Shippers cry foul as Sri Lanka government reneges on all-in rate rule
Shippers in Sri Lanka have raised serious concerns over government action to deregulate export/import freight ...
Three Indian airlines have had their appeal against a fine for overcharging cargo customers allowed. Jet Airways was fined $22.9m, Indigo $9.6m and SpiceJet $6.4m – about 1% of turnover – after an investigation by the Competition Commission of India (CCI). The probe followed a complaint in 2013 by the Express Industry Council of India, representing 29 parcel transport firms. The commission noted: “The airlines acted in parallel in collusion in fixing fuel surcharge rates [FSCs]. Such conduct was found to have resulted in indirectly determining the rates of air cargo transport.”
The airlines had levied uniform FSCs at the same time, and then raised them despite no corresponding increase in fuel prices. The case has now been referred back to the CCI.
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Airfreight rate relief for shippers, or are things going to 'turn nasty'?
Shippers put more pressure on ocean carriers for carbon-free services
Atlas Air merger with Apollo group finally set to close on Friday
Dachser's M&A in air and ocean freight – how serious is that?
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
Comment on this article