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#INTHEAIREVERYWHERE |
Vol. 22 No. 24 | Monday
July 24,
2023 |
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Does Anybody Here Know How To Play The Game? |
In that ongoing kerfuffle between forwarder Cargo On Demand (CoD) and Polar Air Cargo, a New York Judge named Jessie Furman threw the case out July 11th, ruling in favor of Polar Air Cargo, saying "the complaint appears to rely on a theory that Polar [Air Cargo] is vicariously liable for the acts of its executives.” The Judge also granted CoD a last chance to appeal his decision, which becomes final on August 11, 2023. Located in College Point, New York CoD, a long-time customer of Polar, had claimed it lost USD$4million through fraud and racketeering at the cargo airline. As we go to press, CoD could not be reached for comment. Interestingly, a second fraud and racketeering suit following a separate indictment filed on March 13, 2023, against some of Polar’s current and former executives is still pending at the same court with the same Judge. The U.S. Attorney's Office in the Southern District of New York said that ten suspects face felony charges including wire fraud, conspiracy, and money laundering in connection with allegations of long-standing fraud and racketeering at Polar Air Cargo that had cost the airline an estimated USD$52 million in lost revenue. Reminds us of the year Casey Stengel moved from winning the World Baseball Championships five years in a row for the New York Yankees to becoming the first man to manage the cross-town rivals The New York Mets, and the team managed to lose a record number of games. Casey, in a locker room “Pep Talk” exclaimed: “Doesn’t anybody here know how to play this game?” Stay tuned . . . |
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Vol. 22 No. 21 Sean McCool With The Angels Now |
Vol. 22 No. 22 Trifecta For Change Chuckles for June 26, 2023 Ahead To FIATA World Congress Mahindra Logistics Lands In Dubai Me & Jane On A Plane Remembering Gordon Lightfoot |
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Publisher-Geoffrey Arend
• Managing Editor-Flossie Arend • Editor Emeritus-Richard
Malkin Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend |
Send comments and news to geoffrey@aircargonews.com 100% Green |