The EU court was expected to impose a penalty of around 24 million euros.
International Transportation Regulations
29 Mar 2017
The new rules underscore a recent trend of greater government scrutiny of the pricing practices of the world’s leading ocean carriers.
27 Mar 2017
The fine against each company could reach 9-10 billion rubles ($150-170 million).
22 Mar 2017
The decision on the deal, said to be worth around $4 billion, was due on March 27.
17 Mar 2017
“Working together in a cartel ... does not fly with the Commission.”
14 Mar 2017
The fines could total $850 million.
10 Mar 2017
“Through these alliances, these groups ... could maintain almost unchanged the status quo that existed before the liberalization of the rail freight sector in Spain.”
08 Mar 2017
UPS has not said whether it will seek damages following the ruling.
02 Mar 2017
The cost of low-sulfur fuel can be around 50 percent more expensive than typical bunker fuel.
22 Feb 2017
The latest action underscores how aggressively the government is pushing to increase direct port delivery shipments.
16 Feb 2017
A senior source close the matter told JOC.com that the government of Hong Kong had made its concerns known over such changes to Beijing.
08 Feb 2017
Maersk Line will avoid a fine of $12 million.