Monday, August 06, 2018
China-Vietnam Narrow-gauge Railway has more than 580 lines, sending 220,000 tons of goods.
According to the China Railway Kunming Bureau Group news, as of the end of July this year, there are more than 580 lines of China-Vietnam Narrow-gauge Railway, totally sending 220,000 tons of goods. It will be surely a convenient passage for interconnection between southwestern China and Southeast A...
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Tuesday, July 24, 2018
Pilot Freight Buys Manna, Expands Furniture Delivery
Pilot Freight Services acquired Manna Freight Systems to expand its final-mile delivery and installation services of furniture and appliances. Terms of the deal were not released.Lima, Pa.-based Pilot is a transportation and logistics provider with offices in North America and operations in Western ...
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Friday, July 20, 2018
Rail freight specialist VTG rejects €1.5bn Morgan Stanley takeover bid
The board of German rail freight asset owner and logistics firm VTG has rejected a &euro;1.52bn ($1.8bn) takeover bid from a private equity fund managed by US investment bank Morgan Stanley. Morgan Stanley subsidiary Warwick Holdings had built up a 27% stake in VTG, which is listed on Frankf...
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