EU set to fine UPS, 12 others in logistics cartel-sources

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 27, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    EU set to fine UPS, 12 others in logistics cartel-sources - Reuters

    EU antitrust regulators are set to fine 13 logistics firms, including UPS, Panalpina and Expeditors, on Wednesday for taking part in a cartel, two people familiar with the matter said on Tuesday.

    A European Commission document seen by Reuters also co`nfirmed that a decision and fines would be announced on Wednesday.

    Deutsche Post's DHL Global Forwarding, which blew the whistle on the cartel, has said the Commission's case related to different surcharges imposed by the firms.