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Genesee & Wyoming Australia completes acquisition of Grail Genesee & Wyoming (G&W) announced that Genesee & Wyoming Australia (GWA) has completed the acquisition of Glencore Rail (GRail) for A$1.14bn and has concurrently issued a 49% equity stake in GWA to funds and clients managed by Macquarie Infrastructure and Real Assets (MIRA).
Freight > Rail & Road > News
Crowley secures freight services contract from US Department of Defense The US Transportation Command (TRANSCOM), an agency of the US Department of Defense (DOD), has awarded Crowley Logistics a multi-year contract to provide transportation and related services supporting Department of Defense activities in the US and Canada.
Freight > Rail & Road > News Hyndman opens new terminal in Ayr, Ontario Hyndman Transport, a subsidiary of Celadon Group, has announced the opening of a new trucking terminal in Ayr, ON in mid-November.
Freight > Rail & Road > News
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Transnet, GE Transportation partner to digitize supply chain in South Africa
By LBR Staff Writer
South Africa’s state-owned freight and logistics firm Transnet has collaborated with GE Transportation to digitize supply chain in the country.
Freight > Rail & Road > News
Eimskip to buy Norwegian shipping and logistics company Nor Lines
By LBR Staff Writer
Iceland-based Eimskip has agreed to acquire Norwegian shipping and logistics company Nor Lines, in a bid to offer better services for its customers.
Freight > Rail & Road > News
Genesee & Wyoming completes acquisition of Providence and Worcester Railroad
Genesee & Wyoming (G&W) announced that it has completed the acquisition of Providence and Worcester Railroad Company (P&W) for $25.00 per share, or approximately $126m.
Freight > Rail & Road > News
Sunteck Transport Group merges with TTS, LLC
Two agent-based third-party providers of transportation and logistics management services, Sunteck Transport Group and TTS, LLC announced that the companies agreed to merge and will operate under Sunteck / TTS Holdings, LLC.
Freight > Rail & Road > News
XPO Logistics divests truckload business to TransForce for $558m
By LBR Staff Writer
XPO Logistics has divested its truckload business to Canadian transportation firm TransForce for about $558m.
Freight > Rail & Road > News
EQT Infrastructure II plans to acquire GB Railfreight
EQT Infrastructure II has submitted, through an indirectly owned company within the Hector Rail group, an irrevocable offer to acquire GB Railfreight from Groupe Eurotunnel SE.
Freight > Rail & Road > News
The Bay Line Railroad and Panama City Port Authority to operate new Choice Terminal bulk transload facility
The Bay Line Railroad, a subsidiary of Genesee & Wyoming has entered into an agreement with the Panama City Port Authority to operate a Choice Terminal bulk transload facility at the port's Intermodal Distribution Center (IDC).
Freight > Rail & Road > News
England Logistics appoints Justin Smith as vice president of Finance and Wendy Barclay as vice president of marketing
England Logistics, one of the nation's top freight brokerage firms, announced the promotion of Justin Smith to Vice President of Finance and Administrative Support and Wendy Barclay as Vice President of Marketing and Public Relations. Both individuals will serve as members of the company's executive leadership team.
Freight > Rail & Road > News
Nurminen Logistics and Russian Rustranscom to establish new company
Nurminen Logistics Group start the strategic collaboration with the Russian Rustranscom group. This will see the creation of a jointly owned company, NR Rail, a subsidiary of the Nurminen Logistics Group, that will offer new alternatives for import and export traffic between Finland and Russia.
Freight > Rail & Road > News
PS Logistics acquires Mizar logistics division
PS Logistics announced their acquisition of the logistics division of Mizar Motors and a new partnership as the logistics arm of Heidtman Steel.
Freight > Rail & Road > News
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