All Mergers and acquisitions articles – Page 25
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Columbia and Marlow explore merger
November 8 - Columbia Shipmanagement and Marlow Navigation have confirmed that they are discussing a potential merger or collaboration to extend their cooperation in the maritime training sector.
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DSV freight volumes grow
November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.
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Japanese lines to merge box operations
October 31 - Three of Japan's largest shipping companies have announced that they plan to merge their container shipping and overseas terminal operations as the industry struggles with overcapacity and mounting losses.
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C.H. Robinson sees profits fall
October 27 - Earlier this week, large US logistics company CH Robinson said higher haulage costs and Hanjin'sbankruptcy were partly responsible for the fall in revenues and profits it recorded for third quarter.
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Basra Gateway expansion moves forward
October 27 - International Container Terminal Services (ICTSI) has officially opened the first phase of its greenfield terminal development at the Basra Gateway Terminal in Umm Qasr, Iraq.
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German shortsea shipping merger formed
October 25 - Leer based Hartmann Group and Papenburg headquartered Schulte & Bruns have agreed to expand their cooperation in shortsea shipping activities, with both parties taking a 50 percent share in Schulte & Bruns Chartering.
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Panalpina posts 'stable' figures
October 25 - In the first nine months of 2016, Panalpina recorded a slight increase in EBIT and consolidated profit, when adjusted for a second-quarter restructuring provision of CHF26 million (USD26.1 million).
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US clears Konecranes-Terex deal
October 11 - Konecranes has received clearance from the committee on foreign investment in the USA for its pending acquisition of Terex's material handling and port solutions (MHPS) business.
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ACS gets new investors
October 11 - Air Charter Service (ACS) has welcomed its first external investors after Alcuin Capital Partners purchased a minority stake in the UK air charter broker.
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ABC ups Boeing fleet
October 10 - Volga-Dnepr Group has taken delivery of its latest Boeing 747-8 freighter, which will be employed in the fleet of AirBridgeCargo Airlines (ABC).
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Hanjin Shipping: sale just one option
September 28 - Reports in the international business media suggest that the South Korean court that is overseeing Hanjin Shipping's receivership process is considering multiple means of rehabilitating the world's seventh-largest container shipping line, w
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Baldwins outsources haulage operations
September 19 - UK crane rental company Baldwins Crane Hire has inked an agreement with North Yorkshire based Metcalfe Farms Haulage for the outsourcing of its haulage operations.
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C.H. Robinson in APC buy
September 15 - C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and Customs brokerage services in Australia and New Zealand.
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Maxim acquires Essex Crane crawlers
September 15 - Maxim Crane Works has acquired Essex Crane Rental's core fleet of crawler cranes, and added five new branches to its roster.
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OHL becomes Geodis
September 8 - After being acquired by Geodis in 2015, Ozburn-Hessey Logistics (OHL) has now been fully rebranded under the Geodis name.
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Wilhelmsen and Wallenius rejig partnership
September 5 - By the first quarter of 2017, Wilh. Wilhelmsen Holding ASA and Wallenius Lines AB intend to establish a new ownership structure for their jointly owned investments and majority of ships.
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SBP Holdings shuffles the pack
SBP Holdings, including its Singer Equities and Bishop Lifting Products business units, have made a number of managerial changes.
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GAC in big management shuffle
September 1 - The GAC Group has revealed a swathe of management changes and transfers.
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Rickmers releases half-year report
August 31 - The Rickmers Group has issued its 2016 half-year report, which confirms consolidated revenues of EUR249.3 million (USD277.6 million) - a 13.9 percent decrease compared with the same period of 2015.
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Mallory Alexander names admin chief
August 31 - Robert E. Mallory has been appointed chief administrative officer of Mallory Alexander International Logistics.