Polar Air Cargo 'was the victim' in 'illegal payments' case
Polar Air Cargo has framed itself as the victim of embezzlement in a case where ...
Interestingly, allegations of corruption among some of Polar Air former managers has not dented the enthusiasm of the US government to give the carrier a contract. On Tuesday, US Transcom said it had agreed with FedEx, Polar Air Cargo and UPS to handle government package deliveries, a deal worth some $2.24bn. The trio won a similar contract for the government which was due to expire at the end of this year.
What next for Maersk, MSC and the other alliances?
Ocean rates ex-Asia under pressure, while PSSs return to the transatlantic
Maersk's extra insurance offer for boxes just 'another money-spinner'
Capacity control by the biggest carriers will prevent rates tumbling further
Bullish MSC continues to strengthen its fleet for life after the 2M
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