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Freight Forwarding Services Class Action Settlement – Precision Associates, Inc. v Panalpina World Transport Antitrust Litigation

If You Purchased Freight Forwarding Services You Could Get Benefits from the Freight Forwarding Services Class Action Settlement.

Freight forwarding companies including ABX Logistics Worldwide NV/SA; EGL, Inc. and EGL Eagle Global Logistics, LP (“EGL”); Expeditors International of Washington, Inc. (“Expeditors”); Kuehne + Nagel International AG and Kuehne + Nagel, Inc.; Nishi-Nippon Railroad Co., Ltd. (“Nishi-Nippon”); Schenker, Inc. and its parents, subsidiaries, and affiliates, including Deutsche Bahn AG, Schenker AG, and Bax Global, Inc. (“Schenker”); Morrison Express Logistics Pte. (Singapore) and Morrison Express Corporation (U.S.A.); United Aircargo Consolidators, Inc.; UTi Worldwide, Inc.; and Vantec Corporation and Vantec World Transport (USA), Inc. (“Vantec”) (collectively “Settling Defendants”) have reportedly agreed to a proposed settlement of a class action lawsuit against them in the United States District Court for the Eastern District of New York (captioned Precision Associates, Inc. v. Panalpina World Transport, No. 08-cv-00042 (JG)) alleging, among other things, that Defendants conspired with other freight forwarding companies to fix prices for freight forwarding services worldwide, including for routes between the U.S. and China, Hong Kong, Japan, Taiwan, and the UK, according to the proposed Freight Forwarding Services class action settlement notice.

Who Is Included In The Proposed Freight Forwarding Services Class Action Settlement?

The proposed Freight Forwarding Services settlement class reportedly includes all persons (except certain excluded persons) who directly purchased Freight Forwarding Services from any of the Defendants, their subsidiaries, or affiliates in the United States or outside the United States but for shipments within, to, or from the United States; and from January 1, 2001 through September 14, 2012.

Freight forwarding services reportedly include items such as freight forwarding, transportation, or logistics services for shipments, and includes services relating to the organization or transportation of items via air, ocean, rail, and road, both nationally and internationally, and related activities such as customs clearance, warehousing, and ground services.

What Settlement Benefits Does The Proposed Freight Forwarding Services Class Action Settlement Provide?

Under the proposed Freight Forwarding Services class action settlement, the Settling Defendants have reportedly agreed to pay a minimum of $105,611,864.54 into a Settlement Fund for the benefit of the Class.  Class members will have to submit a claim form by November 22, 2013 in order to be eligible to receive a payment.  Claims can be mailed or filed online at www.freightforwardcase.com/en/Claim

Where Can You Obtain More Information About The Proposed Freight Forwarding Services Class Action Settlement?

For more information about the Freight Forwarding Services settlement, contact the Freight Forwarding Services Settlement Administrator at Freight Forwarders Claims Administrator, P.O. Box 3747, Portland, Oregon 97208-3747 or call 1-877-276-7340 or  send an email to questions@FreightForwardCase.com or visit the Freight Forwarding Services settlement website at www.FreightForwardCase.com.

If You Have Thoughts On The Freight Forwarding Services Class Action Settlement, Share Your Freight Forwarding Services Class Action Settlement Comments Below.

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