Box lines in legal battle with South Korea’s antitrust body over fines
More than 20 liner operators look set for a protracted legal battle with the Korea ...
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Without actually saying “we told you so”, it was foretold in The Loadstar’s pages that this was likely to happen, given the experience of the air freight industry at the hands of the US justice system over the fuel surcharge cartel escapade. It was always likely that US prosecutors would call for shipping executives implicated in the car-carrying cartel to be given prison sentences. Here, a Japanese national employed by NYK is set to serve 15 months in jail for his part in the cartel, and you can reasonably expect others to follow him.
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