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Ground Freight & Logistics

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Global Ports says agreed to sell LT to TransContainer

Wednesday, 16 Aug 2017 07:00am EDT

Aug 16 (Reuters) - Global Ports ::GLOBAL PORTS AGREED TO SELL LT TO TRCN.DEAL FOR A CONSIDERATION OF 1.9 BILLION RUSSIAN RUBLES TO BE PAID UPON COMPLETION OF TRANSACTION.GROUP INTENDS TO USE PROCEEDS OF SALE FOR FURTHER DELEVERAGING.ONE OF GROUP'S SEA TERMINALS SIGNED AGREEMENT TO SELL SHARES IN JSC LOGISTIKA-TERMINAL TO PJSC TRANSCONTAINER.SAYS HAS SIGNED AGREEMENT TO SELL ITS 100% SHARES IN LOGISTIKA-TERMINAL.TRANSACTION IS SUBJECT TO APPROVAL OF RELEVANT REGULATORY AUTHORITIES.SAYS SELLS LT TO TRANSCONTAINER FOR A CONSIDERATION OF 1.9 BILLION RUSSIAN RUBLES TO BE PAID UPON COMPLETION OF TRANSACTION.

Ryder System partners Chanje Energy to become exclusive sales channel partner and service provider

Monday, 14 Aug 2017 06:55am EDT

Aug 14 (Reuters) - Ryder System Inc :Ryder partners with Chanje Energy to become exclusive sales channel partner and service provider.Ryder System Inc - Ryder has placed its initial order of Chanje vehicles​.

J.B. Hunt Transport Services expands e-commerce delivery platform with the acquisition of special Logistics Dedicated LLC

Friday, 21 Jul 2017 07:31am EDT

July 21 (Reuters) - J B Hunt Transport Services Inc :J.B. Hunt Transport Services, Inc. expands e-commerce delivery platform with the acquisition of special Logistics Dedicated, LLC.J B Hunt Transport Services Inc - ‍expects transaction to be immaterial to 2017 operating results and accretive in 2018​.J B Hunt Transport Services Inc - ‍purchase price is $136 million​.J B Hunt Transport Services Inc - ‍Transaction is not expected to have a significant impact on interest expense​.J B Hunt Transport - ‍Anticipates using existing revolving credit facility to finance transaction and to provide liquidity for future operations​.J B Hunt Transport Services Inc - ‍Preliminary valuations indicate an incremental amortization expense between $7 million and $10 million annually from deal​.

TCRC-MWED ratify five-year agreement with CP

Thursday, 20 Jul 2017 05:38pm EDT

July 20 (Reuters) - Canadian Pacific Railway Ltd :TCRC-MWED ratify five-year agreement with CP.Canadian Pacific Railway Ltd - Co, Teamsters Canada rail conference maintenance of way employees division have ratified a new five-year agreement.Canadian Pacific Railway Ltd - ‍agreement ensures wage increases of 2 percent each year over term of contract​.Says TCRC-MWED represents approximately 2,000 workers at CP..Canadian Pacific Railway Ltd - Agreement received 86 percent support and is effective January 1, 2018.Canadian Pacific - ‍Agreement provides opportunity for additional increases of 1 percent in fourth and fifth years depending on gains in revenue ton miles​.

Antong Holdings signs strategic cooperation framework agreement

Wednesday, 19 Jul 2017 05:56am EDT

July 19 (Reuters) - Antong Holdings Co Ltd <600179.SS>:* Says it signed strategic cooperation framework agreement with administrative board of economic development zone of Tangshan, on July 18.* Says two entities will cooperate on construction of comprehensive logistics base.

ID Logistics signs with Duracell

Tuesday, 25 Apr 2017 12:08pm EDT

April 25 (Reuters) - ID Logistics SAS ::Signs with Duracell.

Antong Holdings' Q1 net profit up, plans to issue debt financing instruments

Wednesday, 19 Apr 2017 06:40am EDT

April 19 (Reuters) - Antong Holdings Co Ltd <600179.SS>:Says Q1 net profit up 125.4 percent y/y at 121.1 million yuan ($17.59 million).Says it plans to issue up to 2.0 billion yuan bonds, 900 million yuan medium-term notes.Says unit plans to sign container leasing contract worth up to $176.75 million.Says it plans to issue up to 900 million yuan commercial paper.

Id logistics unit and Everysens to connect French Danone Waters’ railcars fleet

Thursday, 6 Apr 2017 12:15pm EDT

Id Logistics Sas :Ideo, an ID Logistics unit, and Everysens sign a contract to connect French Danone Waters’ railcars fleet.

Konecranes wins another BOXHUNTER RTG order

Wednesday, 8 Mar 2017 04:00am EST

Konecranes Abp : Signed an agreement with the Gold Bond Group Ltd (Conterm) in Israel for the supply of two BOXHUNTER Rubber Tired Gantry (RTG) cranes to Conterm’s logistics center in Ashdod . Parties involved have agreed not to disclose value of deal .Cranes will be delivered at end of 2017.

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