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Mergers and acquisitions

FreightWaves Staff Friday, November 8, 2019

DOWN UNDER TRUCKING: Australia’s brutal string of trucking accidents

A spate of deadly trucking-related accidents has taken place around Australia over the last week. Truck rollovers were a major contributor to the death toll. There was also a range of other tragic accidents involving moving vehicles. In other Down Under Trucking news, a criminal trucker gets years in jail for killing another driver; hill descent apps; Freightways buys Big Chill.

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FreightWaves Staff Friday, August 16, 2019

DOWN UNDER TRUCKING: female truckers expect discrimination

Australia’s road transport industry has a way to go in ensuring gender equity. Research has found that female workers encounter misogyny, bullying and discrimination. In other Down Under Trucking news: mistake is no defence to trucking crime; supermarket boosts safety after loading dock death; logistics giant snaps up drayage business; CTI Logistics expects a small profit.

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FreightWaves Staff Friday, July 26, 2019

Competition watchdog worries over USD$248 million sale of liquids terminals

Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent bulk liquid storage company ANZ Terminals. The ACCC has formed a preliminary view that the potential sale would “substantially lessen competition”… and that’s the first step on the way to blocking the A$350 million (US$248 million) deal.

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Nate Tabak Thursday, June 27, 2019

Air Canada to buy Transat

Air Canada (TSE:AC) will acquire Transat A.T. (TSE:TRZ), the parent company of Canada’s third-largest airline, strengthening its position as the country’s dominant carrier.  The companies announced on June 27 that […]

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FreightWaves Staff Wednesday, February 20, 2019

DP World repurchases P&O Ferries

DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World press release. The acquisition will be worth BGP (British pound sterling) 322 million or $421 million. (All values will be converted to U.S. dollars.)

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