Singapore's competition watchdog has imposed penalties over US$7 million on 10 Japanese freight forwarders for price fixing. The Competition Commission of Singapore (CCS) said in a statement that 11 companies were fixing prices and exchanging price and customer information concerning air freight forwarding services for the Japan-Singapore route. DHL was the only freight forwarder to escape being penalised as it qualified for full immunity under CCS's leniency programme. The programme … [Read more...] about Japanese freight firms fined for price fixing