Polar Air Cargo Archives - Maritime Shipping News

Former Polar Air Cargo exec pleads guilty to wire fraud

26 January 2024

A former vice president at Polar Air Cargo pleaded guilty last week to participating in a scheme to defraud the company of $52 million for more than a decade. Six of nine individuals charged in the plot have presented guilty pleas so far.

Polar Air Cargo is a joint venture between privately held Atlas Air Worldwide and DHL Express. According to aircraft database Planespotters.net, the airline has a fleet of 15 large Boeing cargo jets: six 747-8s, two 767-300s and seven 777s.

Carlton Llewellyn,...

https://www.freightwaves.com/news/former-polar-air-cargo-exec-pleads-guilty-to-wire-fraud

Former Polar Air Cargo exec pleads guilty to swindling employer

26 October 2023

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A former executive at Polar Air Cargo pleaded guilty on Tuesday to defrauding the company by...

https://www.freightwaves.com/news/former-polar-air-cargo-exec-pleads-guilty-to-swindling-employer

Former Polar Air Cargo executives charged in $52M fraud scheme

13 April 2023

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Federal law enforcement officials on Wednesday arrested nine individuals in connection with a plot...

https://www.freightwaves.com/news/former-polar-air-cargo-executives-charged-in-52m-fraud-scheme

DHL Express renews agreement with Atlas Air for 20 freighters

15 September 2021

Polar Air Cargo jumbo jets side-by-side at airport being loaded with cargo.

Atlas Air will continue to fly 20 large freighters for DHL Express after the express delivery company extended an existing contract, the companies announced Tuesday.

The arrangement ensures DHL Express has continued access to outsourced airlift to support its fast-growing express business that is increasingly driven by e-commerce.

The aircraft are operated globally by Atlas Air Worldwide Holdings (NASDAQ: AAWW) subsidiaries Atlas Air, Polar Air Cargo and Southern Air. Polar Air Cargo is a...

https://www.freightwaves.com/news/dhl-express-renews-agreement-with-atlas-air-for-20-freighters