Schenker sues, hopeful of negotiated settlement

Schenker AG, is seeking damages estimated at US$2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest — from air cargo carriers that have already been found guilty by the US Department of Justice, the European Commission and other international authorities for operating a global pricefixing cartel.


hopeful of negotiated settlement Schenker sues


Schenker AG, is seeking damages estimated at US$2.5 billion — approximately $370 million in the US and $2.19 billion in Germany including interest — from air cargo carriers that have already been found guilty by the US Department of Justice, the European Commission and other international authorities for operating a global pricefixing cartel.

But even as it proceeds with the civil action against the carriers the German logistics giant says it is still hopeful of a negotiated settlement with the airlines. “As a matter of principle, we prefer to settle disputes with our business partners outside the courts, by discussion and negotiation,” DB’s head of antitrust and competition law, Christopher Rother, told a press briefing. “But in this case, however, we are left with little choice, after having made, for many years, good-faith efforts to negotiate out-ofcourt settlements with the defendants. Unfortunately, the defendants refused to co-operate in the remediation of their wrong-doing.”

The head of air freight policy for the European Shippers’ Council (ESC), Joost van Doesburg, has questioned DB Schenker’s actions, describing them as “rather strange”. “We’re shaking our heads at DB Schenker complaining about losses because in our view they have simply not lost any money on surcharges in Europe.