Shippensburg, Pa.-based Volvo Rents, a wholly-owned subsidiary of the Volvo Group, recently broke into the Puerto Rico market through the acquisition of Casco Rentals in Toa Baja and Encar Rentals Inc. in Lajas.
Nine months after the Puerto Rico Port Authority launched mandatory cargo inspections at the maritime facilities in San Juan, some 43,000 containers have been processed turning up “substantial drug shipments” but no illegal firearms, Gov. Luis Fortuño said Monday during a tour of the facilities.
Following a year taken up mostly by efforts to stabilize operations, the banking sector is ready to regain full financial footing and begin growing loan portfolios in 2012. All that activity should yield a much-needed positive effect on the economy, several high-ranking bankers told News is my Business.
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