Following the decision taken by the European Commission last July against a number of truck manufacturers, The Logistics Leaders Network in conjunction with its legal Partners Freeths and Accounting and tax specialists BDO International are launching a scheme this week to help members seek redress and compensation.

European Commission research has identified that overcharging could be between 10-40% the cost of a premium tractor unit down to a 7.5tonner. The Competition Appeal Tribunal offers a streamlined and cost effective solution for the recovery of damages in these types of cases. Freeths say truck owners do not have to prove liability just causation and loss.

Using the Logistics Leaders Network scheme, members can elect to either, proceed with the claim on their own or join forces (joint action) where the costs would be shared within the scheme meaning no cost to the company. Additionally they can make an investment in the group action to increase their potential return in the event the action succeeds. Freeths are working with a litigation funder and after the event insurance provider to provide funds to proceed with the claim and cover the risk of any contingent costs orders.