Italy targets forwarders

ITALY’S competition authority is investigating 20 forwarders for price fixing. Among those named are Agility Logistics, DHL Global Forwarding, Gefco, Geodis and Schenker.In a statement the Autorità Garante della Concorrenza e del Mercato (AGCM) said that the companies had “exchanged information about the impact of cost increases to agree the size and method of price increases to be passed on to clients”.The AGCM could not be reached for further information.Meanwhile, the Canadian equivalent of the AGCM has recently decided to drop its freighter fowarder investigation, but the US investigation is continuing. Not only that, but it is also investigating Agility for alleged fraud and threatening a fine of up to US$120 million, with a decision likely to be revealed before Christmas.

Share this story

Related Topics

Latest news

ANA reduces freighter operations in response to weaker market

By Damian Brett

All Nippon Airways (ANA) has announced a series of cuts to its freighter operations – including its recently-launched B777F transpacific…

Read More

Share this story

More cargo firms sign up to Western Sydney Airport

By Damian Brett

Western Sydney Airport has partnered with an additional two air cargo companies, dnata and Toll Group, to collaborate on the…

Read More

Share this story

Leipzig/Halle bucks the trend with fifteenth year of cargo growth

By Rachelle Harry

Leipzig/Halle Airport has increased its cargo volumes for the fifteenth consecutive year and more than tenfold since 2007. In 2019,…

Read More

Share this story