Tag: logistics

Bolloré Group to sell Bolloré Logistics to CMA CGM Group for €4.6bn

businessnewstoday- July 12, 2023

French conglomerate Bolloré Group has announced the signing of a share purchase agreement to sell 100% of Bolloré Logistics to the CMA CGM Group, a ... Read More

Ransa merges with TCF to expand logistics capabilities in Latin America

businessnewstoday- July 10, 2023

Global alternative investment firm H.I.G. Capital announced that its portfolio company, Grupo Ransa, has completed a merger with Transportes Centroamericanos del Futuro (TCF). Ransa, a ... Read More

AVG Logistics introduces temperature-controlled vehicle for sustainable transportation

businessnewstoday- July 3, 2023

AVG Logistics, a logistics company in India, has announced the development of a 45-ft temperature-controlled vehicle, in a move towards more sustainable transportation. This advanced ... Read More

Allcargo Logistics acquires 30% stake in Gati-Kintetsu Express for Rs 406.7cr

businessnewstoday- June 10, 2023

Allcargo Logistics, an India-based provider of multimodal logistics solutions and part of The Allcargo Group, has concluded the acquisition of a 30% stake in Gati-Kintetsu ... Read More

ID Logistics acquires Spedimex to bolster presence in Polish contract logistics market

businessnewstoday- May 31, 2023

French contract logistics and supply chain management company, ID Logistics, has successfully acquired 100% of Spedimex, a contract logistics firm in Poland, for an enterprise ... Read More

ASRC Federal to acquire logistics and supply chain management unit of SAIC

Raghuram Kadari- March 25, 2023

ASRC Federal Holding Company has agreed to acquire the logistics and supply chain management arm of Science Applications International Corp. (SAIC) in an all-cash transaction ... Read More

ReTo’s Yangpu Fangyuyuan to form IoT and logistics JV with Hainan Yonghuiju

businessnewstoday- February 24, 2023

ReTo Eco-Solutions said that its subsidiary Yangpu Fangyuyuan United Logistics will form a joint venture (JV) with Hainan Yonghuiju Technology, a Chinese agricultural products logistics ... Read More

Software company WiseTech acquires US logistics firm Blume Global for $414m

Raghuram Kadari- February 19, 2023

Australian Software company WiseTech Global has acquired Blume Global, a North American intermodal rail solutions provider, for $414 million. The transaction comes close on the ... Read More

WiseTech Global buys supply chain orchestration software firm Blume Global

businessnewstoday- February 18, 2023

WiseTech Global has acquired Blume Global, a California-based multimodal supply-chain orchestration software provider, for a consideration of $414 million. Blume Global has built a solution ... Read More

Tata Steel executes TMT bars multi-modal shipment from West Bengal to Tripura via IBP route

businessnewstoday- February 17, 2023

Indian steelmaker Tata Steel said that it has completed the first multi-modal shipment of 960 tonnes of stainless steel TMT bars successfully, from the Haldia ... Read More