Expeditors in court – new motion questions 'good faith'
Patterns of behaviour…
A forwarding customer of Polar Air Cargo, the subsidiary of Atlas Air (51%) and DHL Express (49%), is suing it for $6m losses with eight allegations, including racketeering, fraud, conspiracy and unfair trade practices.
If the case is proved, Polar could be faced with a payment of some $18m, plus costs.
In a series of shocking claims filed on Friday, Cargo on Demand (COD), a small New York-based forwarder, claims Polar violated the US Racketeer Influenced and Corrupt Organizations Act (RICO).
COD also ...
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
MSC Elsa 3 sinking – now the 'blame game' begins
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
New services and reinstated blanked sailings boost transpacific capacity
Congestion fear as US west coast ports brace for transpacific cargo surge
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
News in Brief Podcast | Week 21 | GRIs and European port congestion
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
Bad news for shippers as wave of transpacific rate increases continues
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Shippers brace for rate rise as smart phones expected to drive air cargo market
Comment on this article