Qantas has reached a settlement, subject to court approval, to resolve its liability under a class action that began in the US in 2006.
The class action was brought against a number of airlines regarding the activities of their freight divisions.
Under the terms of the settlement agreement, Qantas will pay US$265 million, which is based on the airline's freight revenue to/from the US Qantas must also cooperate with the class action plaintiffs.
In exchange, Qantas is released from claims made by all class members who were direct purchasers of air cargo services to or from the US between January 2000 and September 11th, 2006.
To date, the following airlines have reached settlement agreements:
Separately from the US class action settlement, Qantas continues to cooperate fully with global antitrust regulators and has resolved its liability (and that of its current employees) in the US, Australia, Canada, Korea and Europe for the improper conduct of its freight division.
Women In Logistics Panel Video; Q&A With Jabil; Georgia Logistics Facts & Figures
eft caught up with Fred Hartung, VP of Supply Chain Solutions & Logistics, Jabil at the Hi-tech conference in Amsterdam
Following on from a fascinating infographic Morai Logistics recently released on women in the Logistics Industry, eft organised a panel of five women, all leaders in the logistics at the 12th 3PL Summit, June 2014, Chicago.