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DHL to pay $53m to settle price-fixing suit

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price fixing

DHL to pay $53m to settle price-fixing suit

January 5, 2016 by Payload Asia

DHL Express (USA) has agreed to pay US$53 million to resolve an antitrust class action accusing the express company and others of participating in an international price-fixing scheme, according to documents filed this week in New York federal court. If approved, the settlement would allow DHL to exit the long-running litigation filed in 2008. As part of the deal, DHL has agreed to aid the plaintiff’s claims against the lone remaining defendant, Hellmann Worldwide Logistics Inc., although a … [Read more...] about DHL to pay $53m to settle price-fixing suit

Other Topics: Agility Logistics, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, Dachser, DHL, DHL Express, DSV, Geodis, Jet Speed, Panalpina, price fixing, SDV, Toll Group, UPS

Carriers set to defend cartel claims in US court

September 3, 2015 by Payload Asia

A number of carriers that had not previously settled, are set to defend a multi-billion dollar class action in the US that they colluded to fix prices on international air freight services, after a New York court set a trial date for the claim to 8 January 2016. Air New Zealand, Air China Cargo, Air India and Polar Air Cargo and its parent Atlas Air Worldwide, failed in an application to end the claim on Monday after a hearing in the US District Court for the Eastern District of New York, in … [Read more...] about Carriers set to defend cartel claims in US court

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air China Cargo, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air India, Air Logistics Asia, Air New Zealand, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Atlas Air, cargo aviation, cartel, Polar Air Cargo, price fixing

Asiana to pay $55M in freight case

October 16, 2014 by Payload Asia

South Korean Asiana Airlines will pay US$55 million to purchasers of freight shipping services to resolve claims of price-fixing. The airline is one of more than two dozen worldwide that faced allegations of conspiring to inflate shipping prices in the case in federal court in Brooklyn, New York. Settlements have been reached with 22 airlines so far totalling US$903 million, lawyers for the plaintiffs said. … [Read more...] about Asiana to pay $55M in freight case

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Asiana Airline, cargo aviation, court, New York, price fixing, settlement, shipping

Schenker sues carriers over cargo price fixing

August 27, 2014 by Payload Asia

Deutsche Bahn’s logistics subsidiary Schenker has filed a lawsuit against certain air cargo carriers operating in the US market, allegedly claiming damages for illegal fixing fuel and security surcharges for shipments from, to and within the US from 1999 until at least 2006. The complaint was filed in New York federal court against air cargo carriers Air France, KLM, Martinair, Cargolux, Qantas, SAS and All Nippon Airways. All the defendants have entered into guilty pleas and have been … [Read more...] about Schenker sues carriers over cargo price fixing

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, Air France, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, All Nippon Airways, asia cargo news, cargo aviation, Cargolux, KLM, Martinair, price fixing, Qantas, SAS, Schenker

Polar pleads guilty, fined $17 million

September 9, 2010 by Payload Asia

Polar Air Cargo, a division of Atlas Air Worldwide Holdings (AAWW), has reached an agreement with the US Department of Justice (DOJ) Antitrust Division to settle a price fixing charge involving fuel surcharges and cargo rates amongst a group of carriers. The collusion involved shipments from the US to Australia during the period from January 2000 to April 2003. Polar - not to be confused with Polar Air Cargo Worldwide, AAWW's operating subsidiary, which is not implicated - will pay a fine of … [Read more...] about Polar pleads guilty, fined $17 million

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, antitrust, asia cargo news, Atlas Air Worldwide Holdings, cargo aviation, fine, guilty, Polar Air Cargo, price fixing, US Department of Justice

South Africa’s turn for price-fixing allegations

August 6, 2010 by Payload Asia

Eight air cargo carriers including South African Airways Cargo face allegations of fixing the price of fuel surcharges and freight rates for cargo flown in and out of South Africa. The South African Competition Commission has asked the country's Competition Tribunal to impose an administrative penalty of 10 per cent of annual turnover on each of the carriers involved. Other cargo carriers facing price fixing allegations include British Airways World Cargo, Air France Cargo, KLM Cargo, Alitalia … [Read more...] about South Africa’s turn for price-fixing allegations

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, Air France Cargo, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, airlines cargo, airways cargo, Alitalia Cargo, asia cargo news, British Airways World Cargo, cargo aviation, Cargolux, KLM Cargo, Martinair, price fixing, Singapore Airlines, South African Airways Cargo, South African Competition Commission

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