Ground Freight & Logistics

Yusen Logistics Co Ltd received surcharge order

Yusen Logistics Co Ltd:The company and Yusen Logistics (Singapore) Pte. Ltd received a surcharge order from Singapore Competition Commission on Dec. 11.Says required to pay a penalty of 2,035,995 Singapore dollar (about 185 mln yen).

Sunday, 21 Dec 2014 10:00pm EST

Hanjin Transportation to sell entire stake in HANJIN KAL Corp.

Hanjin Transportation Co Ltd:To sell entire 2,799,161 shares of HANJIN KAL Corp., which is engaged in real estate business.Transaction amount of 77,956,633,850 won.Expected transaction settlement date of Dec. 22.

Friday, 19 Dec 2014 03:22am EST

Maruhachi Warehouse Co Ltd amends property sale plan and expects extraordinary profit for FY 2015

Maruhachi Warehouse Co Ltd:To sell a Tokyo-based fixed asset and building to Nomura Real Estate Development for 2,308 million yen, not 2,958 million yen disclosed on July 11.Expects extraordinary profit of 2,035 million yen as gain on sale of fixed estate and building for FY ending Nov....

Friday, 19 Dec 2014 01:00am EST

Sugimura Warehouse Co Ltd expects extraordinary loss and lowers consolidated full-year outlook for FY 2015

Sugimura Warehouse Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 9,870 million yen from 9,910 million yen for the fiscal year ending March 31, 2015.Sees a decrease of operating profit forecast to 980 million yen from 1,010 million yen.Sees a decrease of ordinary...

Thursday, 18 Dec 2014 01:10am EST

CTI Logistics Limited gives H2 2014 profit guidance

CTI Logistics Limited:Says that it expects H2 2014 profit before tax to be between 20 pct. 24 pct. on the some period last year.

Wednesday, 17 Dec 2014 04:00pm EST

TransForce Inc approves dividend

TransForce Inc:Has approved a 17.2 pct dividend increase over its previous quarterly dividend of $0.145 per share and declared a quarterly dividend of $0.17 per outstanding common share of its capital.The dividend is payable on Jan. 15, 2015 to shareholders of record at the close of business on Dec....

Wednesday, 17 Dec 2014 09:22am EST

Aramex PJSC acquires PostNet brand in South Africa from OneLogix Group Ltd

Aramex PJSC:Announces its acquisition of the master franchise for the PostNet brand in South Africa.Says the transaction involves a 100 per cent buyout of the business from current owner OneLogix Group Ltd for $16.5 million.Says while Aramex PJSC will own the master franchise for PostNet in South...

Sunday, 14 Dec 2014 07:00pm EST

All America Latina Logistica SA and TPI Triunfo Participacoes e Investimentos SA end contract of association

All America Latina Logistica SA:All America Latina Logistica and TPI Triunfo Participacoes e Investimentos informed on the decision to end the contract of association carried out through creation of Vetria Mineracao SA.Decision made due to certain conditions of the agreement were not met within the...

Thursday, 11 Dec 2014 05:37am EST

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