Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

Yamato Global Logistics pleads guilty to price-fixing and pays $2.3m fine

AMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMED

AMZN: EUROPEAN REVERSE LOGISTICS GXO: NEW HIGHSCHRW: CATCHING UPBA: TROUBLE DHL: GREEN GOALVW: NEGATIVE OUTLOOKSTLA: MANAGEMENT SHAKE-UPTSLA: NOT ENOUGHBA: NEW LOW AS TENSION BUILDSGXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMED

default_image
© Khunaspix Dreamstime.
By

WASHINGTON – A Japanese freight forwarding company has agreed to plead guilty and to pay a $2.3 million criminal fine for its role in a conspiracy to fix certain fees in connection with the provision of freight forwarding services for air cargo shipments from Japan to the United States, the Department of Justice announced today.

Read more...

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Antitrust Investigations EU Consortia Block Exemption Regulation New ship alliances shape up

    Most read news

    Gemini warns of 'meltdown' when Suez reopens

    Looming 'indefinite' strike set for the Port of Montreal as tensions rise

    Forwarders on the hook for millions following Debenhams collapse

    Shippers to opt for direct port calls over speed of service, predicts MSC's Soren Toft

    Spot rates ex-Asia still falling, despite USEC congestion, with more blanks

    Fallout from hurricanes a greater concern than strikes, say forwarders

    Flexible airfreight must find balanced traffic flows to keep networks in tact

    China tightens rules on hazardous cargo at Ningbo

    Air cargo spot rates hit 2024 peak, while Vietnam becomes a hotspot

    The cost of 'going green' could render deepsea shipping 'too expensive'

    Soaring airfreight rates see Dhaka cargo being moved via China

    Keep on trucking with DSV Schenker? Let's hope so...

    China's ecommerce giants revamp strategy to get round new US rules

    DHL, Mærsk, Kuehne & DSV – tears & rain, hope & faith

    Florida evacuates as cat-4 hurricane ‘Milton’ set to strike tonight

    Kenyan flower exporters urge airlines to add capacity