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Embassy Freight International LLC / Atlanta officeHEAD OFFICE
3650 Mansell Road, Suite 225
Alpharetta GA 30022 USA
Tel : +1 770 817 4400Website
3650 Mansell Road, Suite 225
Alpharetta GA 30022 USA
Tel : +1 770 817 4400Website
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Freight forwarders plead guilty to cargo price fixing
Six international freight forwarders have pleaded guilty to conspiring to fixing fees and charges on air cargo shipments to the US between 2002 and 2007.The six have agreed to pay fines totalling US$50.3 million: BAX Global ($19,745,927), EGL (now CEVA, $4,486,120), GeoLogistics International ($687,960), Kuehne + Nagel (K+N, $9,865,044), Panalpina ($11,947,845) and Schenker ($3,535,514).
“The department’s investigation uncovered six different conspiracies harming businesses and consumers in the United States and across the globe,” said Christine Varney (right), assistant attorney general in charge of the US Department of Justice’s (DoJ) antitrust division. “Our investigation continues in this important industry.”



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