Air Cargo Company Charged with Price Fixing

By: Associated Press
By: Associated Press

MIAMI (AP) - The Justice Department has charged a Miami-based air cargo company and several executives with conspiring to fix prices on shipments from Colombia, including fresh flowers during key holidays.

Prosecutors said Friday that Florida West International Airways Inc. was charged with price-fixing in violation of federal antittrust laws, which carries a maximum $100 million coporate fine. The indictment says the conspiracy involved surcharges during peak seasons such as Mother's Day and Valentine's Day as well as fuel and security costs.

A former Florida West executive and two employees of a Colombia
competitor were also charged. They could each get 10 years in prison if convicted.

Initial court appearances are set in Miami for Dec. 14.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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