The hiring of a new cargo head from one of the world's top cargo airlines to coincide with the arrival of a maiden freighter aircraft indicates WestJet's commitment to becoming a big player in airfreight. Kirsten de Bruijn was named executive vice president for cargo at WestJet last week, succeeding...
The bad debt rating of E2open remains, but the prognosis for the logistics software supplier is improving
In a review spurred by its recent acquisition of Logistyx Technologies, logistics software vendor E2open had its debt rating affirmed by S&P Global Ratings. E2open (NYSE: ETWO) went public for the second time in early 2021, this time through CC Neuberger Principal Holdings, a special purpose acquisition company. Despite the...
Borderlands: Mexico reclaims its position as the top US trading partner
Mexico has reclaimed its position as the United States' most important commercial partner. In February, Mexico surpassed China to become the United States' biggest trading partner, relegating China to third place. Mexico's commerce with the United States climbed by 16% year on year in February to $56.25 billion, with imports...