EC Presses Ahead with Investigation into Alleged Forwarder Cartel

(International Freighting Weekly – Damian Brett)

Several freight forwarders – including Kuehne + Nagel (KN) and Panalpina – have received Statement of Objections from the European Commission over alleged price fixing. The EC said the statements had been sent out over allegations of price-fixing cartels within the firms’ air forwarding divisions.

It said: “The commission is investigating allegations that these companies fixed prices by colluding on the imposition, level, timing and application of various surcharges.

“The allegations concern four separate infringements involving the provision of freight forwarding services from the UK to outside the European Economic Area (EEA), from the EEA to the U.S., from China to the EEA and from southern China/Hong Kong to the EEA.” Read more here.

Related: Canada drops forwarder cartel case (IFW)