The Nishi-Nippon Railway Co. (Nishitetsu) revealed that they and five other Japanese companies have reached agreement with the U.S. Justice Department to pay a penalty for operating a cartel for international cargo fees. One of the items at issue was that the companies added surcharges for fuel and airport security to their air cargo service charges. Nishitetsu’s share of the 3.58 billion yen penalty will be 360 million yen. Other companies involved with the case include Nippon Express and Kintetsu World Express.
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- Nishitetsu to Pay Fine for Cartel Arrangement