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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 ... [+]

Headford adds M&A service

Headford Consulting has started a Mergers & Acquisitions service specialising in the freight forwarding and allied sectors. Managing director Craig Headford said: “It's a natural fit with our existing recruitment business and we already have five privately-owned freight forwarders who are looking to sell their businesses and around 50 companies ... [+]

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