Ground Freight & Logistics
Maruwa Unyu Kikan Co Ltd <9090.T> : Says co completes establishment of logistics JV in Shandong, China named as Shandong Huahe Logistics Company Limited, on Nov. 9, 2016 .Co holds a 50 percent stake in JV.
Genesee & Wyoming Inc
Hanjin Transportation Co Ltd <002320.KS> : Says it will sell its entire 9.2 million shares of Pusan Newport International Terminal, a freight agency firm, for 115 billion won, to improve business ability .Says it will hold 0 percent stake in Pusan Newport International Terminal after the transaction.
Jiangsu Feiliks International Logistics Inc <300240.SZ> : Sees net profit for FY2016 to increase by 32.44 percent to 62.44 percent, or to be 57.1 million yuan to 70.0 million yuan, compared to net profit of FY2015 (43.1 million yuan) .Says growth in core businesses and decreased financial cost as main reasons for the forecast.