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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, […]
Author Archives: enterpriseam admin
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
Posted inDiplomacy
Iran objects to US offloading seized oil + Iraqi Airways pushes to lift EU ban + Kuwaiti crown prince talks trade with UK prime minister
The Iranian crude oil was seized by American authorities in a months-long tit for tat tanker war
Posted inAlso on Our Radar
Etihad Cargo digitizes its cargo processes + IndiGo launches new flight to Abu Dhabi. Plus: Updates from Qatar Airways, RyanAir, QRDI, SkyCargo, and more
AVIATION- Dnata + SpeedCargo partner up to digitize cargo processes for Etihad Cargo: Air and travel services provider dnata has partnered with technology solutions provider SpeedCargo, to provide cargo services to Etihad Cargo at Singapore Changi Airport, according to a press release. Etihad Cargo will leverage Speedcargo’s two solutions–cargo eye, and assemble installed at dnata’s […]