Initially rumoured in March, the takeover of Genesee & Wyoming (G&W) was finally announced on Monday, valuing the target at $8.4bn, including net debt and adjusted by minorities.
Unsurprisingly, the deal received the backing of the board of G&W, as …
P&O Ferrymasters today announces the expansion of its intermodal network to include services from Budapest to Rotterdam in the Netherlands and Duisburg in Germany. The company’s already significant network will now offer onward connections, in both directions, between these three …
South Korean carrier Hyundai Merchant Marine (HMM) is to join THE Alliance when its slot charter agreement with the 2M expires next April.
HMM will become the fourth member of the vessel-sharing group, joining Hapag-Lloyd, ONE and Yang Ming.
An …
It may sound unlikely, but it looks as if a cargo carrier may step in to save a passenger airline.
Italian media are reporting that SW Italia, an offshoot of Azeri freighter operator SilkWay Airlines, is interested in investing in …
Infrastructure investors Brookfield Infrastructure and Singapore’s state-owned GIC are set to buy North America rail operator Genesee & Wyoming (G&W) in a huge $8.4bn deal.
The three parties announced today that the price had been agreed, but stressed that it …
Dubai-headquartered terminal operator DP World has continued its diversification strategy, today announcing it will acquire offshore oil logistics specialist Topaz Energy & Marine.
DP World said it had agreed to buy the company, which operates a fleet of 117 offshore …
Bottlenecks at the Belarus border may slam the brakes on booming Asia-Europe rail services.
And replacing the gauge to alleviate the problem would prove financially disastrous.
One source told The Loadstar such had been the success of the China-Europe rail …
