Airfreight forwarding a better bet than ocean for investment this year
Forwarders more focused on airfreight will fare better this year than those with a higher ...
The final defendant in the Polar Air Cargo corruption case changed his plea to guilty, just days before his trial was due to begin.
Skye Xu’s company, Sky X Airlines, was contracted by Polar Air Cargo between September 2020 and July 2021, at the height of the pandemic. Sky X offered Polar capacity on charter flights that Mr Xu had secured with passenger aircraft.
But Mr Xu paid kickbacks to Polar executives in order to seal a favourable deal.
According to ...
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