CMA CGM withdraws from bidding for Wincanton
NewsWincanton's shares dipped 4.3 per cent in response to CMA CGM's withdrawal, although they remain significantly higher than before the initia...
Catena expands acquiring logistics facility near Copenhagen
NewsLocated six kilometers west of Copenhagen, the property covers 81,000 square meters, with development rights allowing construction of 17,500...
Kuehne+Nagel has agreed to acquire City Zone Express
NewsHeadquartered in Malaysia and established in 2006, City Zone Express has over 500 employees and operates in Malaysia, Singapore, Vietnam, Th...
Bolloré Logistics successfully sold to CMA CGM
NewsThis is CMA CGM’s largest acquisition since its creation in 1978 and constitutes a major step in the CMA CGM Group’s logistics developme...
Duvenbeck takes over Schotpoort Logistics to include Benelux
NewsAs a result of the takeover, all 180 employees at Schotpoort Logistics will join Duvenbeck....
MSC takes 50% stake in key Italian multimodal terminal?
NewsIt is understood that the Swiss-based shipping company has acquired a 50% stake in RHE Rail Hub Europe SpA, located in the Rivalta Scrivia i...
People on the Move – Pacific Maritime Association names new CEO
NewsNew head for UK Chamber of Shipping; new management teams at Cargotec and Kalmar; Tarros appoints new CCO; Schenker promotes; ECU executive ...
Gantrex acquires Liftcom BV
NewsThe crane rails specialist has acquired a Dutch crane inspection, components supply and service and repair company as it bids to become a le...
Taylor Group acquires CVS Ferrari
NewsNorth America’s biggest heavy lift truck builder has acquired an 85% stake in the Italian lift truck company....
TDT Livorno goes to Grimaldi
NewsThe S&P agreement whereby Grimaldi takes the whole of Terminal Darsena Toscana from the existing shareholders has been finalised...
Cargotec’s demerger plan progresses
NewsCargotec is to reorganise and as part of this plan Kalmar, which is the division responsible for designing and manufacturing equipment for h...
Brazilian government pushes ahead with ports privatisation
NewsAt least 19 auctions are planned this year and as many as 35 over the next three years, according to Brazil’s Ministry of Ports and Airpor...
Noatum Logistics Middle East established
NewsAD Ports Group has announced that Noatum, which it acquired in 2020 and the company’s main logistics division, is to absorb MICCO Logistic...
CEVA acquires Wincanton
NewsCEVA Logistics, which is a subsidiary of Marseilles-based CMA CGM, is buying the UK’s supply chain solutions group Wincanton for £UK566.9...
Brunsbüttel LNG terminal changes hand
NewsThe facility is being acquired, as planned, by state-owned Deutsche Energy Terminal GmbH...