Aug 31 (Reuters) - C.H. Robinson Worldwide Inc :C.H. Robinson expands global network, acquires Milgram & Company Ltd..C.H. Robinson Worldwide Inc - C.H. Robinson purchased Milgram & Company Ltd for approximately $62 million CAD.C.H. Robinson Worldwide Inc - acquisition is expected to be approximately neutral to earnings in 2017 and slightly accretive in 2018.C.H. Robinson Worldwide Inc - deal financed through cash and funds drawn from C.H. Robinson's existing revolving credit facility.C.H. Robinson Worldwide Inc - will integrate Milgram into its global forwarding division and single global technology platform, Navisphere.
Aug 25 (Reuters) - W Holding Company Co Ltd <052300.KQ> ::* Says it will merge with a glass firm, and merge ratio is 1:0 between the co and glass firm.* Says merger effective date is Oct. 31.
Aug 9 (Reuters) - Nikkon Holdings Co Ltd <9072.T>:* Says unit NIPPON KONPO UNYU SOKO CO.,LTD. will acquire all shares of Tokyo-based warehouse firm, with disclosed price, effective Aug. 21.* Says unit NIPPON KONPO UNYU SOKO CO.,LTD. will merge with the warehouse firm after acquisition, effective Sept. 26 .* Says the warehouse firm will be dissolved after the transaction.
Aug 4(Reuters) - Nikkon Holdings Co Ltd <9072.T>:Says it will transfer customs clearance related business to wholly owned unit NIPPON KONPO UNYU SOKO CO LTD .Effective Jan. 1, 2018.
July 18 (Reuters) - CSX Corp :CSX Corporation announces second quarter earnings and increase in share repurchase program.Q2 earnings per share $0.55.Q2 revenue rose 8 percent.Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.64 excluding items.Board authorized an additional $500 million for current share repurchase program, which now totals $1.5 billion.CSX Corp - Is currently evaluating its cash deployment strategy with respect to capital structure and shareholder distributions.CSX Corp - Adjusting for restructuring charges, CSX continues to expect a full-year operating ratio in mid-60s.CSX Corp - Incurred a $122 million restructuring charge in this year's Q2 results.CSX - Adjusting for restructuring charges, CSX continues to expect FY earnings per share growth of around 25 percent off 2016 reported base of $1.81.CSX Corp - Adjusting for restructuring charges, csx continues to expect to drive a full-year operating ratio in mid-60s.CSX Corp - Adjusting for restructuring charges, CSX continues to expect to drive a full-year free cash flow before dividends of around $1.5 billion.CSX Corp - Revenue for Q2 increased 8 percent when compared to previous year.
June 27 (Reuters) - Northgate Plc ::FY pretax profit 72.2 million stg versus 77.6 million stg year ago.Final dividend 11.6 penceper share.Total dividend up 8 percent to 17.3 penceper share.FY revenue rose 7.9 percent to 667.4 million stg.£5.7m adverse impact from previous changes in vehicle depreciation rates; £5.2m benefit of foreign exchange across year.Performance of UK business was, however, disappointing with profits impacted by a reduction in vehicles on hire over second half of year.Full appraisal has been undertaken and several corrective actions have been implemented.Current year has started encouragingly, with some exciting prospects in pipeline.
May 25 (Reuters) - Hub Group Inc :Hub group announces the acquisition of estenson logistics.Hub group announces the acquisition of estenson logistics.Hub group inc - deal for approximately $306 million.Hub group inc - deal for $306 million.Hub group inc - deal accretive to earnings in 2017.Hub group inc- following closing of transaction, business will be named hub group dedicated services and will operate as part of hub group trucking.Transaction represents an enterprise value of approximately $289 million.Hub group inc - excluding this amount, transaction represents an enterprise value of approximately $289 million.Hub group - transaction will be financed with combination of cash, an assumption of estenson's secured equipment notes, borrowings under a new credit facility.Says company's leadership team, including tim estenson, ceo, will continue in their current roles.Hub group inc - transaction consideration of approximately $306 million includes approximately $17 million related to recent equipment investments.Says hub group dedicated services will be headquartered in mesa, arizona.Hub group inc- believe that cross-selling opportunities are in excess of $100 million in next five years.Hub-Portion of deal consideration to consist of option for seller to get up to $6 million in event certain ebitda targets are met for 2 yrs following deal.Hub group inc - co's subsidiary, hub group trucking, inc., has entered into an agreement to acquire business of estenson logistics, llc.
May 12 (Reuters) - Enshu Truck Co Ltd <9057.T>:* Says it will dissolve Shizuoka-based subsidiary, which is engaged in transportation and warehousing business, on Aug. 30.
May 11 (Reuters) - Chuo Warehouse Co Ltd <9319.T>: :* Says it will merge with its wholly owned unit, which has been engaged in the assurance business in Kyoto, Japan .* Says the company will be the surviving company and the unit will be dissolved .* Effective date Oct. 1.
May 9 (Reuters) - BOMI ITALIA SPA ::SAID ON MONDAY IT APPROVED BUSINESS PLAN "STAND-ALONE" 2017-2019.SEES 2017 REVENUE AT ABOUT 120 MILLION EUROS AND EBITDA OVER 10.5 MILLION EUROS.SEES 2018 REVENUE AT ABOUT 130 MILLION EUROS AND EBITDA OVER 12.6 MILLION EUROS.SEES 2019 REVENUE AT ABOUT 140 MILLION EUROS AND EBITDA OVER 13.8 MILLION EUROS.