UK regulator delays GXO's Wincanton takeover, due to 'competition concerns'
The UK’s Competition and Markets Authority (CMA), the country’s chief competition regulator, has delayed GXO’s ...
Eleven major cargo airlines facing combined fines of €776m are seeking an annulment of a decision concerning cartel behaviour by the European Commission. If they win, it could lead to the fines being quashed or reduced.
The airlines were found to have operated a cargo cartel between 1991 and 2006 and were fined in 2010. But in 2015, the court annulled the decision, owing to a procedural error. However, it did not rule on the existence of the cartel. The commission then ...
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
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