News / Polar Air Cargo faces forwarder claims of racketeering and fraud

© Igor Zhorov

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 ...