S’pore cites 11 forwarders for price-fixing

The Competition Commission of Singapore (CCS) has issued a Proposed Infringement Decision (PID) against 11 freight forwarding companies and their Singapore subsidiaries, saying its provisional findings indicated the companies “had collectively fixed certain fees and surcharges and exchanged price and customer information in relation to the provision of air freight forwarding services for shipments from Japan to Singapore”.


S’pore cites 11 forwarders for price-fixing


The Competition Commission of Singapore (CCS) has issued a Proposed Infringement Decision (PID) against 11 freight forwarding companies and their Singapore subsidiaries, saying its provisional findings indicated the companies “had collectively fixed certain fees and surcharges and exchanged price and customer information in relation to the provision of air freight forwarding services for shipments from Japan to Singapore”.

The 11 forwarders – DHL Global Forwarding; Hankyu Hanshin Express; K Line Logistics; Kintetsu World Express; MOL Logistics; Nippon Express; Nishi-Nippon Railroad/NNR Global Logistics; Nissin Corporation/Nissin Transport; Vantec Corporation/Vantec World Transport; Yamato Holdings/ Yamato Global Logistics; and Yusen Logistics – have seven weeks to make representations to CCS, which will be assessed before it decides further action.

CCS’s provisional view, information received during the course of the investigation “evidences that the parties attended meetings in Japan where they exchanged information, discussed and agreed on certain fees and surcharges in relation to air freight forwarding services for shipments from Japan to other countries, including Singapore”, CCS said.