Latest news from Heavy Lift & Project Forwarding International Magazine

Universal acquires Southern Counties

Universal Logistics Holdings, a provider of customised transportation and logistics solutions, has acquired Southern Counties Express.

Photo credit: Southern Counties ExpressServicing the ports of Los Angeles and Long Beach, Southern Counties offers drayage, transloading, warehousing and project cargo handling services.

According to Universal Logistics, Southern Counties reported total operating revenues of USD54.4 million for the year-ended December 31, 2017.

Following the acquisition, Southern Counties will operate as part of Universal Intermodal.

“The addition of Southern Counties gives Universal a meaningful footprint in southern California and a solid platform for further expansion in this key transportation market,” said Jeff Rogers, Universal's ceo.

The cash purchase price was USD65 million, subject to customary post-closing adjustments.

www.universallogistics.com

www.scexpress.net

Heavy Lift | News

GEFCO Group appoints five  thumbnail image

GEFCO Group appoints five 

February 22 - GEFCO Group has made five senior appointments as it continues to expand its global freight forwarding business division. 
Views: 306
Enerpac picks, skids and drives thumbnail image

Enerpac picks, skids and drives

February 20 - Enerpac Heavy Lifting Technology has developed a ‘pick, skid and drive’ strand jack gantry system for power plant maintenance activities.
Views: 583
Tiong Woon sets up in Bangladesh thumbnail image

Tiong Woon sets up in Bangladesh

February 19 - Singapore-headquartered Tiong Woon Corporation has established a wholly owned subsidiary in Bangladesh.
Views: 729

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.