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Panalpina partners with Al Rushaid

December 21 - Panalpina has formed a joint venture with Saudi Arabia's Al Rushaid, combining its services in air and ocean freight, and Customs clearance, as well as warehousing and distribution.

Pending regulatory approval, the joint venture will operate as Panalpina Al Rushaid and plans to tap into the potential of the Saudi Arabian freight forwarding and logistics market. 

Through its subsidiaries and joint venture companies, Al Rushaid, which is one of the main suppliers of Saudi Aramco, provides a wide range of services to companies active in the oil and gas, manufacturing, construction, engineering, trading, commercial real estate and technology industries.

Heavy Lift | News

DSV ups Panalpina bid as Agility enters the fray thumbnail image

DSV ups Panalpina bid as Agility enters the fray

February 15 - Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.
Views: 899
Höegh’s ro-ro solution to Dammam thumbnail image

Höegh’s ro-ro solution to Dammam

February 14 - Höegh Autoliners has delivered a 112-tonne transformer, manufactured by CG, from Antwerp to Dammam in Saudi Arabia, on behalf of Kintetsu World Express (KWE).
Views: 828
Kaleido in Kuwait bridge delivery thumbnail image

Kaleido in Kuwait bridge delivery

February 11 - Spain-headquartered Kaleido Logistics has coordinated the delivery of several passenger boarding bridges destined for Kuwait International Airport.
Views: 1089
FLS skids in Sharjah thumbnail image

FLS skids in Sharjah

February 7 - Fleet Line Shipping (FLS) has transported a skid mount from Sharjah in the UAE to Bahrain. 
Views: 1291

Heavy Lift Across The World

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