Logistics
Agility and DSV have reached an agreement that DSV will acquire Agility's stand-alone GIL business in an all-share transaction. DSV will issue 19,304,348 shares, representing approximately 8.0% of all post-transaction outstanding shares of DSV. Based on the DSV share closing price of DKK 1,299.5, and an exchange rate of DKK 1.00 = USD 0.163 and KWD = 0.049, the all-share transaction has an implied equity value of GIL of USD ...
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Hannibal Industries, one of the largest steel pallet rack manufacturers in the U.S., announced that in spite of the unforeseen challenges of 2020. The company grew in key areas and is well-positioned to continue that growth through 2021. As a result of the pandemic, ...
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Octopi, part of Navis and Cargotec Corp., announced that Savage has selected Octopi by Navis' cloud-based terminal operating system (TOS) for its intermodal rail terminal in Idaho. The terminal is expected to be operational by mid-year 2021 and once complete, it will be a top ...
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SEKO Logistics has opened major new regional distribution hubs on the U.S. east coast to manage growth in Baltimore and Charlotte as part of its investment strategy to expand the company’s facilities footprint in the United States. The new Baltimore operation offers over 160,000 sq. ...
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GEODIS, a leading global logistics provider, has partnered with Phantom Auto, experts in long-range remote operation software for unmanned vehicles, to develop a forklift truck that can be controlled from a distance. This innovative program is aimed at improving comfort and safety, and creating job ...
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Gov. John Bel Edwards, Port of New Orleans President and CEO Brandy D. Christian, and Lineage Logistics President and CEO Greg Lehmkuhl recently announced that the company will build a $42 million expansion of its Jourdan Road cold-storage facility in New Orleans East, where Lineage ...
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C.H. Robinson is paving the way for more sustainable supply chains around the world by turning decades of logistics expertise into technology and data that any company can use to reduce its carbon footprint. Just announced: • Emissions IQ™, which ...
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Pilot Freight Services, a worldwide transportation and logistics services provider backed by ATL Partners and British Columbia Investment Corporation (BCI), has acquired DSI Logistics, a Brea, California-based provider of last-mile home delivery and installation for heavy and hard to handle goods. The transaction closed on ...
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South Carolina Ports celebrates Lineage Logistics’ newly expanded facility in Charleston and the enhanced cold storage capabilities it brings to customers.
As the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, Lineage provides efficient, effective temperature-controlled solutions to protect the integrity ...
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Fujairah Terminals, a subsidiary of Abu Dhabi Ports, and Al Mayya Group, have announced the signing of an agreement to handle the livestock logistics for the annual import of more than a million sheep, goat and cattle into the UAE. In one of the largest ...
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