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WHAT DID UNIVERSAL LOGISTICS BUY WITH $65 MILLION?
For expanding its intermodal business, Universal Logistics Purchases Southern Counties Express for $65 Million, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. This is the second acquisition by Universal in 2018. In February, it purchased Fore Transportatio…
THREE IMPORTERS FROM SOUTH KOREA WERE FOUNF ILLEGALLY TRANSORTED INTO THE NORTH KOREAN COAL
On the 10th, the South Korea Customs released the results of the investigation into the “shipment of the coal from North Korean”. It is reported that the three South Korean importers provided a falsifying origin to transport coal and pig iron into North Korea illegally. The in…
STAR BULK COMPLETES ACQUISITION OF 16 BULK CARRIERS
Star Bulk Carriers announced that it has completed the full-share acquisition of 16 bulk carriers from Augustea Atlantica SpA and York Capital Management.The company stated that the final consideration for the acquisition of the Augustea vessel is 10.3 million shares of common stock of the company, e…
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