Down Under: Smell of a bleak season for freight transport
‘No peak, but it is also lumpy, as well as weak’ – and frustrated fleet ...
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K Line has been handed a $23.5m (A$34.5m) fine by Australia’s Federal Court after being convicted of “criminal cartel conduct”, according to this report in Splash 24/7. The Japanese carrier was found guilty, together with other shipping lines, of fixing transport costs on buses, cars and trucks destined for Australia between 2009 and 2012. The penalty represents the largest criminal fine ever imposed under the country’s Competition and Consumer Act.
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