AMERICAS: US reaches plea deals with six freight forwarders

Six international freight forwarding companies have agreed to plead guilty to price fixing and pay a total of US$50.3 million in criminal fines, the US Justice Department recently. In the latest plea agreements in a long-running probe, BAX Global has agreed to pay a fine of $19.7 million; Panalpina World Transport (Holding) Ltd will pay […]


Six international freight forwarding companies have agreed to plead guilty to price fixing and pay a total of US$50.3 million in criminal fines, the US Justice Department recently. In the latest plea agreements in a long-running probe, BAX Global has agreed to pay a fine of $19.7 million; Panalpina World Transport (Holding) Ltd will pay $11.9 million; Kuehne + Nagel will pay $9.9 million; EGL Inc will pay $4.5 million; Schenker, a part of the Deutsche Bahn Group will pay $3.5 million; and Geologistics International Management (Bermuda) will pay $687,960.