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News Desk

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FedEx acquires Brazil's Rapidao Cometa Logistica e Transportes [30/May/2012]

FedEx expands further into the Brazilian transport and logistics market by acquiring its Brazilian authorised representative for an undisclosed amount. Read Full Article...

Considerable interest for GEFCO stake [25/May/2012]

The process of selling a minority stake in GEFCO appears to be proceeding rapidly. Press reports in Bloomberg and rumours in the private equity business suggest that there has been considerable interest in the offer. Read Full Article...

Automotive industry drives port growth [24/May/2012]

US and Mexican ports report strong increases in automobile exports. Read Full Article...

Toll moves to rationalise portfolio [18/May/2012]

Toll Group announced on Wednesday (16/5) that it is reacting to weaker demand in a number of its core markets and continuing problems at its Japanese business through a series of write-downs. Read Full Article...

CAT Logistics sale is a remarkable deal, says analyst [14/May/2012]

The recent deal to sell a majority stake in CAT Logistics Services (CLS) is a remarkable one, says Ti’s Chief Analyst Thomas Cullen. Read Full Article...

Caterpillar agrees sale of majority interest in CLS [11/May/2012]

US-based industrial manufacturer, Caterpillar, has sold a majority stake in its third party logistics subsidiary to a Private Equity fund. Read Full Article...

Higher rates result in higher revenues for Class I railroads [26/Apr/2012]

Higher rates resulted in higher revenue growth for Class I railroads. Although overall volume growth was lackluster, intermodal and automobile growth was noted. Read Full Article...

Global Ports reaps the rewards of its Russian dominance [28/Mar/2012]

The Russian ports and intermodal operator Global Ports Investments has announced particularly strong results for 2011 and suggested that it is looking to create new infrastructure on the Black Sea. Read Full Article...

NAFTA trade increases 14.3% in 2011 [01/Mar/2012]

NAFTA trade remained strong in 2011, increasing over 14%. Increases in automobile manufacturing, pipeline activity and in Mexican manufacturing attributed to the growth in NAFTA trade. Read Full Article...

GEFCO part-sale will be complex [17/Feb/2012]

The future of GEFCO is unclear following the announcement by PSA Peugeot Citroen that it intends to sell part of the equity of the company. Read Full Article...

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