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Ground Freight & Logistics

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Bomi Italia: gets financing for minority stake in Brazilian unit, merger plan for units approved

Monday, 9 Oct 2017

Oct 9 (Reuters) - BOMI ITALIA ::SAID ON FRIDAY APPROVED MERGER PLAN OF INCORPORATION OF ITS UNITS G. CARRAI & C. S.R.L., CHASQUI S.R.L., BERGA S.R.L. AND LOGIK TRANS S.R.L INTO CARRAI.SAID SUBSCRIBED WITH UNICREDIT CONTRACT FOR EUR 7 MLN FINANCING FOR PARTIAL FINALIZING OF STAKE ACQUISITION IN BRAZILIAN SUBSIDIARY .

Kansas City issues statement regarding Mexican Economic Competition Commission's preliminary report

Thursday, 16 Mar 2017

Kansas City Southern : Kansas city issues statement regarding mexican economic competition commission preliminary report on effective competition in market for interconnection services . Kansas city -commission concludes conditions of effective competition lacking in market of trackage rights in rail networks operated by co's unit, certain others . Kansas city southern says no remedy, sanction, penalty or other alteration of rights of kcsm is imposed by preliminary report .Kansas city southern - preliminary conclusions have no impact on unit kcsm's current business and operations..

Chuo Warehouse plans new unit by business division

Wednesday, 29 Jun 2016

Chuo Warehouse Co Ltd <9319.T> :Says the company plans to set up a new unit and to transfer existing business to it, with effective on Oct. 1.

Japan Logistic Systems to merge with transportation unit

Tuesday, 14 Jun 2016

Japan Logistic Systems <9060.T>: Says it will merge with its Aichi-based transportation wholly owned subsidiary on Oct. 1 .Says the subsidiary will dissolve after merger.

SENKO announces transition to holding company structure

Friday, 15 Apr 2016

SENKO Co Ltd:To set a wholly-owned subsidiary based in Osaka as the successor preparatory company engaged in logistics business on April 15.To transfer its business in Japan to the new subsidiary and restructure itself into holding company, effective April 1, 2017.

ENSHU TRUCK to dissolve overseas nonconsolidated subsidiary and expects extraordinary loss for FY 2016

Tuesday, 29 Mar 2016

ENSHU TRUCK CO LTD:To dissolve overseas nonconsolidated subsidiary located in Qingdao, China.Liquidation is expected to be completed at the last day of Sep. 2017.Says it expects an extraordinary loss of 54 million yen for the fiscal year ending March 2016.

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