TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has agreed to acquire a 25% stake in Tanzania-based Alistair Group (President: Alistair James), a cross-border logistics company serving Sub-Saharan Africa. Alistair Group has offices in…
Star Alliance has been honoured with the title of World’s Best Airline Alliance once again at this year’s prestigious Skytrax World Airline Awards. The Alliance’s newly launched Paris Charles de Gaulle airport lounge has also won the World’s Best Airline…
Driven Brands and AutoBody Alliance (ABA) join forces to expand the AutoBody Alliance’s extensive service network of autobody repair facilities throughout the U.S. Driven Brands is a leader in providing quality autobody care, aligning with the values of AutoBody Alliance…
RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This acquisition will enhance RXO’s market position, diversify and expand its customer base, and broaden its carrier…
Los Angeles Councilmember Tim McOsker has been elected Chair of the Governing Board of the Alameda Corridor Transportation Authority (ACTA) for the 2024-25 term. Long Beach Councilwoman Suely Saro will serve as Vice Chair. The leadership of the Governing Board traditionally rotates…
JetBlue (NASDAQ: JBLU) today announced the appointment of David Marcontell to be the airline’s new vice president, technical operations starting June 17. In his new role, Marcontell will lead maintenance, materials, engineering, quality and other operational functions. He will report…
Gulf Inland Logistics Park, managed and developed by Liberty Development Partners, today announced that Chemvest Holdings US Inc. has acquired a 13.7-acre, rail-served site at Gulf Inland Logistics Park, expanding operations and accessibility to the Gulf Coast region for transloading its…
Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that on June 8th its Midnight aircraft successfully completed transition flying at a speed of 100+ mph. Archer has now achieved transition with two…
Business aircraft are spending less time for sale than ever before, according to the latest edition of the Pre-Owned Business Jet Market Forecast by Jetcraft, the global leader in business aircraft sales, acquisitions and trades.\ The report shows that in 2022-2023,…
Textron Aviation today announced that the 400th Cessna Citation Latitude business jet has rolled out of production at the company’s factory in Wichita, Kansas, and is expected to be delivered later this year. Employees recognized the milestone with a special…
Intelsat, operator of the world’s largest integrated satellite and terrestrial network, was selected by Japan Airlines to provide multi-orbit inflight connectivity service on more than 20 Boeing 737 MAX aircraft to be delivered in the coming years. The airline will…
Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces its financial results for the first quarter ended March 31, 2024. The first quarter 2024 financial…