Author: Procurement-Newz
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China’s export container shipping index down in March-Xinhua
Aerial photo taken on Dec. 5, 2021 shows the sunrise scenery of the Yangpu international container port at Yangpu Economic Development Zone in south China’s Hainan Province. (Xinhua/Pu Xiaoxu) SHANGHAI, April 10 (Xinhua) — China’s index of export container transport declined in March, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index…
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LogicSource gets $180mn growth investment from FTV Capital
US-based LogicSource has raised $180 million from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services businesses. “With this new funding, LogicSource will enhance its services, technology and data offerings, enter new verticals and further invest in client-centric growth initiatives, helping drive measurable and sustainable profit improvements for the world’s most…
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CMA CGM buys auto logistics firm Gefco as Russia’s RZD, Stellantis exit
[ad_1] CMA CGM had been authorised by the European Commission to acquire Gefco’s capital immediately, pending final approval of the deal expected in the coming months, it said in a statement without disclosing financial details. Gefco had announced last week it would buy back the 75% of its shares held by RZD after the state-owned…