Latest business news – Page 126
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Daseke adds Steelman companies
July 7 - Texas, USA-based Daseke has added the Steelman Companies to the Daseke group of companies.
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Dancing with lions and dragons
July 3 - Providers of project logistics services will be interested to read that over the past two decades, China has become Africa's most important economic partner according to a report from McKinsey & Company.
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Understanding cyber risk
June 29 - The latest spate of cyber attacks has been a wake-up call for shipping, highlighting the risks of operating on outdated platforms and the ease of infecting multiple systems by clicking on apparently innocent-looking emails, warns Global Navigati
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Demand drivers give rise to optimism
June 27 - Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for vessels in the multipurpose shipping sector, according to global shipping consultancy Drewry.
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CraneWorks goes Demag for five-axle
June 26 - Terex Cranes distributor CraneWorks has taken delivery of a Demag AC 220-5, which Terex claims is one of the first Demag five-axle all terrain cranes in the USA.
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Necotrans on the brink?
June 26 - France-based freight forwarding and logistics group Necotrans is remaining tight-lipped on recent reports in the French media that it is about to be placed under judicial protection by the commercial court in Paris.
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Crane Worldwide buys Pacorini Forwarding
June 23 - In Italy, the Pacorini Group has concluded the sale of its subsidiary Pacorini Forwarding to CWL International, a company within the US-based Crane Worldwide Logistics Group, a global player operating in the freight forwarding business.
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Metro Ports gains Great Lakes base
June 22 - The Ports of Indiana has named Metro Ports as the bulk terminal operator at the Port of Indiana-Burns Harbor as of July 1, managing the loading and unloading of shipments for port tenants and outside companies shipping bulk cargoes, including pr
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Shipping confidence on the up
June 22 - Shipping confidence reached its equal highest rating in the past three years in the three months to end May 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
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Vroon responds to negative media
June 19 - Family-owned Dutch shipping group Vroon has responded to negative articles published in the Dutch media concerning its financial state.
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Perfect storm looms
June 19 - Shipping losses continue to decline but a perfect storm of regulation, cost saving and cyber security looms, says Allianz Global Corporate & Speciality's (AGCS) fifth annual safety and shipping review 2017.
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DP World develops Eurasian corridor
June 16 - Two memorandums of understanding (MoU) were signed between DP World and the government of Kazakhstan for the development of a port community system (PCS) and to integrate Customs processes.
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Ernst Russ and Ecofin form ship investment platform
June 15 - Hamburg-based asset management company Ernst Russ and specialist investment group, Ecofin Holdings, have established Elbe Financial Solutions (EFS), an international investment services firm focused on the maritime and infrastructure sectors.
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Cargolux signs Chinese JV
June 12 - Cargolux has signed a joint venture equity contract to establish a resident cargo airline operating out of Zhengzhou under a Chinese air operator certificate (AOC).
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Politics hinders Ex-Im Bank
June 9 - The ongoing drama surrounding the future of the US Export-Import (Ex-Im) Bank - the government's official export credit agency (ECA) - has taken several dramatic twists recently. While its future has been secured, the bank remains hamstrung by a
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Germany's shipping lenders face squeeze on profits
June 9 - Albeit early signs of recovery became visible during the first months of 2017, but the shipping industry's protracted slowdown will continue to exert pressure on German ship lenders' profitability, Moody's Investors Service said in a report publi
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Bugsier plays fair with merger
June 5 - Fairplay Towage and Bugsier have announced their intention to merge their respective business activities in order to expand and strengthen their presence in Germany and Europe.
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Scharwath on board at DHL
June 5 - Tim Scharwath has joined the board of management of Deutsche Post DHL Group as the new ceo of DHL Global Forwarding, Freight.
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IronPlant joins the Ritchie family
June 1 - Heavy equipment auctioneer Ritchie Bros has acquired IronPlanet, an online marketplace for heavy equipment and other durable assets.
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Goliath sets sail to China
May 31 - DEME and Cosco Shipping Specialized Carriers are partnering in a joint venture to develop offshore wind energy in China, with the former's DP2 jack-up vessel Goliath being deployed for the first projects.