Business news – Page 10
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NewsWWPC gathers in Ho Chi Minh City
Worldwide Project Consortium (WWPC) members gathered in Ho Chi Minh City, Vietnam, for its 22nd annual membership conference on November 10-13.
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NewsK+N targets data centre logistics with latest division
Kuehne + Nagel (K+N) has launched a specialised logistics division catering to the cloud infrastructure industry.
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NewsTaranto signs nine-year concession with Vestas
The port of Taranto, Italy, granted wind turbine OEM Vestas a nine-year licence to use the Taranto port platform.
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NewsCargotec confirms sale of MacGregor
Cargotec will sell its MacGregor business unit to funds managed by Triton for an enterprise value of EUR480 million (USD506.7 million)
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NewsGruber Logistics opens first office in Middle East
Gruber Logistics opened a branch office in Dubai, UAE, during the summer.
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NewsTadano snaps up IHI’s crane business unit
Lifting equipment manufacturer Tadano has continued to diversify its portfolio with the acquisition of IHI Transport Machinery’s transportation systems unit.
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NewsQ3 improvement for K+N
Kuehne+Nagel (K+N) reported strong results in Q3 2024, but year-to-date revenue and margins have tightened.
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NewsWallenius Wilhelmsen posts strong Q3 2024 results
Ro-ro shipping group Wallenius Wilhelmsen has posted its second-best quarter to date, with an adjusted EBITDA of USD503 million for Q3 2024.
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NewsFaymonville selects site for maiden USA production facility
Trailer manufacturer Faymonville has selected a site in Little Rock, Arkansas for its first USA production facility.
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NewsWallenius Wilhelmsen enters into five-year high and heavy deal
Ro-ro shipping group Wallenius Wilhelmsen has entered into a five-year agreement with an agriculture, forestry and roadbuilding equipment manufacturer.
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NewsDSV reports growing revenues in Q3 2024 but margins under pressure
DSV issued its Q3 2024 figures last week. Revenue has climbed strongly but uncertainty about the macroeconomic environment has hit margins.
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NewsWWPC readying for 22nd membership conference in Vietnam
The Worldwide Project Consortium’s (WWPC) 22nd annual membership conference will be held in Ho Chi Minh City, Vietnam on November 10-13, 2024.
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NewsSGL opens Ireland office
Scan Global Logistics (SGL) has bolstered its European footprint with the establishment of its first office in Ireland.
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NewsHeavy Lift Awards 2024 winners revealed
On October 23, HLPFI hosted over 350 guests at the Royal Lancaster Hotel in London for a night of celebration as the winners of the Heavy Lift Awards 2024 were announced.
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NewsMarr contracted for HS2 station superstructure
Australia-based Marr Contracting will deliver heavy lift crane services for the construction of the HS2 Old Oak Common station superstructure, in West London, UK.
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NewsDenzai celebrates formal opening of subsidiary in Saudi Arabia
Japan-headquartered heavy lifting and transportation specialist Denzai has opened Denzai Arabia as it looks to expand its reach in the Middle East.
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NewsDNV launches second phase of floating substation joint industry project
DNV has launched the second stage of its floating substation joint industry project.
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NewsBlue Water lands North East Link logistics contract
Blue Water Shipping has secured a large infrastructure logistics contract with its involvement in the North East Link project - one of Australia’s largest road projects.
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NewsBoskalis completes acquisition of Smit Lamnalco
Boskalis has completed the acquisition of Smit Lamnalco.
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NewsBennett opens terminal in Dayton, Texas
Bennett Family of Companies (Bennett) has opened its latest location in Dayton, Texas. The facility houses Bennett On-Site Services, BOSS Heavy Haul, DBA BOSS and Bennett Motor Express.