Journal of Commerce--SAS Cargo will pay $13.9 million to settle class-action lawsuits over price-fixing in international air freight transport, pushing airline settlements in the private claims by attorneys representing shippers beyond $200 million. 

SAS, one of several carriers that faced criminal penalties in the United States in the investigation of a global price-fixing conspiracy, also will pay $500,000 in “notice costs” and agreed to “provide substantial cooperation” in ongoing lawsuits, according to a statement by the Kaplan Fox & Kilsheimer law firm. Read more!