European wagon lease merger
NewsVTG has announced the completion of its takeover of AAE, creating a lease fleet of 80,000 wagons...
Hapag-Lloyd and CSAV complete merger
NewsWith annual sales of US$12B and around 200 vessels with a capacity of 1M TEU, the merged container operations comprise the world's fourth bi...
New owner for Flensburger
NewsNorway's privately-owned Siem Industries has acquired German shipbuilder Flensburger Schiffbau Gesellschaft mbH & Co KG...
Hamburg Süd and CCNI in tie-up
NewsThe German carrier plans to take over CCNI's container liner activities...
Sort & Store changes hands
NewsThe brand name of the Germany-based special spreaders and attachments maker is being retained...
Strautmann acquires Langendorf
NewsUnder the deal, the Langendorf name will be retained and production will continue at the existing plant...
Hapag-Lloyd turns in better results
NewsHapag-Lloyd has reported improved 1Q results, with freight rates up 4.2% year on year and losses significantly reduced...
VTG and Kuehne & Nagel in rail merger talks
NewsThe parties signed a letter of intent. A majority participation by VTG is aimed for...
Rail share "swap" deal in Germany
NewsDB Schenker Rail and HHLA are refocusing their German intermodal rail interests...
Hamburg to increase stake in Hapag-Lloyd
NewsThe City of Hamburg is to buy part of TUI AG's stake in the German flag carrier. The deal will take the Alfred Ballin Consortium's stake in ...
A new Star over Blohm + Voss
NewsThyssenKrupp AG has sold the Blohm + Voss shipyard to Star Capital Partners...
Terex closing in on Demag
NewsThe acquisitive US construction machinery company has now secured almost a 73% stake in Demag Cranes...
Demag welcomes improved offer from Terex
NewsIt looks as though a substantially-improved offer and a number of business guarantees could land Terex Corp the prize of Demag Cranes AG...
New rail company in Sassnitz
NewsFährhafen Sassnitz GmbH and TME Torsten Meincke Eisenbahn GmbH have jointly established a new railway operating company, Hafenbahn Mukran B...
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