Topic
leasing
Logistics China Southern Airlines to lease 3 Boeing 777-300 converted freighters for intercontinental routes
China Southern Air Logistics has signed a long-term lease agreement with AerCap for three Boeing 777-300 converted freighters, scheduled for delivery starting October 2027. The move follows the airline's recent order of two production 777 freighters and five 777-8 cargo jets, part of an aggressive fleet expansion. The converted freighters offer 110 tons of payload and 28,600 cubic feet of volume, a 25% increase over the 777-200 freighter.
Logistics Supreme Court Eliminates Broker Defense, Raising Liability Risks for Truck Leasing Companies
The Supreme Court ruled 9-0 on May 14, 2026, that state-law negligent-hire claims against freight brokers are not preempted by federal law. Legal analysts warn that the same reasoning could extend liability to truck leasing companies like Ryder and Penske, which have relied on a different statute for protection.
Logistics COSCO Shipping Development Orders 24 Dry Bulk Carriers Valued at $1.27 Billion in Leasing Play
COSCO Shipping Development has ordered 24 dry bulk carriers worth RMB8.66bn ($1.27bn), including 20 grain carriers and four newcastlemaxes, with deliveries scheduled from mid-2029 through end of 2030. All vessels will be leased on 240-month charters to Huifeng, a COSCO Shipping Bulk subsidiary, under a structure supporting the Hainan Free Trade Port's renminbi strategy.
Logistics Air Hong Kong Leases Airbus A330 Cargo Jet from US Provider ATSG, Expanding Regional Freighter Fleet to 15
Air Hong Kong, a Cathay Pacific subsidiary, has leased an Airbus A330-300 converted freighter from Ohio-based Air Transport Services Group (ATSG). The aircraft will join the fleet in Q4 2026, expanding Air Hong Kong's all-A330 fleet to 15. The jet will serve mainland China and other regional destinations for DHL Express, complementing Cathay Cargo's future A350F freighters.
Business Urban Vault Sub-Leases 16,000 Sq Ft Gurugram Office to Green SM, Vietnam-Backed Ride-Hailing Firm
Coworking firm Urban Vault has sub-leased a 16,000 sq ft managed office on Golf Course Road, Gurugram to Green SM, the electric ride-hailing arm of Vietnam's Vingroup. The facility, featuring about 500 seats, is Green SM's first office in India. The partnership supports Green SM's India expansion, as demand for flexible managed workspaces surges across tier I cities.
Business Wadhwa Group Leases 33K Sq Ft Office Space to Morningstar in Mumbai for ₹44 Crore Over 9 Years
Wadhwa Group has leased nearly 33,000 sq ft of office space to global investment research firm Morningstar at its Vishwaroop IT Park in Mumbai for a total rental of ₹44 crore over a nine-year period. The transaction expands Morningstar's footprint in the project to 4.45 lakh sq ft, and comes as Wadhwa Group prepares for an IPO and India's office market hits a record quarterly leasing volume of 29.9 million sq ft.
Logistics Tax Strategies: Own or Lease Your Truck?
Understanding the tax implications of owning versus leasing a truck can significantly impact logistics operations. Key tax provisions like Section 179 allow for substantial deductions, influencing the decision-making process for freight operators.