Freight Forward Class Action Lawsuit Settlement

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Award (how much your claim may be worth): You can receive a cash refund based on the surcharges paid on the shipping routes of the settling defendants.

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Class Action Lawsuit Settlement Case(s): Precision Associates Inc. v. Panalpina World Transport, et al., Case No. 8-cv-00042, U.S District Court, Eastern District of New York.

Company(ies): ABX LOGISTICS WORLDWIDE NV/SA; EGL, INC. AND EGL EAGLE GLOBAL LOGISTICS, LP; EXPEDITORS INTERNATIONAL OF WASHINGTON, INC; KUEHNE + NAGEL INTERNATIONAL AG AND KUEHNE + NAGEL, INC.; NISHI-NIPPON RAILROAD CO., LTD.; SCHENKER, INC. AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES, INCLUDING DEUTSCHE BAHN AG, SCHENKER AG, AND BAX GLOBAL, INC.; MORRISON EXPRESS LOGISTICS PTE. (SINGAPORE) AND MORRISON EXPRESS CORPORATION (U.S.A.); UNITED AIRCARGO CONSOLIDATORS, INC.; UTI WORLDWIDE, INC.; AND VANTEC CORPORATION AND VANTEC WORLD TRANSPORT (USA), INC.

Address to submit a claim form (REQUIRED):

Phone Number to call for assistance: (877) 276-7340

Details: The freight forwarding settlements will resolve allegations raised in a class action lawsuit called Precision Associates Inc., et al. v. Panalpina World Transport that accuses dozens of freight forwarding companies around the world of conspiring to fix the prices for freight forwarding services during specific time periods. These alleged conspiracies were carried out worldwide, including on shipping routes between the United States and China, Hong Kong, Japan, Taiwan and the United Kingdom.

“Freight forwarding services” is defined as freight forwarding, transportation, or logistics services for shipments, and includes services relating to the organization or transportation of items via air, ocean, rail, and road, both nationally and internationally, and related activities such as customs clearance, warehousing, and ground services.

Eleven of the defendants have decided to settle their portion of the case without admitting wrongdoing. The settling defendants include:

• ABX Logistics Worldwide NV/SA
• EGL, Inc. and EGL Eagle Global Logistics, LP (“EGL”)
• Expeditors International of Washington, Inc. (“Expeditors”)
• Kuehne + Nagel International AG and Kuehne + Nagel, Inc.
• Nishi-Nippon Railroad Co., Ltd. (“Nishi-Nippon”)
• Schenker, Inc. and its parents, subsidiaries, and affiliates, including Deutsche Bahn AG, Schenker AG, and Bax Global, Inc. (“Schenker”)
• Morrison Express Logistics Pte. (Singapore) and Morrison Express Corporation (U.S.A.)
• United Aircargo Consolidators, Inc.
• UTi Worldwide, Inc.
• Vantec Corporation and Vantec World Transport (USA), Inc. (“Vantec”)

Under the class action settlement agreement, the Settling Defendants will pay a minimum $105,611,864.54 into a settlement fund that will be distributed to Class Members.

Class Members of the freight forwarding class action settlement include any business or individual who directly purchased freight forwarding services from any of the defendants, their subsidiaries or affiliates in the United States OR outside the U.S. — but for shipments within, to, or from the U.S. — from January 1, 2001 through September 14, 2012.

The amount of money you can receive from the class action lawsuit settlement will be based on the following Plan of Allocation:

• Ten percent (10%) of the net settlement proceeds from all Settling Defendants will be paid to Class Members with valid claims based on the total dollar volume of Worldwide Freight Forwarding Services purchased during the Class Period.
• Ninety percent (90%) of the net settlement proceeds from all Settling Defendants will be paid to Class Members based on the surcharges paid on the shipping routes of the Settling Defendants for which a particular Class Member paid surcharges on freight forwarding services.

The only way to receive a cash award from the freight forward settlement is to submit a valid Claim Form by November 22, 2013.

A Final Approval Hearing is set for August 9, 2013.

Claim Forms and more information on your rights in the Freight Forward Class Action Lawsuit Settlement can be found at http://www.FreightForwardCase.com.

Services Purchased Between: January 1, 2001 to September 14, 2012

Claims must be postmarked by: 11/22/13

Settlement Administrator(s): Eqpiz Systems Inc.

Class Counsel:

Christopher Lovell

LOVELL STEWART HALEBIAN JACOBSON LLP

W. Joseph Bruckner

LOCKRIDGE GRINDAL NAUEN P.L.L.P.

Steven N. Williams

COTCHETT, PITRE & MCCARTHY, LLP

Daniel E. Gustafson

GUSTAFSON GLUEK PLLC

Defense Counsel:

Barry F. McNeil

Kathleen M. Beasley

A. Michael Warnecke

HAYNES AND BOONE, LLP

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