China buyout firm Ascendent offers $1.6 billion for Hollysys
Ascendent Capital Partners, a China-focused private equity firm, has made a $1.6 billion takeover bid for Hollysys Automation Technologies Ltd. after scooping up shares in…
Riyadh Air puts final contours on major narrowbody aircraft deal
Riyadh Air is putting the final contours on a large narrowbody aircraft order that will help the new Saudi carrier expand its network and challenge…
Biden awards $16.4 billion for Northeast Corridor rail upgrades
President Joe Biden’s administration is providing $16.4 billion for rail infrastructure projects along Amtrak’s busy Northeast Corridor, including $3.8 billion for the Gateway Hudson River…
Hyster recognized by Fast Company for world’s first hydrogen-powered top-pick container handler
The solution, which is being piloted at the Port of Los Angeles, was named a finalist in the Innovation by Design Awards...
FedEx encourages pilots to fly for American Airlines as freight traffic slows
FedEx Corp. is encouraging pilots to seek work flying for a unit of American Airlines Group as the pandemic-era surge in demand for air cargo…
GSBN and ZAN partner to harness Web3 to tokenise eBLs unlocking new economic opportunities in global trade
The announcement made during Hong Kong FinTech Week will see the two collaborate in paving the way to the securitization of $25 trillion in global…
Contecon Manzanillo handles record volume on a single vessel call
Handling 14,400 TEUs within 7,800 moves, CMSA’s operation on the APL Vanda broke Mexico’s port industry record for a single vessel operation...
Alaska Airlines celebrates enhanced partnership with Condor Airlines
A codeshare agreement allows each airline to sell seats on one another's selected flights as if they were their own, putting their "code" on the…
South Africa urges US to hasten trade pact with two-step renewal
South Africa will seek to retain its preferential trade access to the US, which is due to expire in 2025, while also seeking ways to…
Rock-it Global manages logistics for Team Canada at Pan American Games
The live events logistics specialist led the transport of cargo, including equipment and medicine, to support Team Canada at the largest...
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