UPS will pay more than US$25 million to settle charges it submitted false claims to the federal government in connection with delivery of Next Day Air overnight packages, the US Department of Justice said. The settlement stemmed from a whisteblower lawsuit filed in federal court in Virginia by former UPS employee Robert K. Fulk. The department said that from 2004 to 2014, UPS repeatedly did not meet the standards of its Next Day Air delivery service under contracts with the government. It also … [Read more...] about UPS to pay US$25M for false delivery claims
US Department of Justice
Polar pleads guilty, fined $17 million
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
Three more carriers nabbed for price fixing
Three more cargo carriers - Cargolux, Nippon Cargo Airlines and Asiana Airlines - have agreed to pay criminal fines totalling US$214 million for their role in a global price fixing conspiracy. Additionally, Asiana was charged with fixing the passenger fares on flights from the US to Korea from as early as 2000. Cargolux will pay a fine of $119 million; Nippon Cargo, $45 million; and Asiana, $50 million. In addition, three senior air cargo industry executives agreed to serve jail terms. The … [Read more...] about Three more carriers nabbed for price fixing
