All Mergers and acquisitions articles – Page 29
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Bravo orders ten from Lockheed
July 14 - Bravo Industries, the Brazilian logistics and defence group, has ordered ten new-generation 'Super Hercules' commercial freighters, which it plans to use to reach the country's 'underserved regions' that lack ground support and critical infrastr
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Volga-Dnepr finalises Boeing order
July 12 - Volga-Dnepr Group and Boeing have finalised terms for the acquisition of 20 B747-8 freighters, four of which have already been delivered.
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Damen on the double
July 6 - Silverburn Shipping Group has taken delivery of two Damen Stan Pontoon 8916 ICE vessels.
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Allcargo projects head steps down
July 4 - Armin D. Kalyaniwalla has stepped down from his role as ceo of Allcargo Logistics' project logistics division after five years.
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Loomis sells to Rhenus
July 4 - Rhenus Alpina has acquired the general cargo business of Sweden's Loomis Group, which includes the individual operating units of Mat Transport, Bonafide Logistic, Via Mat (France) and O.Lisboa Despachos Internacionais.
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Ti report predicts 'further consolidation'
July 1 - Transport Intelligence's (Ti) new Global Freight Forwarding 2016 report suggests that while the market is estimated to have contracted by 1.6 percent in 2015, forwarders' revenues were not hit as hard as you might think.
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Hapag board approves UASC merger
June 29 - Hapag-Lloyd's supervisory board has approved the merger of the German container line with United Arab Shipping Company (UASC).
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Buckerfield in at Virgin
June 24 - Virgin Atlantic Cargo has appointed Steve Buckerfield as vice president sales.
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K+N in European reshuffle
June 21 - With effect from October 1, Kuehne + Nagel is establishing two organisational units focusing on central and eastern Europe, and western Europe respectively.
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Siemens and Gamesa to merge
June 21 - Siemens has signed a binding agreement to merge its wind power business with Gamesa to create what it claims will become “a leading global wind power player”.
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Chipolbrok celebrates 65 years
June 14 - The Chinese-Polish Joint Stock Shipping Company (Chipolbrok), which celebrates its 65th anniversary tomorrow, says that, in spite of the "ongoing shipping crisis since 2008, the latest mergers, cooperations and startups", the company has dealt w
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Lifting first for Balmer
June 6 - Balmer Spedition und LKW-Service has purchased its first mobile crane - a five-axle Liebherr LTM 1160-5.2.
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Lubbers to take on Wagenborg division
June 6 - Dutch specialised transport services provider Lubbers Logistics Group intends to acquire the special road transport division of Wagenborg Nedlift, with effect from July 1.
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Rickmers takes on Nordana's project line
June 1 - Consolidation in the multipurpose shipping sector took a further step forward today with the news that Rickmers-Linie is set to take over Nordana Project & Chartering.
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Terex ends Zoomlion talks
May 31 - Terex has confirmed that discussions with Zoomlion Heavy Industry Science and Technology regarding the potential purchase of the US headquartered manufacturer have been terminated.
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Kalhagen joins Metro Ports
May 24 - Metro Ports has named Geir-Eilif Kalhagen to the newly-created position of director of northern California and Pacific Northwest.
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Terex agrees Konecranes sale
May 17 - Terex Corporation has agreed with Konecranes to terminate its original merger plans and instead sell its material handling and port solutions (MHPS) business to the Finnish company for USD1.3 billion.
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Challenging times ahead, says WWH
May 13 - Shipping and integrated logistics group Wilh. Wilhelmsen Holding (WWH) reported an operating profit of USD143 million for Q1 2016, on the back of revenues totalling USD848 million during the quarter.
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Container lines form THE Alliance
May 13 - Hanjin Shipping, Hapag-Lloyd, "K"Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha (NYK Line) and Yang Ming have partnered to form THE Alliance - a new container shipping alliance covering East-West trade lanes.