged with: "freight cartel"
This may have been a stagnant year for cargo carriers, but at least nine of them may soon get a hefty Christmas present from the European General Court. In a rather surprising reversal, the court ruled against the European Commission on Wednesday, annulling nearly €800 million in fines that hadRead More
DB Schenker AG, the logistics subsidiary of Deutsche Bahn AG, filed a complaint in New York federal court claiming damages from cargo carriers Air France, KLM, Martinair, Cargolux, Qantas, SAS and All Nippon Airways. Schenker alleges that the defendants illegally conspired to fix fuel and security surcharges for airfreight shipments from,Read More
The Swiss Competition Commission (COMCO) has fined 11 airlines a total of 11 million Swiss francs (US$12.2 million) regarding a freight cartel. The investigation of the Competition Commission revealed that the airlines had agreed on freight rates, fuel surcharges, war risk surcharges, customs clearance surcharges for the U.S. and theRead More