Latest news from Heavy Lift & Project Forwarding International Magazine

EC suspects truck build cartel

November 20 - The European Commission suspects that a number of heavy and medium-duty truck manufacturers have participated in a cartel, breaching EU antitrust rules.

"The Commission has concerns that certain heavy and medium-duty truck producers may have agreed or coordinated their pricing behaviour in the European Economic Area (EEA). Such behaviour, if established, would breach Article 101 of the Treaty on the Functioning of the European Union (TFEU) and Article 53 of the Agreement on the EEA, which prohibit cartels and restrictive business practices," said a European Commission statement issued November 20, 2014.
If the Commission concludes there has been an infringement, it can impose a fine of up to 10 percent of the company's annual worldwide turnover.
More information is available on the European Commission's competition website, in the public case register under the case number 39824.

Heavy Lift | News

Peel Ports prepares for Brexit thumbnail image

Peel Ports prepares for Brexit

August 23 - The UK’s Peel Ports Group has been accredited as an authorised economic operator (AEO) at all of its principal ports.
Views: 41
Changing offshore landscape drives down Boskalis results thumbnail image

Changing offshore landscape drives down Boskalis results

August 22 - In announcing its half-year results, Royal Boskalis Westminster cited “operational and contractual issues on a limited number of offshore projects” as a key reason behind the drop in its six-month core earnings.
Views: 162

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