The European Commission has said it does not regard the huge container spot rate increases between Asia and Europe as sufficient justification to investigate carriers for an infringement of the Block Exemption Regulation (BER) for consortia.
The European Shippers’ Council (ESC) and European freight forwarder association CLECAT had presented the EC with data relating to the increase in blank sailings, a decrease in reliability “and especially the outrageous price hikes that …

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Source: The Loadstar