Latest business news – Page 2
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NewsTiong Woon secures Saudi frame agreement
Tiong Woon (TWC) Saudi Arabia has entered into a frame agreement with Samsung E&A Saudi Arabia in a bid to boost its visibility in the country.
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Newspewag to offer one-stop solution for UK customers
Chain manufacturer pewag UK is joining forces with Modulift by pewag and LMS by pewag to provide its UK customers with a one-stop solution for all their lifting needs.
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NewsLauritzen Bulkers acquires Alexander & Blake
Denmark-based Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake.
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NewsProject logistics firms enter 2025 with tempered expectations
The latest BHV Bremische Hafen und Logistikvertretung’s project logistics monitor shows a cautious outlook for the sector in 2025. Uncertainty surrounding trade policies, rising costs, and supply chain disruptions weigh heavily on expectations.
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NewsEllevo-Q launched in Qatar
Ellevo Group signed an exclusive, long-term joint venture partnership with Petrofac Qatar (PETRO-Q).
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NewsMilitzer & Münch expands in Asia
Logistics firm Militzer & Münch has added to its presence in Asia by expanding its network to include Taiwan.
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NewsBertling completes Indonesian office move
Bertling Logistics has completed its office move in Jakarta, Indonesia, with its employees now fully operational at the location.
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NewsJAS Projects launches transport engineering arm
JAS Projects has launched a transport engineering services arm, a move that it says significantly widens its service portfolio.
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NewsGPLN celebrates 20th AGM
Global Project Logistics Network (GPLN) has concluded its 20th AGM, which took place February 14-16, 2025, at the Westin Grande Sukhumvit Hotel in Bangkok, Thailand. 150 delegates from 40 countries attended the event.
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NewsUnsworth opens Liverpool branch
Freight forwarder and customs brokerage firm Unsworth has expanded into the UK’s Northwest region by opening a branch in Liverpool.
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NewsEMO Trans acquires ASF
EMO Trans has acquired its long-standing agent and partner in Romania, ASF.
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NewsDSV results slip in 2024, outlook positive for 2025
Revenues at DSV covering FY 2024 have climbed year on year but profitability has taken a hit. Progress at its Neom joint venture was reported to be developing at a slower rate than expected.
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NewsFLS Group acquires major stake in LogiProject
FLS Group has acquired a majority stake in Italian logistics company LogiProject, which has been rebranded at FLS Italy.
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NewsSatellite office for deugro (USA) in Houston’s Energy Corridor
deugro (USA) has opened a new satellite office at the Energy Corridor in Houston, Texas.
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NewsSGL adds office in Tanzania
Scan Global Logistics (SGL) has opened an office in Dar Es Salaam, Tanzania, as it looks to grow further in East Africa.
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NewsHeavy Lift Awards 2025: Save the date
The Heavy Lift Awards returns to London to celebrate the achievements of the project cargo supply chain. Taking place on Wednesday October 22 at the Royal Lancaster Hotel, the event is the perfect way to showcase your successes from the past year and celebrate industry excellence.
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NewsDrewes opens office in Vietnam
Logistics service provider Drewes Group has opened a new office in Vietnam, the company’s 13th international location.
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NewsFLS Group and AC Logistics join forces
FLS Group has entered into a strategic partnership with Philippines’ specialist AC Logistics, a subsidiary of the Ayala Corporation.
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NewsMeriaura restructures business
Finland’s Meriaura Group has signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence. In connection with the arrangement, the company’s marine logistics business (Meriaura and its wholly owned subsidiary VG-EcoFuel) will be sold to former parent company Meriaura Invest. The name of the new listed company will be Summa Defence.