Japanese Freight Co. To Pay $2M Fine For Fee-Fixing Plot

Law360, New York (September 30, 2011, 9:37 PM EDT) -- Japanese freight forwarder MOL Logistics (Japan) Co. Ltd. has agreed to plead guilty to charges that it conspired to fix fees for air cargo shipment services from Japan to the U.S. and pay a $1.84 million fine, prosecutors said Friday.

The U.S. Department of Justice said it filed charges Friday in Washington federal court alleging MOL Logistics had conspired to fix servicing fees such as fuel surcharges and security fees between September 2002 to November 2007.

MOL Logistics and its co-conspirators had conducted meetings to agree...
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