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Saudi Arabia and Poland have signed an agreement to boost cooperation in air transport services, Saudi Press Agency (SPA) reported.The agreement looks to establish regulatory frameworks, broaden the networks of KSA and Poland’s national carriers, bolster civil aviation strategy, and boost international cooperation in civil aviation. The framework is slated to increase the number of […]
Author Archives: enterpriseam admin
Posted inLogistics in the News
Peak shipping season in the US gets off with a “whimper”
Supply chains’ busiest period of the year gets off to a disappointing start, upending freighters’ hopes of a turnaround: While freight operators usually rake in massive revenues in the period from late summer to early fall as retailers rush to bolster inventories ahead of holiday-season shopping sprees, this year’s season has gotten off to a […]
Posted inAlso on Our Radar
AviLease plans to double its fleet by 2030 + KSA’s King Salman Energy Park operational next year + Qatar wraps infrastructure development in Rawdat Al Jahhaniya. Plus: Serco renews AED 250 mn contract to service Australian base in the Middle East
AVIATION- Saudi jet lessor AviLease is seeking to almost double its fleet size to 300 jets by 2030, CEO Ted O’Byrne told Bloomberg TV in an interview. The lessor, established in 2022 and backed by the Saudi Public Investment Fund, will manage 167 jets following its acquisition of Standard Chartered’s aviation finance business this week, […]
Posted inAround the World
Bankrupt trucking giant Yellow could sell its truck terminals for USD 1.5 bn
US trucking giant Yellow gets USD 1.5 bn bid for assets amid liquidation: Old Dominion Freight Line is placing a USD 1.5 bn bid for the network of truck terminals owned by trucking giant Yellow, surpassing a USD 1.3 bn bid by competitor Estate Express Lines, the Wall Street Journal reports. Yellow’s recent bankruptcy filing […]
Posted inCalendar
SEPTEMBER September: Hassan Allam Utilities + Agility to open Yanmu East logistics park. 4-5 September (Monday-Tuesday): Seamless Saudi Arabia, Riyadh Front, Saudi Arabia. 4-6 September (Monday-Wednesday): The Sustainable Maritime Industry Conference, Ritz Carlton, Jeddah, Saudi Arabia. 4-8 September (Monday-Friday): Logistics and Transport Management, Dubai, UAE. 5 September (Tuesday): The Leaders in Logistics KSA Summit, Crowne […]
Posted inWhat we're tracking today
TODAY: Contamination from Iran oil pipeline leakage increases + Afghanistan, Iran talk developing Khaf-Herat railway
Good morning, friends. It’s one of those Goldilocks-type news days in the logistics world of our region: Not too slow, not too busy — just right. We have a few M&A stories this morning, as well as plenty of aviation and ports tidbits for you to start your day with. THE BIG LOGISTICS STORY- Dubai-based […]
Posted inM&A Watch
DP World is getting a majority stake in Turkey's Evyap Port
The port will be rebranded as DP World Evyap Port
Posted inSTORAGE + WAREHOUSES
DP World has its eyes down under
The port operator is looking to add three warehouses as it works to expand global operations