The price fixing scandal in the freight world, which has been ongoing since 2006 has been getting a reasonable amount of press in the recent months.
- American Airlines is to pay $5m in its freight case [Google News]
- Delta is fined $38 Million For Air Cargo Price Fixing [Journal of Commerce]
- BA is dragging Qantas into its lawsuit additional to the lawsuit Qantas is currently facing and which the airline has already been fined $20 Million and $61 Million. [The Australia]
- SAA, BA and others in dock for fixing cargo freight rates [Business Report]
For the consumer and small business the fear is that with so little visibility on the price of sending freight, will this investigation yield any tangible benefits? or will the long chain of couriers, freight forwarders and freight companies absorb the benefits from the dismantlement of these cartels?