European road freight stakeholders outline demands to EC
Yesterday marked the start of a new legislative term in the EU, and road freight ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
If it wasn’t enough that the trucking industry has had to deal with driver shortages and soaring fuel costs – until six months ago anyway – comes the news that the leading truck manufacturers are under investigation by the EC for alleged price-fixing. It’s a very complex case, but according to new competition commissioner Margrethe Vestage, if proved to be correct, there will be little room for the manufacturers to reach settlements. And Volvo and Daimler have already warned shareholders that some swingeing fines may be o the way – companies can be fined up to 10% of corporate profits for co-ordinating on pricing.
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