Forwarders to gain more leverage with canceled block exemption

Carriers to become weaker in their talks with logistics companies, says major bank. Asian shipowners are annoyed by the EU’s decision.
It is still possible for carrier to cooperate under the new competition regime, but HSBC estimates that they will be less likely to do so. | Photo: Bodo Marks/AP/Ritzau Scanpix
It is still possible for carrier to cooperate under the new competition regime, but HSBC estimates that they will be less likely to do so. | Photo: Bodo Marks/AP/Ritzau Scanpix

Freight forwarders could gain the upper hand against carriers after the EU has dropped a special competition exemption for the shipping industry.

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