Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
LCR provides the mining, renewable energy and oil and gas industries with a wide range of logistics services in Australia and Papua New Guinea.
The acquisition, according to Qube Holdings chief operating officer Paul Digney, enables the company “to deliver enhanced broad-spectrum mining and industrial services to its existing and future customers”.
![WWPC VietnamGroup[45]](https://d3i5hb7w7uz115.cloudfront.net/Pictures/100x67/7/3/0/14730_wwpcvietnamgroup45_547333.jpg)
Worldwide Project Consortium (WWPC) members gathered in Ho Chi Minh City, Vietnam, for its 22nd annual membership conference on November 10-13.
Kuehne + Nagel (K+N) has launched a specialised logistics division catering to the cloud infrastructure industry.
Cargotec will sell its MacGregor business unit to funds managed by Triton for an enterprise value of EUR480 million (USD506.7 million)
Richard J. Hendrick was unanimously elected vice chair of the American Association of Port Authorities (AAPA) board of directors.
The port of Taranto, Italy, granted wind turbine OEM Vestas a nine-year licence to use the Taranto port platform.
Peregrine Storrs-Fox has stepped down as risk management director of international freight and logistics insurance provider TT Club and will now take on a consultancy role.
