Volcanic disruption at Anchorage could hit transpacific airfreight operations
Ted Stevens Anchorage International Airport (ANC) and its users are bracing for disruption that could ...
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By Alex Lennane
Polar Air Cargo has framed itself as the victim of embezzlement in a case where it has already admitted its management received illicit payments.
The case will no doubt raise questions over shareholders Atlas Air and DHL’s oversight of the company.
The case involves forwarder Cargo on Demand (COD), which claimed that, in order to retain its BSA deal, it had “been forced to pay consulting fees” of nearly $4m over seven years to the private accounts or companies of six Polar executives.
The forwarder ...
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