DB Schenker agrees final cartel settlement with Cathay Pacific
Deutsche Bahn (DB) has received the final payout from an ‘air cargo cartel’, after Cathay Pacific reached a confidential settlement with the German group.
DB had set up DB Barnsdale specifically to pursue damages on behalf of DB Schenker and other forwarders and shippers, and it has secured 65 settlements worth nearly €700m, which, it claimed today, was “a victory for justice and…
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