Business news – Page 6
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NewsAertssen and Michielsens sign merger
Aertssen Kranen and Michielsens have signed a merger and will now operate under the name Aertssen Lifting.
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NewsGlobal Feeder Services becomes general sales agent for Antonov in USA
Logistics solutions provider Global Feeder Services has become the general sales agent for Antonov in the USA, effective January 1, 2025.
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NewsSGL bolsters portfolio in Canada with acquisition of ITN
Scan Global Logistics (SGL) has added ITN Logistics Group (ITN), a privately owned Canadian freight forwarder, to its portfolio.
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NewsDrydocks World expands global renewables and marine projects facility
Drydocks World has opened its multi-million-dollar South Yard expansion, a 75,000 sq m facility devised to improve fabrication capabilities and reaffirm the company’s role in complex global marine and offshore wind energy projects.
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NewsDoepel steps up as president and CEO of Finnlines
Shipping operator Finnlines, which is part of the Grimaldi Group, has appointed Thomas Doepel as president and ceo, effective March 1, 2025.
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NewsFracht acquires Quality Freight
Irish and UK shipping company Quality Freight Group has become part of Switzerland-headquartered Fracht Group.
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NewsDrydocks World and GE Vernova land Ostwind 4 grid connection contract
Drydocks World, in partnership with GE Vernova, will build and install Ostwind 4 – a 2 GW offshore wind grid connection in Germany.
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NewsHöegh agrees five-year contract with international car manufacturer
Ro-ro shipping line Höegh Autoliners has signed a five-year contract with an international car manufacturer for the transport of cars in two of the shipping firm’s key trade lanes.
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NewsAprojects acquires Futuretrans Logistik
Aprojects has agreed to acquire German transport company Futuretrans Logistik, effective January 1,2025.
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NewsCargolux joins cargo.one, CargoAi and WebCargo digital marketplaces
All-cargo airline Cargolux has joined the cargo.one, CargoAi and WebCargo online marketplaces by Freightos, with plans to enhance its digital quote and booking offering.
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NewsChapman Freeborn partners with Santos e Vale
Global air charter brokerage Chapman Freeborn entered into an an exclusive partnership with Portuguese multimodal logistics company Santos e Vale to expand its services across the Iberian Peninsula.
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NewsCollett opens Bradford office
UK-based heavy transport provider Collett & Sons has opened a new office at its depot in Bradford, UK.
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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.