The Asian Shipowners Association’s Ship Insurance and Liability Committee, convening in Hong Kong, issued a strong plea to address the alarming issue of unjust seafarer detention. This growing crisis endangers the global shipping industry’s stability and infringes on the fundamental…
Welspun One, a leading name in logistics and industrial real estate in India, is making a significant $325 million investment to establish the country’s largest single-location ‘Grade A’ warehousing and industrial park. The state-of-the-art facility is being developed at the…
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), has finalized the sale of two Airbus A330-200 aircraft to National Airlines. The Florida-based operator, specializing in cargo and passenger charter services, received…
NIM, a leading Dutch innovator in maritime engineering, and EH Group, a Swiss technology company specializing in high-performance hydrogen fuel cell systems, are proud to announce the signing of a Memorandum of Understanding (MoU). This strategic partnership aims to accelerate…
The Equitable Access to Transportation Advisory Council (EATAC) has unveiled 10 key recommendations aimed at improving transportation access for America’s 54 million students. This follows the release of a comprehensive survey revealing critical gaps in youth transportation services. The survey,…
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of market technology and data services, has announced that Worldscale Association Ltd (Worldscale), the primary provider of tanker freight rate benchmarks, will incorporate ICE’s European Carbon Allowance (EUA) futures settlement price…
Astronics Corporation (NASDAQ: ATRO) has announced the pricing of $150 million in aggregate principal amount of 5.500% convertible senior notes due 2030 (the “Notes”) in a private offering. The offering is being made to qualified institutional buyers under Rule 144A…
Japan Airlines Co., Ltd. (JAL), headquartered in Tokyo and led by President Mitsuko Tottori, and IndiGo, headquartered in New Delhi with CEO Pieter Elbers, have unveiled a new codeshare partnership set to launch on December 16, 2024. This collaboration aims…
U-Haul® has announced exciting plans to expand its services with the development of a new retail, moving, and self-storage center in Oakland, Maryland, located conveniently off Garrett Highway and Glendale Road. The facility, named U-Haul Moving & Storage of Deep…
Schneider National, Inc. (NYSE: SNDR), a leading provider of transportation, intermodal, and logistics services, has entered into a definitive agreement to acquire Cowan Systems, LLC and its affiliated entities (collectively “Cowan Systems”) for approximately $390 million in cash, subject to…
EuroAtlantic Airways (EAA), a leading Portuguese provider of wet-leasing and charter solutions and a portfolio company of Njord Partners, has finalized an agreement to acquire two Boeing 777 aircraft. This acquisition reinforces the company’s fleet and enhances its ability to…
Kyriba, a global leader in liquidity performance and treasury management solutions, has announced a strategic partnership with Riyadh Air, the premium international airline owned by Saudi Arabia’s Public Investment Fund (PIF). This collaboration aims to automate and streamline Riyadh Air’s…