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Final Penalty Decision Rounds Off Long Running Air Freight Cartel Case - Latest industry shipping news from the Handy Shipping Guide

Final Penalty Decision Rounds Off Long Running Air Freight Cartel Case
No Escape for Price Fixing Cargo Carriers
AUSTRALIA – The Australian Federal Court has approved a payment plan for airline PT Garuda Indonesia Ltd (Garuda) to pay a A 19 million penalty the Court previously ordered relating to a long-running Australian Competition and Consumer Commission (ACCC) action against a global price fixing cartel in the air cargo industry.
In May 2019, the Federal Court ordered Garuda to pay the penalty for colluding with other global airlines on fees and surcharges for air freight services for a wide range of consumer goods between 2003 and 2006. Garuda appealed against the penalty judgment in June 2019, and has now withdrawn its appeal. ....

United States , New Zealand , United Kingdom , Rod Sims , Air France Klm , British Airways , Singapore Airlines , Pt Garuda Indonesia Ltd , Court Order , Air New Zealand , Thai Airways , Cathay Pacific , Australian Federal Court , Japan Airlines , High Court , Consumer Commission , Indonesia Ltd , Australian Competition , Federal Court , Trade Practices Act , Consumer Act , Full Court , Freight Companies , Shipping Companies , Estes Freight , Freight Shipping ,

As Logistics Outfits Extend Their Scope Major Player Launches Online Marketplace - Latest industry shipping news from the Handy Shipping Guide

As Logistics Outfits Extend Their Scope Major Player Launches Online Marketplace
Digital Trade Corridor Looking to Open Up New Markets
RWANDA – WORLDWIDE – Global ports operator, DP World has launched DUBUY.com, a global wholesale eCommerce platform which it hopes will accelerate global trade. The new product is available first in Rwanda with plans to expand across Africa and around the world.
DUBUY.com intends to add digital trading corridors to the physical corridors DP World has built across the African continent with its investment in ports, terminals and logistics operations. DUBUY.com is partnering with local businesses and the Rwandan Government to help unlock access to global markets for small and medium-sized UAE enterprises, using DP World s end-to-end integrated supply chain services to fulfil orders for export and to receive goods. The platform also enables global companies to find and serve new trading partners in Africa, opening up access to fast gr ....

United Arab Emirates , Mike Bhaskaran , Mahmood Al Bastaki , Clare Akamanzi , United Nations Conference On Development , Rwanda Development Board , Rwandan Government , United Nations Conference , Chief Operating Officer , Dubai Trade World , Middle East , Freight Companies , Shipping Companies , Estes Freight , Freight Shipping , Freight Brokers , Freight Forwarders , Freight Transportation , Cargo Shipping , Trucking Companies , Motor Carriers , Cargo Agents , V Occ , ஒன்றுபட்டது அரபு அமீரகங்கள் , மைக் பாஸ்கரன் , ஒன்றுபட்டது நாடுகள் மாநாடு ஆன் வளர்ச்சி ,

Electronic Bills of Lading Now Introduced by Major Container Line - Latest industry shipping news from the Handy Shipping Guide

Guide to freight transportation and logistics. Freight shipping and cargo logistics via all modes of transport including forwarding, cargo, freight, trucking, air freight, cargo shipping, express freight, freight forwarders, intermodal, container companies, third party logistics providers, maritime, moving, storage, railroads, trucking, customs house brokers, steamship companies, transportation brokers, freight clearinghouses, leasing and capital equipment financing, shipment tracking, shipment tracing, shipment pricing ....

Gadi Rushin , International Group Of Protection Indemnity Clubs , Mediterranean Shipping Company , Digital Container Shipping Association , International Group , Indemnity Clubs , Global Chief Digital , Information Officer , Freight Companies , Shipping Companies , Estes Freight , Freight Shipping , Freight Brokers , Freight Forwarders , Freight Transportation , Cargo Shipping , Trucking Companies , Motor Carriers , Cargo Agents , V Occ , மத்திய தரைக்கடல் கப்பல் போக்குவரத்து நிறுவனம் , டிஜிட்டல் கொள்கலன் கப்பல் போக்குவரத்து சங்கம் , சர்வதேச குழு , இழப்பெதிர்காப்புப் கிளப்புகள் , உலகளாவிய தலைமை டிஜிட்டல் , தகவல் அதிகாரி ,

Another Massive Takeover Deal for European Freight Forwarding and Logistics Group - Latest industry shipping news from the Handy Shipping Guide

Another Massive Takeover Deal for European Freight Forwarding and Logistics Group
New Conglomerate Likely to Be in World Top Three
DENMARK – KUWAIT – Just two years after the acquisition of Swiss-based Panalpina, Danish transport and logistics company DSV has once again announced another huge takeover, Agility s stand-alone Global Integrated Logistics (GIL) business. The combination is expected to create a top-three global freight forwarder based on revenues.
The acquisition will be an all-share transaction and closing is expected in the third quarter of 2021. Agility will become the second largest shareholder in DSV with an approximate 8% stake in the combined company. We have written before about DSV’s acquisition policy, something which has seemingly served them well. We also hinted last year that the sale of their Danish headquarters might serve to finance future purchases. ....

Tarek Sultan , Swiss Based Panalpina , Global Integrated Logistics , Swiss Panalpina , Middle East , Logistics Parks , Freight Companies , Shipping Companies , Estes Freight , Freight Shipping , Freight Brokers , Freight Forwarders , Freight Transportation , Cargo Shipping , Trucking Companies , Motor Carriers , Cargo Agents , V Occ , தரெக் சுல்தான் , உலகளாவிய ஒருங்கிணைந்த தளவாடங்கள் , நடுத்தர கிழக்கு , தளவாடங்கள் பூங்காக்கள் , கப்பல் போக்குவரத்து , சரக்கு நிறுவனங்கள் , கப்பல் போக்குவரத்து நிறுவனங்கள் , எஸ்டீஸ் சரக்கு ,

Survey Finds Logistics Firms More Open to Buy and Sell Business Interests - Latest industry shipping news from the Handy Shipping Guide

Survey Finds Logistics Firms More Open to Buy and Sell Business Interests
Pandemic and Brexit Influence Market
UK – A new survey released by trade group Logistics UK, in partnership with accountancy firm CBW, shows almost a third of industry leaders are more likely to undertake Merger & Acquisition (M&A) activity in Q1 2021 than they were 12 months ago.
’UK Logistics Sector M&A Index Q1 2021: Interim Survey Results’ provides an overview on trends in M&A activity, including valuations, and delves into some of the most important issues facing companies in the sector, including Brexit, the Covid-19 pandemic, and the industry skills shortage. David Wells, Chief Executive at Logistics UK, commented: ....

United Kingdom , Philip Bird , David Wells , Logistics United Kingdom , Interim Survey Result , Chief Executive , Corporate Finance , Freight Companies , Shipping Companies , Estes Freight , Freight Shipping , Freight Brokers , Freight Forwarders , Freight Transportation , Cargo Shipping , Trucking Companies , Motor Carriers , Cargo Agents , V Occ , ஒன்றுபட்டது கிஂக்டம் , பிலிப் பறவை , டேவிட் கிணறுகள் , தளவாடங்கள் ஒன்றுபட்டது கிஂக்டம் , தலைமை நிர்வாகி , பெருநிறுவன நிதி , கப்பல் போக்குவரத்து ,