Business news – Page 120
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NewsAir cargo growth remained strong in November
Revealing its latest statistics, the International Air Transport Association (IATA) said that air cargo demand measured in freight tonne kilometres (FTK) remained strong in November 2017 with 8.8 per cent growth compared to the year-earlier p
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NewsAertssen plans Michielsens take over
Aertssen Group is set to acquire crane rental company Michielsens.
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NewsCoalition urges US port investment
Letters have been sent by the Coalition for More Efficient Ports to President Donald Trump and senior politicians calling for greater investment in port infrastructure, as part of the much publicised US infrastructure investment plan first ann
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NewsDFDS completes Alphatrans deal
DFDS has completed the acquisition of 100 percent of the shares of the Dutch Alphatrans Group, following the approval by the German competition authority.
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NewsBDP opens Copenhagen office
BDP Logistics has established a new location at Copenhagen, catering to clients based in Denmark and southern Sweden.
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NewsYang Kee completes Fliway acquisition
Yang Kee Logistics has completed the acquisition of 100 percent of the shares in New Zealand's Fliway Group for SGD52.1 million (USD39.2 million).
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NewsCrane Worldwide expands in Dallas
Crane Worldwide Logistics has expanded its US operations with a facility in Dallas.
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Liege to invest in cargo capacity
December 29 - Media reports suggest that Belgium's Liege Airport will invest EUR50 million (USD59.95 mn) in new cargo facilities during 2018 to cater to an increasing number of freighter flights.
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Freja acquires Transcargo
December 27 - Freja Transport & Logistics has signed an agreement for the acquisition of transport company Transcargo.
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Last-minute moves for JSL Global
December 27 - Qatar-based JSL Global has coordinated the delivery of four disassembled gantry cranes from Hamad Port to Essen, Germany.
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Hutchison takes TMA stake
December 22 - Hutchison Ports has acquired a 50 percent shareholding in TMA Logistics.
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Corpus Christi increases capacity
December 21 - Port Corpus Christi has approved a contract for the construction of an additional 25 acre (10.1 ha) laydown yard for the storage of wind turbine components and other breakbulk cargo.
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Damen and Concordia team up
December 19 - Damen Shipyards Group and Concordia Group have signed a joint venture agreement to cooperate in the construction and trade of inland waterway vessels.
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Talbert introduces spread-axle trailer
December 19 - USA-based Talbert Manufacturing has introduced the 60/65SA spread-axle trailer, designed to accommodate both tri-axle and tandem-axle jeeps.
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ACS gets an Indian takeaway
December 19 - The Indian operation of Air Charter Service (ACS) has moved to new premises in Mumbai, in order to fulfil the company's growth plans in the region.
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LaRue to step down at Corpus Christi
December 18 - The Port of Corpus Christi's executive director, John LaRue, will step down from his duties on January 1, 2018 and officially retire from the port in June 2019.
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Mayfair sells stake in DNV GL
December 18 - Norway's Stiftelsen Det Norske Veritas has assumed full ownership of quality assurance and risk management company DNV GL, following the acquisition of Germany-based Mayfair's remaining shares in the company.
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NorSea invests in ro-ro facility
December 15 - NorSea Group will invest NOK60 million (USD7.2 million) in the construction of a ro-ro facility at its Polarbase supply base, Norway.
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Ghent and Zeeland set to merge
December 15 - January 1, 2018 will see the commencement of North Sea Port, the entity that has been created by the merger between the port authorities of Zeeland Seaports in the Netherlands and the Port of Ghent in Belgium.
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HLPFI - November/December 2017 - now available!
HLPFI's November/December 2017 edition is packed full of useful information.