A Spirited disaster
The perils of transport infrastructure
Australia’s Federal Court has slapped an A$19m ($13.1m) on Garuda Indonesia for its part in a price fixing cartel which has so far brought penalties exceeding A$132.5m.
The judgement delivered last week, follows an investigation by the Australian Competition and Consumer Commission (ACCC) against Garuda and 13 other carriers.
Chair of the ACCC Rod Sims said: “Price fixing is a serious matter because it unfairly reduces competition in the market for Australian businesses and consumers.
“This international cartel is one of the worst ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Shippers brace for rate rise as smart phones expected to drive air cargo market
DHL expands agreement with Shopify – where does that leave Flexport?
Comment on this article