DB Schenker sues airlines in cargo price-fixing scandal

db schenkerDB Schenker, the logistics unit of German railway company Deutsche Bahn AG, said that it is suing 13 airlines operating worldwide cargo services for their roles in conspiring to set fuel and security prices between late 1999 and 2006. DB Schenker filed suits in courts in Cologne, Germany, and New York. The company seeks $2.5 billion (2 billion euros) in damages from the carriers, according to Deutsche Bahn. Among the companies sued are Lufthansa, British Airways, Singapore Airlines, Swiss Airlines, Cargolux International Airlines, SAS, Air Canada, Cathay Pacific Airways, Japan Airlines, LAN Airlines, Qantas Airways, Air France, KLM, and Martinair.

Source: www.dcvelocity.com
Photo: www.bahnimbild.de

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