Scania is to appeal today’s €881m (£771m) fine from the European Commission (EC) over price-fixing, after refuting the findings. In a statement the truck manufacturer said: “Scania has reviewed today’s decision by the EC concerning inappropriate exchange of information during the period of 1997-2011, and will appeal against it. “Scania strongly contests all the findings and allegations made by the EC, and will appeal against the decision in its entirety.” In response to the commission’s claim that it had not […]
UPS and TNT Express do not now expect their multi-billion euro merger, announced in March, to be completed until early 2013. The operators had originally hoped to seal a deal in the first half of the year, but involvement from the European Commission as regulator scuppered this timetable. Last month the European Commission temporarily suspended the takeover to allow regulators more time to gather information, a process that is ongoing. Despite this UPS and TNT had still expected to complete […]
The most expensive route for truckers in Europe is the A6:A7 Paris to Marseille toll road, with a one-way journey costing just over £305, according to hire firm Northgate.