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.
New 2014 Interactive 3PL Warehousing Map; Georgia Logistics Market Snapshot; 3PL Summit Supports Aspire of Illinois
eft’s 3PL Summit & CSCO Forum is delighted to be supporting Aspire of Illinois, the chosen charity for the eft’s annual fundraising reception at the event, taking place on June 11th 2014.
eft is launching the beta version of its new interactive 2014 North American 3PL Warehousing Map, with over 1000 locations plotted on an interactive Google Map base, and the ability to add your own data