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December 29, 2014

Posted  January 22, 2016

Japanese shipping company Nippon Yusen Kabushiki Kaisha agreed to plead guilty and pay a $59.4 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and rig bids of international ocean shipping services for roll-on, roll-off cargo, such as cars and trucks, to and from the US and elsewhere. NYK is the third company to plead guilty in the government’s investigation, bringing the total agreed-upon fines to over $135 million. DOJ