Forward Air's Path to Profitability: A Year Post-Acquisition
The newly appointed management team at Forward Air is diligently navigating the challenges of achieving profitability following the contentious acquisition of Omni Logistics, which was finalized just over a year ago. Despite a challenging demand environment in...
Louis Dreyfus Armateurs Enters Exclusive Negotiations for Majority Acquisition by InfraVia
Louis Dreyfus Armateurs (LDA), a prominent French family-owned shipowner, has initiated exclusive discussions with the Paris-based private equity firm InfraVia regarding a potential acquisition. Under the proposed agreement, InfraVia aims to acquire an 80%...
Marcura Expands Offerings with Acquisition of HubSE
Marcura, a leading maritime technology company, has announced the successful acquisition of HubSE, an innovative firm based in the UK that specializes in automating oil and chemical tanker demurrage claims. This strategic move positions Marcura as the first...
Collaboration in Offshore Vessel Construction: Eidesvik Partners with Agalas and Reach Subsea
Norwegian offshore vessel owner Eidesvik has announced a significant collaboration with fellow Norwegian companies Agalas and Reach Subsea to construct a new construction support vessel (CSV) at the Sefine Shipyard located in Turkey....
A.P. Moller – Maersk Partners with Cochin Shipyard Limited for Maritime Development
A.P. Moller – Maersk, a global leader in shipping and logistics, has entered into a Memorandum of Understanding (MoU) with Cochin Shipyard Limited (CSL) to explore collaborative opportunities in ship repair, maintenance, and...
Chart of the Week: Outbound Tender Reject Index and Outbound Tender Volume Index – Laredo
The Outbound Tender Reject Index (OTRI) and Outbound Tender Volume Index (OTVI) are critical indicators of the truckload capacity landscape in Laredo, Texas, which serves as the largest border crossing...
