Latest business news – Page 137
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Baldwins outsources haulage operations
September 19 - UK crane rental company Baldwins Crane Hire has inked an agreement with North Yorkshire based Metcalfe Farms Haulage for the outsourcing of its haulage operations.
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Indiana holds 14th logistics event
September 16 - The 2016 Indiana Logistics Summit will take place at the Indiana Convention Centre in Indianapolis from November 16-17.
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Maxim acquires Essex Crane crawlers
September 15 - Maxim Crane Works has acquired Essex Crane Rental's core fleet of crawler cranes, and added five new branches to its roster.
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C.H. Robinson in APC buy
September 15 - C.H. Robinson has entered into a definitive agreement to acquire APC Logistics, a provider of freight forwarding and Customs brokerage services in Australia and New Zealand.
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New Flettner Freighter design revealed
September 14 - Following the development of a 4,500 dwt vessel last year, C-Job Naval Architects has been contracted by the Switijnk family to design an 8,000 dwt Flettner Freighter, dubbed FF8000.
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BWM convention to come into force in 2017
September 14 - Following Finland's decision to ratify the convention, the IMO's ballast water management (BWM) convention is set to enter into force on September 8, 2017.
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ITI to launch crane simulator
September 9 - Industrial Training International (ITI) is developing a virtual reality mobile crane simulator product, which it plans to unveil at Conexpo in March 2017.
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OHL becomes Geodis
September 8 - After being acquired by Geodis in 2015, Ozburn-Hessey Logistics (OHL) has now been fully rebranded under the Geodis name.
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Freja posts half-year growth
August 31 - Freja Transport & Logistics posted year-on-year growth of 1 percent in turnover at EUR166 million (USD184 million) for the first half of 2016, with a 20 percent increase in EBIT to EUR4.2 million (USD4.6 million).
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Rickmers releases half-year report
August 31 - The Rickmers Group has issued its 2016 half-year report, which confirms consolidated revenues of EUR249.3 million (USD277.6 million) - a 13.9 percent decrease compared with the same period of 2015.
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Alliance and acquisition for Ritchie Bros
August 30 - Ritchie Bros has entered into a strategic alliance agreement with equipment manufacturer Caterpillar, and reached an agreement to acquire online marketplace IronPlanet.
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Topkran ups crawler fleet
August 26 - Moscow based crane hire company Topkran has taken delivery of its second 350-tonne capacity LR 1350/1 crawler crane.
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Rickmers cancels ship management merger
August 26 - Rickmers Holding and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities for the time being.
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Global fleet growth expected
August 25 - The heavy lift and multipurpose (HL/MPV) shipping sector is under extreme pressure. With desperately low commodity prices laying waste to new capital projects, and increasing competition from other shipping modes for cargoes, the HL/MPV sector
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NORD/LB deal reduces shipping exposure
August 24 - NORD/LB (Norddeutsche Landesbank) and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund, will acquire a portfolio of performing and non-perf
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Stolberg trial nears completion?
August 24 - Some of the German media reported that yesterday was a reasonable day in court for Niels Stolberg, the ex-head of the now defunct Beluga Group, when the presiding judges in Bremen's regional court ruled that one of three indictments against hi
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Multi Marine and Conti7 strengthen alliance
August 23 - Belgium's Conti7 shipping group and Italy's Multi Marine Services (MMS) have strengthened their short sea services partnership through a new joint operation, Conti Carwil Line, combining the respective services of Conti Med Line and Carwil Lin
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Refurb for Tulsa heavy lift crane
August 23 - A total refurbishment and transplant of advanced materials handling technology into the 200-tonne capacity crane at the Tulsa Port of Catoosa will help this inland US port continue to serve its existing users cost-efficiently while introducing
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JAXPORT gets heavy lift of its own
August 22 - In the USA, JAXPORT's ongoing investment could be seen as three container cranes arrived at the port's Blount Island Marine Terminal aboard the ZPMC semi-submersible ship, Zhen Hua 14, which departed from Shanghai, China in early June. They wi
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Changes at the top for Fednav
August 22 - Effective September 10, Paul Pathy will assume responsibility as the sole chief executive officer of Fednav Limited and of Fednav International Ltd (FIL).