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Jet Airways takes off under RCS
ALLAHABAD, India: June 14, 2018. Jet Airways has c...

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Panalpina continues Latam expansion with Newport buy
BASEL, Switzerland: June 15, 2018. Panalpina has c...

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APL, Evergreen and HMM boost Asia-Australia capacity
LONDON: June 14, 2018. APL, Evergreen, and Hyundai...

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Emirates returns to Luanda, further frequencies eyed
DUBAI: June 12, 2018: Emirates has bolstered its c...

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MIA welcomes Air Italy
MIAMI: June 12, 2018: Miami International Airport ...

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DB and Georgian Railway target future growth together
BERLIN: June 13, 2018: Deutsche Bahn and Georgian ...

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Hactl handles ABC
HONG KONG: June 12, 2018: Hong Kong Air Cargo Term...

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Kerry bolsters China cross-border services
HONG KONG: June 13, 2018: Kerry Logistics Network ...

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Cargolux supports solar boat
Luxembourg: June 11, 2018: Cargolux is to provide ...

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Jet Airways takes off under RCS
Panalpina continues Latam expansion with Newport buy
APL, Evergreen and HMM boost Asia-Australia capacity
Emirates returns to Luanda, further frequencies eyed
MIA welcomes Air Italy
DB and Georgian Railway target future growth together...
Hactl handles ABC
Kerry bolsters China cross-border services
Cargolux supports solar boat

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PRESS RELEASE

May 08, 2014: With an additional recent partial settlement announced today with China Airlines, Ltd. in the amount of $90 million, plaintiffs have recovered in excess of $835 million in settlements to date to compensate victims of a global conspiracy to inflate prices of air freight shipping services. These partial settlements resolve a nearly decade long case against dozens of major air freight carriers around the globe. The plaintiffs' case against the remaining defendants continues. Of these settlements, more than $475 million has already received final approval by the court.

This most recent settlement follows several additional settlements obtained by the plaintiffs on the heels of a class certification hearing at the end of 2013 in the federal Eastern District of New York. The parties are awaiting the court's decision on class certification. In separate criminal probes, 21 air cargo carriers have pleaded guilty to participation in the conspiracy and agreed to criminal fines in excess of $1.8 billion.

"We're very pleased with this development, as it brings additional compensation to the many thousands of businesses harmed by this global conspiracy to inflate prices for air shipping services," said Hollis Salzman, co-lead counsel for the plaintiffs and co-chair of the Antitrust and Trade Regulation Group at Robins, Kaplan, Miller & Ciresi L.L.P. in New York.

Robins, Kaplan, Miller & Ciresi L.L.P. attorney Meegan Hollywood also represents the plaintiffs.

The litigation, formally titled In re Air Cargo Shipping Services Antitrust Litigation, MDL No. 1775, is pending before the Hon. John Gleeson and Magistrate Judge Viktor V. Pohorelsky.

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