The problems in the French freight carrier industry have been in the headlines a lot lately and today it was reported that four stevedoring companies operating in the Port of Le Havre were fined by the French regulatory agency for what they deem as unfair competition tactics in their business operations at the port. Apparently, the agency thinks the groups involved have been meeting to agree on some aspects of business that could give the firms involved a significant business advantage in the Port of Le Havre.
The truth of this affair could likely be told in the weeks and days ahead and it could be trying times for the four stevedoring companies involved and the French freight carrier industry. There could always be additional business consequences involved for these companies and at the very least they’re going to be under the microscope for awhile. Exactly, what the additional business consequences could be we’ll probably hear about in the months ahead and we can be sure the French regulatory agencies will be watching every move the companies involved in this affair make in their future business affairs in the Port of Le Havre and probably anywhere they do business in France.
The fines applied this time appear to be more symbolic than substantial and it could be the French agency just wants to send a strong message to the four companies involved and others in the French freight carrier industry that this kind of stuff will not be tolerated? The French agency stopped short of applying some fines to parties that some think were involved in this affair, so maybe some sanity is starting to appear in this affair and we’ll see business in the Port of Le Havre return to normal.