Latest news from Heavy Lift & Project Forwarding International Magazine

Toll completes hat-trick of 2009 acquisitions

November 9 - Australian-based Toll Group has acquired Logistic Distribution Systems (LDS), one of the leading privately-owned international freight forwarding companies in the United Arab Emirates (UAE).

LDS is headquartered in Dubai, and provides an integrated international sea and air freight forwarding service to its customers through its extensive operational platform in Dubai and the Jebel Ali Free Zone. LDS also provides transport and logistics services to its freight forwarding customers within the UAE.

LDS serves the import, export and transshipment requirements of industrial and infrastructure customers throughout the UAE, with strong volumes in the key European and Asian trade lanes.

The purchase is the third significant expansion for the Toll Group, despite the hard economic times this year.  In June, the group reached agreement for the purchase of 1000f the shares in Perkins Group Holdings, the parent of the Perkins Shipping Group. The Perkins Group provides shipping, integrated freight services, land haul services and general freight services.

Earlier in the year, Toll Group had completed its purchase of BALtrans Logistics Worldwide and will use its new Asian forwarding and logistics operations as a platform to strengthen the TGF network in the Middle East, South Africa, Europe and North America. Toll had acquired BALtrans Logistics in early 2008 and completed the re-branding of the company as Toll Global Forwarding on 27 February 2009.

Heavy Lift | News

Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 478
Ambercor completes yankee move thumbnail image

Ambercor completes yankee move

February 17 - Canada-headquartered Ambercor Shipping has coordinated the delivery of a yankee dryer and two through-air dryer (TAD) rolls in Quebec.
Views: 224
Duluth awarded infrastructure grant thumbnail image

Duluth awarded infrastructure grant

February 17 - The US Department of Transportation’s Maritime Administration has allocated a USD10.5 million grant to the Duluth Seaway Port Authority. 
Views: 245

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