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Violation Tracker Individual Record

Company: Panalpina World Transport (Holding) Ltd.
Current Parent Company: DSV
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $11,947,845
Year: 2010
Date: September 30, 2010
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Six international freight forwarders agreed to plead guilty and to pay criminal fines totaling $50.27 million for their roles in several conspiracies to fix a variety of fees and charges in connection with the provision of freight forwarding services for international air cargo shipments.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Denmark
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: freight and logistics
Specific Industry of Current Parent: freight and logistics
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.