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Ground Freight & Logistics

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United Transport and Logistics Company Forms UTLC Eurasian Rail Alliance

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Transcontainer ::SAYS UNITED TRANSPORT AND LOGISTICS COMPANY (UTLC) DECIDES TO SPIN OFF UTLC – EURASIAN RAIL ALLIANCE (UTLC ERA), UTCL LOGISTICS AND UTLC FINANCE.UTLC ERA TO BE OWNED ON PARITY BASIS (33.33% SHARES) BY RUSSIA, KAZAKHSTAN AND BELORUSSIA - RUSSIAN RAILWAYS.UTLC ERA TO BE FORMED ON 'NO ASSETS' MODEL - RUSSIAN RAILWAYS.UTLC ERA SHARE CAPITAL TO AMOUNT TO RUB 98.127 BILLION - RUSSIAN RAILWAYS.UTLC ERA WILL CARRY OUT UTLC'S MAIN ACTIVITY ON CARGO TRANSIT IN THE TERRITORIES OF THE COUNTRIES PARTICIPATING IN THE PROJECT.

Konoike Transport to merge with construction industry unit

Monday, 27 Nov 2017

Nov 27(Reuters) - Konoike Transport Co Ltd <9025.T>:Says it plans to merge with a Nagoya-based wholly owned construction industry unit.Merger effective April 1, 2018.Says the unit will be dissolved after the merger .

Inui Global Logistics says dissolution and liquidation of unit

Thursday, 9 Nov 2017

Nov 9 (Reuters) - Inui Global Logistics Co Ltd <9308.T>:Says it plans to dissolve and liquidate unit INUI SHIPPING (SINGAPORE) PTE.LTD.

YRC Worldwide posts Q3 ‍income per share $0.09​

Thursday, 2 Nov 2017

Nov 2 (Reuters) - YRC Worldwide Inc :YRC Worldwide reports third quarter 2017 results.Q3 revenue $1.251 billion.YRC Worldwide Inc - ‍Q3 2017 tonnage per day increased 0.7 pct at YRC Freight and 4.0 pct at regional segment compared to Q3 2016​.YRC Worldwide Inc - ‍consolidated operating ratio for Q3 2017 of 96.8 was consistent with Q3 2016​.YRC Worldwide Inc qtrly ‍operating revenue for YRC Freight was $787.8 million versus $777.9​ million.YRC Worldwide Inc - qtrly ‍income per share $0.09​.YRC Worldwide -‍ YRC Freight is implementing "significant" change of operations including transitioning 8 terminals to regional distribution centers​.

Bomi Italia approves merger decision, acquires remaining 20% of Berga Srl

Monday, 30 Oct 2017

Oct 30 (Reuters) - BOMI ITALIA SPA ::ANNOUNCED ON SUNDAY THAT ASSEMBLIES OF ITS UNITS G. CARRAI & C. S.R.L., CHASQUI S.R.L., BERGA S.R.L. AND LOGIK TRANS S.R.L. 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.BOMI ITALIA HAS ALSO ACQUIRED 20% STAKE IN BERGA S.R.L., RAISING ITS STAKE TO 100%, FOR A TOTAL OF EUR 282,000.

Union Pacific reports Q3 EPS $1.50, business vols fall 1 pct

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Union Pacific Corp:Union pacific reports third quarter 2017 results.Q3 earnings per share $1.50.Q3 revenue $5.4 billion versus i/b/e/s view $5.33 billion.Q3 earnings per share view $1.49 -- Thomson Reuters I/B/E/S.Union Pacific Corp- Qtrly ‍operating ratio of 62.8 percent, up 0.7 points​.Union Pacific Corp- ‍quarterly freight revenue improved 4 percent compared to Q3 2016​.Union Pacific Corp- ‍$1.77 per gallon average quarterly diesel fuel price in Q3 2017 was 13 percent higher than q3 2016​.Union Pacific Corp- ‍Q3 business volumes, as measured by total revenue carloads, declined 1 percent compared to 2016​.

Zero to fully acquire automobile related firm

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Zero Co Ltd <9028.T>:Says it plans to raise stake in Aomori-based firm to 100 percent from 11 percent, on Nov. 1.Says the Aomori-based firm is mainly engaged in automobile related business.Acquisition price is undisclosed .

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 .

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