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Spain's competition regulator CNMC fined Renfe, Deutsche Bahn and several subsidiaries a total of 75.6 million euros. The penalties were for anticompetitive practices that hindered rail freight liberalisation, including fruit and vegetable transport.
The CNMC said the conduct affected trade across EU member states.
Rail freight fines are unlikely to change feed or grain logistics in a material way, since the story concerns Spanish produce transport. Any future easing of rail capacity for produce would be a minor factor for feed buyers.
freshplaza.comMar 7, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
