Air Freight Forwarding Companies Involved In Price Fixing

A worldwide investigation has been launched intoconcurrently".
alleged fuel price fixing by the air freight forwardingAccording to recent reports, Lufthansa has offered
industry. Eleven major freight carrying airlines areto cooperate with US federal prosecutors who are
being accused of trying to fix fuel price surchargesinvestigating the claim that price-fixing is taking place
for freight forwarding flights. Amongst the airlinesin the global airline freight forwarding industry.
being accused of price fixing are British Airways,Legal experts claim that by offering to co-operate
United Airlines and Lufthansa.with the authorities, Lufthansa could protect itself
The airlines are being sued for fuel price fixing by afrom possible criminal charges. This is most likely to
Tanzanian firm which had used KLM as a freightbe the case if it provides evidence against other air
forwarding company to transport wood carvings tofreight forwarding companies.
New York.The investigation into allegations of fuel price fixing
The company, Sisimizi which is based in Dar-Es-Salaambecame public in February this year. At this time,
in Tanzania, is seeking unspecified damages from aauthorities in Europe, Asia and the United States
number of major airlines which act as freightraided offices of a number of the world's major
forwarding companies. The complaint about fuel priceairlines. They also requested information from other
fixing by leading airlines was filed on February 28 inair freight forwarding companies. The crux of their
US District Court for the Northeastern District ofinvestigations rests on the claim that air freight
Illinois.forwarders conspired to fix fuel surcharges and other
According to Julius Maldutis, the president offuel related costs.
consulting firm Aviation Dynamics:A number of airlines have been asked to provide
"This is going to be a very big issue because all theevidence and most have said that they are
airlines increased the price of their cargo businessco-operating with these requests.