FlyingTypers Logo
Family Aid 2020
   Vol. 21 No. 39
Tuesday October 18, 2022

PayCargo Awarded 11.5 Million

     We Owe It To Our Customers . . . Federal court rules a PayCargo competitor conducted “willful, pervasive and relentless” infringement and awards PayCargo more than $11 million.
Eduardo Del Riego     “We’re extremely gratified with the court’s decision,” said Eduardo Del Riego, (right) PayCargo CEO. “As a company founded on the highest principles of honesty and transparency, we have taken this case of another business infringing on our trademarks and breaching our agreement very seriously. We’ve worked hard to build PayCargo’s reputation as the leader in the industry, so we owed it to our customers, employees, and business partners to defend it vigorously.
     “Furthermore, the integrity of the industry needs to be protected to continuously advance and innovate.”
     Logistics payments and data infrastructure platform PayCargo announced it has been awarded $11.5 million plus prejudgment interest and attorneys’ fees in a trademark infringement and breach of contract lawsuit the company brought against CargoSprint and its founder/CEO Joshua Wolf.
     “The judge in the United States District of Florida issued her findings of facts and conclusions of law on September 30, 2022, finding CargoSprint liable for “willful, pervasive and relentless” infringement of PayCargo’s federal trademarks and breach of contract.
     “In 2016, PayCargo reached a settlement agreement with Wolf and his company, PayAirCargo, to cease commercial use of the name and change it to CargoSprint. In 2019, PayCargo filed its federal civil suit because defendants continued to use the confusingly similar PayAirCargo name. In finding that Wolf and CargoSprint infringed on PayCargo’s trademarks and breached the agreement, the court explained: “Customers and vendors alike expressed confusion over whether the two competitors were a single entity.”

If You Missed Any Of The Previous 3 Issues Of FlyingTypers
Access complete issue by clicking on issue icon or
Access specific articles by clicking on article title
Vol. 21 No 36
Krems Sexy Cargo
Chuckles for September 27, 2022
ATC Says Take A Load Off
Air Cargo Flying Breezes

Vol. 21 No. 37
PayCargo London Building Services
Chuckles for September 29, 2022
Two Heads Better Than One
Get It On Kale
Mike Delivers Exportese
Tension Convention WCS

Vol. 21 No. 38
EMO Trans Celebrates 50 Big Ones

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
Opinions and comments expressed herein do not necessarily reflect the views of the publisher but remain solely those of the author(s).
FlyingTypers reserves the right to edit all submissions for length and content. All photos and written material submitted to this publication become the property of FlyingTypers Media.
Copyright ©2022 FTMedia, Inc. All Rights Reserved.
More@ www.aircargonews.com

recycle100% Green