Latest business news – Page 12
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NewsCMA CGM gets EC approval for Bolloré Logistics acquisition
The European Commission (EC) has approved CMA CGM’s proposed acquisition of Bolloré Logistics, subject to conditions.
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NewsA Balkan boost for the Greek market
There are positive moves being made by some Balkan nations to bolster connections with Greece – opening up routes for breakbulk service providers and Greek project logistics specialists.
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NewsConstruction commences for Blue Water in Brisbane
Construction for Blue Water Shipping’s 50,000 sq m facility at the port of Brisbane, Australia, has begun with plans to open the warehouse by the end of October.
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NewsCasper expands project cargo services with Johnson Partners deal
UK-based maritime services company Casper Group has acquired freight forwarder Johnson Partners, which specialises in handling abnormal loads, project cargo and out-of-gauge (OOG) cargoes.
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NewsBlue Water Shipping opens in Walvis Bay and Cape Town
Blue Water Shipping has opened offices in Walvis Bay, Namibia and Cape Town, South Africa.
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NewsSea Horizon Offshore to represent Jumbo Offshore in Middle East
Sea Horizon Offshore has become the representative of Jumbo Offshore in the Middle East region.
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NewsBarnhart solidifies footing in upper Midwest with CR Holland acquisition
Barnhart Crane and Rigging has purchased CR Holland Crane Service of Forest City, Iowa.
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NewsDenzai and FTE form Saudi Arabian JV
Japan-headquartered Denzai has established a joint venture company in Saudi Arabia with Fawaz Ali Alshammari Logistics (FTE).
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NewsCLdN and Broekman bolster breakbulk focus in terminal deal
CLdN has acquired Broekman Distriport Real Estate and its subsidiary Broekman Distriport in Rotterdam, the Netherlands, as Broekman Logistics fine-tunes its focus on project cargo services.
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NewsLogisticians consider multimodal response to Red Sea crisis
As the Red Sea crisis escalates, actors in the supply chain are having to navigate the complexities of re-routing and determining alternative solutions. Some are turning to multimodal solutions that utilise the Silk Road.
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News25 companies interested in DB Schenker acquisition
Up to 25 companies are reportedly interested in acquiring DB Schenker, according to HLPFI sister title DVZ. Deutsche Bahn officially launched the sale of its freight forwarding subsidiary in late 2022.
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NewsØrsted to exit Norway, Spain and Portugal and cut 800 jobs
Danish energy company Ørsted has approved a business plan that will see it exit several offshore markets, including Norway, Spain and Portugal, and cut up to 800 jobs.
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NewsBarnhart founder passes away age 90
Richard Barnhart, founder of Barnhart Crane and Rigging, passed away at his home in Millington, Tennessee, on January 21 at the age 90.
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NewsGAC opens office in Seoul
Shipping and logistics services provider GAC Group has opened an office Seoul, South Korea.
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NewsLogistics executives raise concerns over costs and recession in EMI 2024
The 2024 Emerging Markets Logistics Index, curated by Agility and Transport Intelligence, suggest that logistics executives are still worried about a global economic recession, are battling higher costs, and many plan to boost investments in Africa.
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NewsKing Ocean acquires Seacor Island Lines
USA-based King Ocean Services has acquired the Seacor Holdings’ Caribbean liner and logistics business – Seacor Island Lines.
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NewsLaso Transportes adds Algarve branch
Portugal’s Laso Transportes has opened a branch in the Algarve region of the country.
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NewsBarnhart acquires Baxter Crane and Rigging
USA-headquartered Barnhart Crane and Rigging has purchased Tupelo, Mississippi-based Baxter Crane and Rigging – its second acquisition of 2024.
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NewsAD Ports consolidates logistics operations in the Middle East
Abu Dhabi Ports Group (AD Ports) is consolidating its logistics activities in the Middle East, with the Noatum brand taking over from MICCO Logistics.