Northwest To Pay $38M In Cargo Price-Fixing Probe

Law360, New York (July 30, 2010, 3:08 PM EDT) -- Northwest Airlines has agreed to plead guilty and pay a $38 million fine for its role in a price-fixing conspiracy for international air cargo rates that has ensnared the industry and prompted 15 other airlines to cop deals.

Northwest's cargo unit engaged in a conspiracy to fix the rates charged to customers in the U.S. and elsewhere for international air cargo shipments from at least July 2004 until at least February 2006, according to a complaint the U.S. Department of Justice filed Friday in the U.S....
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