Truck rental company changes ownership 
The USA’s Penske Truck Leasing has agreed to acquire the assets of De Carolis Truck Rental. The transaction is subject to customary closing conditions, including certain regulatory approvals. The parties anticipate closing the transaction on 17 December 2021. De Carolis Truck... more
Kangaroo returns to India
Qantas international flights from Melbourne are taking off again today, 6 December 2021, for the first time in 20 months after the pandemic grounded international travel. The national carrier will recommence scheduled international flights from Melbourne today with flight QF35... more
Los Angeles: an almost genuine treasure hoard
The US Customs and Border Protection (CBP) officers assigned to the Los Angeles/Long Beach Seaport had a successful Fiscal Year 2021 (1 October 2020 – 30 September 2021). The number of trade enforcement seizures increased by 24% and the overall value of these seizures increased... more
Silver Airways takes parcels on board
Headquartered in Fort Lauderdale, FL, the regional airline Silver Airways operates flights between gateways in Florida, the Southeast and the Bahamas. It took delivery of its first five dedicated freighters, all converted ATR72-500F, and began operations on behalf of Amazon last... more
Cool chain concentration in Latin America
A player from Brazil is currently reshuffling Latin America's logistics cool chain scene: cold storage operator Emergent Cold Latin America (Emergent), headquartered in Sao Paulo, has acquired Friopacífico, a major cold storage business in Chile. This takeover marks... more
Air Century implements Champ’s TGS
Air Century is implementing Champ Cargosystems’ Traxon Global Security (TGS) solution to meet the US Customs and Border Protection (CBP) Acas security requirements. TGS is a regulatory compliance service and platform that operates like its cousin Traxon Global Customs (TGC),... more
Integrator launches Roissy hub
Fedex Express recently launched its new facility at Roissy-Charles- de-Gaulle airport (CDG) in France. Since 2020, the Americans have invested EUR 220 million in CDG to create their largest hub outside their home territory. In the southern part of the site, Fedex has opened... more
Singapore investment in US-American player
The New York-based private equity firm Greenbriar is selling one of its assets to PSA International, a port and terminal operator headquartered in Singapore. Based on the agreement, 100% of the shares of privately-held BDP International change hands. The transaction is... more
New waybill requirements for Mexico
The Mexican tax authority (Servicio de Administración Tributaria) has mandated waybill requirements, referred to as Carta Porte, for all traffic destined to, shipped from, or travelling within Mexico and applicable for all loaded, revenue empty and dangerous/hazardous residue... more
First flight of Textron's "Denali"
Textron Aviation's Beechcraft Denali, the US manufacturer's new single-engine turboprop with a more sustainable engine that burns up to 20% less fuel than older turboprop technologies, took to the skies for the first time last week. The milestone first flight is a major step for... more