Freight Forwarder Pleads Guilty to Price Fixing
An owner of a large freight forwarding company pleaded guilty to an antitrust charge after she fixed prices for international freight forwarding services, the Justice Department said Oct. 24. Francis Alvarez and others fixed prices from 2010 until 2014 for…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
her Houston-based company, which shipped to Honduras, the Justice Department said. The charges constitute a violation of the Sherman Act and Alvarez faces a maximum 10-year prison sentence and a $1 million fine. She has agreed to cooperate with an ongoing investigation of the nationwide price-fixing conspiracy.