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US puts five forwarders on banned list

Five freight forwarders who have performed significant work for the US Government and its contractors have been added to the Excluded Party List System (EPLS), debarring them from similar work in future. They are BAX Global, Kühne + Nagel, Panalpina (in Switzerland and New Jersey) and Schenker. The move follows a guilty plea to price-fixing charges by certain of these companies in September 2010 and agreement to pay $50.7 million ... [+]

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