In a positive development for the logistics sector, a leading company has successfully acquired a terminal management services provider and its affiliated entities in a strategic cash deal valued at $193.6 million. This acquisition encompasses a key player that offers a wide range of services across North America, including terminal management, crane and intermodal equipment…
A major logistics hub in Graz has completed a significant expansion following nearly two years of development, aimed at meeting the increasing demand for products across Austria. This expansion marks the fifth phase of the site’s transformation and reflects efforts to enhance the supply chain infrastructure in the region. The expanded facility now serves an…
An exciting development in the supply chain sector has emerged with the acquisition of a rail terminal operator for approximately $193.6 million. This strategic move is set to significantly enhance operational capabilities and is expected to positively impact earnings immediately, showcasing the potential for growth within the logistics and transportation landscape. The newly acquired company…
A significant project has been launched in Spain to evaluate the potential benefits of hydrogen fuel cells in warehouse operations. This initiative aims to create the country’s first hydrogen-powered logistics site, focusing on enhancing efficiency in forklift operations. The project involves comparing the performance of hydrogen fuel cells with traditional lead-acid batteries at a logistics…