UNITED PARCEL: “AFMS” Antitrust Suit Remains Pending in Calif.

In AFMS LLC v. United Parcel Service, Inc., and FedEx Corporation, a lawsuit filed in federal court in the Central District of California in August 2010, the plaintiff asserts that UPS and FedEx violated U.S. antitrust law by conspiring to…

FEDEX CORP: Appeal in Suit Filed by ATA Airlines Remains Pending

FedEx Corporation’s appeal from a verdict awarding ATA Airlines damages of $66 million remains pending, the Company disclosed in its September 23, 2011, Form 10-Q filing with the U.S. Securities and Exchange Commission for the quarter ended August 31, 2011.

As…

AVIS BUDGET: Appealing Averse Judgment on Breach of Contract Suit

Avis Budget Group, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the company has filed an appeal of the judgment and attorneys’ fees awarded in a breach of contract…

EXPEDITORS INTERNATIONAL: European Commission Probe Ongoing

Expeditors International of Washington, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that European Commission’s (EC) ongoing investigation of freight forwarders is still ongoing.

On June 18, 2008, the EC issued…

EXPEDITORS INTL: Incurs US100MM Legal Costs for Qtr Ended March 31

Expeditors International of Washington, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it has incurred approximately US$100 million and US$600 million for the three months ended March 31, 2011…

EXPEDITORS INTL: Administrative Proceeding Ongoing in Brazil

Expeditors International of Washington, Inc. and its Brazilian subsidiary, Expeditors Internacional do Brasil Ltda continues to face an Administrative Proceeding (AP) in Brazil.

On August 17, 2010, the Company and it subsidiary received an AP from the Brazilian Ministry of Justice…

FEDEX CORP: Indiana Jury Ruled for ATA Airlines in Breach Trial

Fedex Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that in October 2010, a jury returned a verdict in favor of ATA Airlines in its lawsuit against FedEx Express and…

FEDEX CORP: Breach of Contract Trial Set October 20 in Indiana

Fedex Corp. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the breach of contract lawsuit filed by ATA Airlines is scheduled for trial in October 2010.

ATA Airlines has sued FedEx…

EXPEDITORS INTERNATIONAL: DOJ’s Anti-competition Probe Ongoing

The U.S. Department of Justice continues to conduct an investigation of alleged anti-competitive behavior amongst air cargo freight forwarders, including Expeditors International of Washington, Inc.

On Oct. 10, 2007, the DOJ issued a subpoena ordering the Company to produce certain information…

EXPEDITORS INTERNATIONAL: Defending vs. European Commission’s SO

Expeditors International of Washington, Inc. continues to vigorously defend itself against the allegations stated in the Statement of Objections from the European Commission.

On June 18, 2008, the European Commission (EC) issued a request for information to the Company’s UK subsidiary,…

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