Latest business news – Page 49
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NewsCeva wins Airbus contract
Ceva Logistics has secured production supply contract for Airbus at the aircraft manufacturer’s assembly site in Hamburg, Germany.
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NewsFracht opens in India
Fracht opened its first office in India on February 22. Based in Mumbai, the Indian outfit will be led by two industry veterans – Captain V.P Rajesh and Rajnish Tiwari.
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NewsKuehne + Nagel to acquire Apex
Kuehne + Nagel has entered into a binding agreement to acquire Asian logistics provider Apex International Corporation.
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NewsCreditors approve Tadano’s German restructuring
Creditors have approved Tadano Demag and Tadano Faun’s reorganisation plan, meaning the group can continue with the operational restructuring measures.
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NewsMOL to launch Wind Power Energy division
Mitsui O.S.K. Lines (MOL) will launch its Wind Power Energy business division in April 2021. The Japanese carrier will also participate in Tokyo’s Wind Expo 2021, which takes place March 3-5.
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NewsGoldhofer boosts UK offering
Goldhofer has appointed Specialist Trailer Hire (STH) as a sales and service partner for its trailers in the UK.
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NewsRhenus in BLG deal
Rhenus Air & Ocean plans to acquire a part of BLG Logistics Group’s freight forwarding business.
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NewsCMA CGM boosts logistics services
CMA CGM has created a specialised airfreight division – CMA CGM Air Cargo.
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NewsBelgian ports set to merge
The Belgian ports of Antwerp and Zeebrugge are to join forces – a process that is expected to take a year to finalise.
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NewsSAL updates branding
SAL has unveiled a set of logos for each of its divisions – SAL Heavy Lift, SAL Engineering, and the recently launched SAL Renewables – as it continues its development from its heavy lift shipping roots into a multi-brand corporation.
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NewsS.F. Holding to take Kerry Logistics stake
S.F. Holding will take a 51.5 percent stake in Kerry Logistics Network.
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NewsVerton partners with Crosby
The Crosby Group has invested in Australia-based Verton Technologies. The companies will collaborate to accelerate the adoption of Verton’s remote-control load orientation solutions.
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NewsBoluda consolidates Spanish presence
Boluda Port Services – a division of Spanish shipping company Boluda Corporación Marítima – has acquired Amarradores del Puerto de la Bahía de Cádiz.
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NewsCrowley and Watco team up
Crowley and Watco are partnering up to provide terminal and supply chain management solutions for the offshore wind industry in the USA.
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NewsDNV GL restructures and strengthens ahead of rebrand
DNV GL launched its Energy Systems division earlier this month, bringing its Oil & Gas and Power & Renewables units under one banner.
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NewsLogistics industry reports recovery beyond 2022
The 2021 Agility Emerging Markets Logistics Index reports that logisticians do not expect a full economic recovery from the Covid-19 pandemic until 2022 or beyond.
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NewsErnst Russ expands portfolio
Hamburg-based Ernst Russ has acquired majority shares in two 12,500 dwt multipurpose vessels.
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NewsSF eyes Kerry Logistics acquisition
China’s SF Holdings is reportedly in talks to acquire Kerry Logistics Networks, according to a Reuters report.
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NewsSolent Stevedores crosses the channel
UK-based port operator Solent Stevedores is expanding its activities into France with the creation of Saint-Malo Stevedores.
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NewsUAL appoints UK agent
Universal Africa Lines (UAL) has appointed Aberdeen Universal Shipping Agencies (Ausa) as its exclusive general agent in the UK.