Tuesday October 16, 2018

Sri Lanka's Expolanka unit sued by US logistics firm

Sep 07, 2017 16:56 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - RCS Logistics, a New Jersey USA based firm said it had sued a New York based unit of Sri Lanka-based Expolanka Holdings Plc after it hired dozens of workers from the American firm.

RCS said it was seeking 250 million dollars in damages from "global shipping giant Expolanka USA LLC, a wholly-owned subsidiary of Sri Lankan Expolanka Holdings PLC, whose majority shareholder is the Japanese company SG Holdings."

RCS alleged
that Expolanka USA had 'raided' 50 workers from RCS.

RCS has also named in the lawsuit several workers "who resigned en masse in June to join Expolanka," which they alleged was a wrongful act, the statement said.

RCS Logistics was founded in 1985 and has operations in United States, Singapore, Philippines, China, Indonesia, Cambodia, Vietnam, Hong Kong, India, Sri Lanka, Bangladesh, the United Kingdom and the Netherlands. (Colombo/Sept09/2017)


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