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EU slaps fines on 12 airlines for cargo cartel

by Reuters Brussels – Air France-KLM, British Airways and nine other airlines were hit with a 776 million euro ($835.5 million) fine by EU antitrust…

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Hapag-Lloyd delays UASC takeover

by Reuters Frankfurt – German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May…