Shipping Companies Reach $9.5 Million Settlement in Bayside Canadian Railway Lawsuit
American Seafoods-affiliated shipping companies Kloosterboer International Forwarding LLC (KIF) and Alaska Reefer Management LLC (ARM) have reached a settlement with U.S. Customs and Border Protection (CBP) and the U.S. Department of Justice (DOJ) in the Bayside Canadian Railway court battle.
KIF, ARM, CBP and the DOJ reached a settlement that will see the CBP withdraw all ‘Notices of Penalty,’ which totaled over $400 million for the companies' use of the controversial railway to send pollock to the East Coast markets...
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