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Settlement reached with 19 more forwarders
[ July 21, 2015 // Chris ]Individuals or companies who used the services of freight forwarders involved in an ongoing anti-trust case may be entitled to potentially significant cash payments, says a group of law firms – Cotchett, Pitre & McCarthy, Gustafson Gluek, Lockridge Grindal Nauen and Lovell Stewart Halebian Jacobson – in announcing that settlements have now been reached with a further 19 defendants.
The US Eastern District of New York court case – Precision Associates v. Panalpina World Transport – involved price fixing of a number of charges and surcharges between 2001 and 2015. The forwarders that have reached settlement include ABX Logistics, EGL Eagle Global Logistics, Expeditors International, Kuehne + Nagel, Nishi-Nippon, Schenker (including Deutsche Bahn and Bax Global), Morrison Express, United Aircargo Consolidators, UTi Worldwide, Vantec, Toll Global Forwarding (USA), Panalpina, Geodis, DSV, Jet-Speed Logistics, SDV, Agility, Dachser and DHL (including a number of its subsidiaries).
Settlements were previously reached with ten other defendants. The lawsuit is continuing against Hellmann and DHL for non-Japanese claims only.
Purchasers will need to submit a claim form, online or by mail, by 31 March, 2016 to get a payment from the Settlements. If purchasers already submitted a claim form for the first round of Settlements, they do not need to file a new claim.
Tags: Precision Associates