PANALPINA SETTLES ANTIBOYCOTT CHARGES WITH COMMERCE
The U.S. Commerce Department has imposed a $20,000 civil penalty on Panalpina’s Humble, Texas office to settle allegations that the freight forwarder committed 10 violations of antiboycott provisions of the Export Administration Act (EAR).
In 1996, Panalpina provided shippers in Saudi Arabia information about other shippers’ business with Israel. “Furnishing such information for boycott purposes is prohibited by the EAR,” Commerce said.
The EAR’s antiboycott provisions prohibit U.S. companies from complying with certain aspects of unproved foreign boycotts against countries friendly to the U.S. These cases are managed by Commerce’s Office of Antiboycott Compliance.