Virginia privatisation cancelled

News

Virginia Governor Bob McDonnell has accepted the decision from the Virginia Port Authority to cease reviewing the two remaining unsolicited ...

Two more bid for VIT

News

The Commonwealth of Virginia Office of Transportation Public Private Partnerships has received two more proposals to operate the marine term...

Terex and Fantuzzi reach agreement

News
After protracted and difficult negotiations, Terex Corp seems to be going ahead with its takeover of Fantuzzi Group, but on different terms ...

GD acquires Syltone

News
Gardner Denver Inc, a US manufacturer of compressors and blowers for industrial applications and pumps used in the industrial and petroleum ...

Omni eyes BCR

News
US-based OmniTrax is interested in purchasing British Columbia's crown-owned railway, BC Rail (BCR)....

Cavotec acquires Gantrex

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The Cavotec Group has announced the acquisition of USbased Gantrex Corporation, a leading manufacturer and supplier of crane rail fastening ...

RailAmerica sales

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RailAmerica Inc, the world's largest short line and regional railroad operator, has sold the capital stock of its Texas New Mexico Railroad ...

Sea Star to acquire Navieras

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Jacksonville, Florida-based Sea Star Line has received US Bankruptcy Court approval for its proposed takeover of Puerto Rican operator Navie...

Bolzoni buys Brudi

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Italy-based Bolzoni, which already controls Auramo, has acquired the US-based Brudi brand from TMB Holdings. Brudi, which specialises in equ...

Trinity/Thrall to merge

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Trinity Industries Inc (TRI) and Thrall Car Manufacturing are to merge their freight wagon building activities in North America and Europe....

GIS in expansion mode

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US depot operator Global Intermodal Systems (GIS) and Costa Rica-based Corporacion Navex have announced the completion of a transaction thro...

XTRA set to change hands

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Intermodal equipment lessor XTRA Corporation is to be taken over by diversified investment group Berkshire Hathaway Inc in a transaction val...

KN move for USCO

News
Switzerland-based Kuehne & Nagel International AG (KN) has signed an agreement to acquire USCO Logistics of Hamden, CT, USA, for US$300 mill...