DB Schenker agrees final cartel settlement with Cathay Pacific
Deutsche Bahn (DB) has received the final payout from an ‘air cargo cartel’, after Cathay ...
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By Alex Lennane
The long-running set of legal disputes between PayCargo and rival CargoSprint has finally come to a close, resulting in something of a tie – and a lot of money in the pockets of lawyers.
The latest news was a win for PayCargo, which has been suing CargoSprint on various fronts, with headline-grabbing claims such as “racketeering”.
In a trademark infringement and breach of contract case, PayCargo won $11.5m, plus interest and legal fees.
CargoSprint called itself PayAirCargo when it was established in 2012, ...
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