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