K+N settles US anti-trust fine, waits on NZ case

Swiss global transport and logistics company, Kuehne + Nagel has agreed to pay a fine of US$9.9 million to the US Justice Department in settlement of an anti-trust case.


anti trust fine cartel Kuehne Nagel surcharge US Justice Department


Swiss global transport and logistics company,  Kuehne + Nagel has agreed to pay a fine of US$9.9 million to the US Justice Department in settlement of an anti-trust case, the company said. “Kuehne + Nagel has agreed to pay a fine of approximately $9.9 million under the plea agreement to resolve allegations that international freight forwarders coordinated their activities with respect to establishing certain surcharges.”