Infringement Decision by Singapore Concerning Air Freight Forwarding

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Proposed Infringement Decision by Competition Commission of Singapore concerning air freight forwarding service

April 1, 2014

“K” Line Logistics, Ltd.

“K” Line Logistics, Ltd. hereby reports that it received a Proposed Infringement Decision by the Competition Commission of Singapore (“CCS”) on April 1, 2014 with respect to its anti-competitive activities with several other Japanese freight forwarding companies in relation to air freight forwarding services for cargo shipped by air from Japan to Singapore.

“K” Line Logistics, Ltd. takes this case seriously, and will further strive to enhance our compliance system in order to comply with antitrust laws and related regulations

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