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BUSINESSNEWS ROUND-UP more news at www.heavyliftpfi.com


Rhenus embarks on an acquisition spree R


henus Group has made a number of acquisitions over the past few months,


including the Miami-based international forwarder Freight Logistics, which specialises in supply chain solutions, air and ocean transportation, Customs brokerage, compliance, warehousing and distribution. In late March, Rhenus


acquired South African freight forwarding and logistics specialist World Net Logistics (WNL). WNL’s core business activities involve air and oceanfreight operations. One major focus lies in providing airfreight connections between South Africa and Germany, as well as marine links between South Africa and China, Germany and the UK. Prior to that, Rhenus acquired Canada’s Rodair Group, which


NEWS in BRIEF


GAC sets up in Guyana GAC has established GAC Logistics and Shipping (Guyana). The company will provide support for oil and gas clients in the Atlantic region of South America.


Record year for Liebherr The Liebherr Group has achieved a record annual turnover of more than EUR10 billion (USD11.3 billion) during its 2018 financial year.


multimodal service Fesco Transportation Group has teamed up with RZD Logistics to launch a multimodal service for containerised cargo from the Asia Pacific region to Europe.


Fesco and RZD ready for


USA cancels oil waivers Effective May 2, 2019, the USA cancelled sanction waivers granted to Japan, South Korea, Turkey and China for importing Iranian oil.


specialises in international freight forwarding, project logistics, courier, warehousing, 3PL services and e-commerce solutions.


Panalpina profits climb despite market challenges


Panalpina boosted its profitability by 15 percent in the first three months of 2019, compared with the same period of last year. “We improved profitability


despite a challenging market environment and during a time when considerable management resources were


absorbed by the merger and acquisition topic,” said Panalpina ceo Stefan Karlen. In April, Panalpina and


Denmark’s DSV reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion). DSV began its takeover bid in January 2019.


Bolloré Transport & Logistics has signed a memorandum of understanding (MoU) with CLS Logistics that outlines plans to establish a joint venture in Ethiopia. Bolloré and CLS will support


the country’s textiles, coffee and infrastructure sectors.


www.heavyliftpfi.com


Bolloré teams up with CLS The companies will also


provide supply chain services for industrial projects. As part of the agreement, the


joint venture plans to invest EUR15 million (USD16.95million) in a modern logistics hub. The project involves the construction of a 12,000 sq m warehouse.


FEHN POLLUX SAILS WITH A FLETTNER-ROTOR. For more information see www.fehnship.de


CONTACT US: Hafenstraße 15 26789 Leer/Germany Phone: +49 (0) 491 928 150 Mail: projects@emschartering.de


www.ems-fehn-group.de THE SHIPPING AND LOGISTICS EXPERTS May/June 2019 7


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