EU to investigate container rates – expects results by New Year's
In the wake of towering freight rates and massive delays, the European Commission has commenced an investigation of liner companies’ special exemption from the union’s competition rules. Industry players will have the opportunity to submit documents ”relevant to the evaluation,” spokesperson says.
by peter thomsen, watch media’s eu correspondent
BRUSSELS – After years of seeing freight rates skyrocket and fewer deliveries arriving on time, the European Union’s central competition watchdog, the European Commission, now begins investigating the conditions for liner shipping companies on the market, according to a Commission spokesperson.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Rates on long box contracts seem to have finally peaked
For subscribers
.jpg&w=384&q=75)