Air freight forwarding firms 'engaged in price-fixing'

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Singapore’s Competition Commission (CCS) has accused 11 air freight forwarders, including DHL Global Forwarding and Yusen Logistics, of attempting to fix prices on shipments between Japan and Singapore. One of the 11 filed for immunity and alerted the CCS, alleging that the group had held meetings in Japan and collectively fixed some fees and surcharges. The forwarders, which also include K Line Logistics, Nippon Express, Hankyu, Kintetsu World Express, MOL Logistics, Nishi-Nippon Railroad, Nissin Corp, Vantect Corp and Yamato Holdings, have 35 days to respond.