All Mergers and acquisitions articles – Page 25

  • News

    Columbia and Marlow explore merger

    2016-11-08T00:00:00Z

    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.

  • News

    DSV freight volumes grow

    2016-11-02T00:00:00Z

    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.

  • News

    Japanese lines to merge box operations

    2016-10-31T00:00:00Z

    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.

  • News

    C.H. Robinson sees profits fall

    2016-10-27T00:00:00Z

    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.

  • News

    Basra Gateway expansion moves forward

    2016-10-27T00:00:00Z

    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.

  • News

    German shortsea shipping merger formed

    2016-10-25T00:00:00Z

    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.

  • News

    Panalpina posts 'stable' figures

    2016-10-25T00:00:00Z

    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).

  • News

    US clears Konecranes-Terex deal

    2016-10-11T00:00:00Z

    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.

  • News

    ACS gets new investors

    2016-10-11T00:00:00Z

    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.

  • News

    ABC ups Boeing fleet

    2016-10-10T00:00:00Z

    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).

  • News

    Hanjin Shipping: sale just one option

    2016-09-28T00:00:00Z

    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

  • News

    Baldwins outsources haulage operations

    2016-09-19T00:00:00Z

    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.

  • News

    C.H. Robinson in APC buy

    2016-09-15T00:00:00Z

    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.

  • News

    Maxim acquires Essex Crane crawlers

    2016-09-15T00:00:00Z

    September 15 - Maxim Crane Works has acquired Essex Crane Rental's core fleet of crawler cranes, and added five new branches to its roster.

  • News

    OHL becomes Geodis

    2016-09-08T00:00:00Z

    September 8 - After being acquired by Geodis in 2015, Ozburn-Hessey Logistics (OHL) has now been fully rebranded under the Geodis name.

  • News

    Wilhelmsen and Wallenius rejig partnership

    2016-09-05T00:00:00Z

    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.

  • News

    SBP Holdings shuffles the pack

    2016-09-02T00:00:00Z

    SBP Holdings, including its Singer Equities and Bishop Lifting Products business units, have made a number of managerial changes.

  • News

    GAC in big management shuffle

    2016-09-01T00:00:00Z

    September 1 - The GAC Group has revealed a swathe of management changes and transfers.

  • News

    Rickmers releases half-year report

    2016-08-31T00:00:00Z

    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.

  • News

    Mallory Alexander names admin chief

    2016-08-31T00:00:00Z

    August 31 - Robert E. Mallory has been appointed chief administrative officer of Mallory Alexander International Logistics.