DHL

DHL has agreed a $53 million settlement with a group of US shippers alleging that several global freight forwarders conspired to fix charges in contravention of the US Sherman Antitrust Act.

The development is the latest in a long-running class action case brought by 11 shippers, including Kraft Chemical Co, Zeta Pharmaceuticals and Precision Associates, in 2008, alleging that forwarders held “conspiratorial meetings”, made phone calls and sent emails to fix prices and inflate rates and surcharges.

Schenker, Vantec, EGL, Expeditors, Nishi-Nippon, ...

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