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News

The Rio Times
riotimesonline.com > morocco-globex-ap-moller-capital-logistics-2026

Danish Fund Buys Control of Moroccan Logistics Leader Globex

18+ hour, 7+ min ago   (869+ words) Morocco · LOGISTICS & INVESTMENT The investment arm of the Danish group behind Maersk is buying control of Morocco’s best-known independent logistics network, six months after setting up a dedicated Moroccan fund. A.P. Moller Capital said on 17 August that two of…...

The Rio Times
riotimesonline.com > ap-moller-capital-moroccan-logistics-globex-majority

A.P. Moller Capital Agrees to Buy Control of a Moroccan Logistics Group

1+ week, 3+ day ago   (1333+ words) —Majority stake: A.P. Moller Capital agreed on 17 August to buy a majority holding in Globex Investissement, a Casablanca logistics group founded in 1998. —Terms undisclosed: Neither the price nor the exact size of the majority was released. The company said only…...

The Rio Times
riotimesonline.com > netstar-ai-vehicle-tracking-south-africa-2026

Netstar Turns to AI to Regain Ground in Vehicle Tracking Market

2+ week, 2+ day ago   (931+ words) South Africa · TECHNOLOGY —Market position: Netstar held 46.2 percent of South Africa’s vehicle tracking market, ahead of Tracker at 39.8 percent and Matrix at 9.5 percent, according to Competition Commission figures cited by ITWeb. —Connected devices: TechCentral reports Netstar has 2.7 million connected devices…...

The Rio Times
riotimesonline.com > jsl

JSL Q2 Profit Rises as Brazil's Trucking Boom Rolls On

2+ week, 6+ day ago   (1032+ words) Brazil’s biggest road-freight company posts stronger second-quarter earnings, driven by agribusiness demand and a resilient economy. Here’s what it means for investors and expats. JSL second-quarter results is the story. Brazil’s largest road-freight company delivered a steady second-quarter performance, with…...

The Rio Times
riotimesonline.com > el-salvador-border-crossing-vehicle-scanners

El Salvador Border Crossing Now Faster With Vehicle Scanners

4+ week, 2+ day ago   (814+ words) Expats & Nomads · El Salvador —New procedure Travellers at El Salvador’s land borders with Guatemala and Honduras no longer need to exit their vehicles for immigration checks. —Technology used Mobile scanners, electronic scales, recognition cameras, and real-time data-sharing systems now speed…...

The Rio Times
riotimesonline.com > mexico-ebrard-us-steel-tariff-china-2026

Ebrard Seeks Lower US Steel Tariff, Weighs China Levies

1+ mon, 6+ hour ago   (394+ words) Mexico is fighting a two-front battle over steel: Economy Secretary Marcelo Ebrard wants Washington to cut the punishing 50% tariff on Mexican steel, even as the United States presses Mexico to raise its own walls against cheap Chinese metal. — The ask....

The Rio Times
riotimesonline.com > bndes-fleet-renewal-us3-9-billion-for-trucks-and-buses

BNDES Fleet Renewal: US$3.9 Billion for Trucks and Buses

1+ mon, 16+ hour ago   (795+ words) —Total Approved BNDES approved R$20 billion (~US$3.9 billion) on July 29, 2026, representing about 95% of the program’s roughly R$21 billion (~US$4.1 billion) budget. —Interest Rate The credit line offers subsidized and facilitated credit terms. Specific rate figures reported by some outlets are…...

The Rio Times
riotimesonline.com > trx-logistics-purchase-mercado-livre-2026

TRX Logistics Purchase Targets Mercado Livre Warehouses

1+ mon, 1+ week ago   (797+ words) —Property location and size. A 237,400 m² logistics complex with three warehouses in Guarulhos, São Paulo. —Key tenant. E-commerce giant Mercado Livre leases two of the three warehouse units. —Deal structure. An indirect acquisition via a co-ownership fund, with TRX and Matriz…...

The Rio Times
riotimesonline.com > mexico-sict-mixed-investment-rail-attrapi-2026

Mexico Wants Private Money for Its Roads. Only 18 Percent of the Plan Is Private

1+ mon, 2+ week ago   (971+ words) —The total. Mexico’s infrastructure minister told deputies the administration is spending about 1.35 trillion pesos ($77bn) across roads, rail, airports and public works. —The private share. Mixed public-private schemes account for 237bn pesos ($13.5bn), split between motorways and airports. That is 18 percent of the…...

The Rio Times
riotimesonline.com > trump-cuts-metal-tariffs-on-some-goods-easing-pressure-on-exporters

Trump Cuts Metal Tariffs on Some Goods, Easing Pressure on Exporters

2+ mon, 3+ week ago   (209+ words) United States · Trade —The move: A White House proclamation signed June 1 cuts U.S. tariffs on certain steel, aluminum and copper goods. —The new rate: Some agricultural and industrial equipment drops to a 15% tariff from 25%, starting June 8. —The base stays:…...