CEVA Holdings LLC – Results for the Quarter One ended 31 March 2017 Good growth with revenue up 5% YoY in constant currency, both in Freight Management and Contract Logistics Continued profitability improvement: Adjusted EBITDA of $54 million, up $2 million in constant currency, despite volatile market conditions and comparative Delivering cost savings through Operational […]
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Daily Archives: May 2, 2017
Roadrunner Transportation Systems Announces Preferred Stock Investment, Credit Facility Refinancing Plans and New Executive Management Team
Cudahy, WI – May 2, 2017 – Roadrunner Transportation Systems, Inc. (“Roadrunner”) (NYSE: RRTS), a leading asset-right transportation and asset-light logistics service provider, announced today an approximately $540 million redeemable preferred stock investment from affiliates of Elliott Management, a private investment firm which is an existing holder of approximately 8.6% of Roadrunner’s common shares. Proceeds […]
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DACHSER to exhibit at transport logistic show
At transport logistic, the industry’s leading exhibition, DACHSER is highlighting its expertise in fulfillment and digital networking. The supplier of logistics services invites industry specialists to visit its booth in Hall B6, Booth 101/202 at the Munich Messe fairground. During the course of the show, DACHSER is showcasing its role as the technological trendsetter in […]
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Hongkong Post to issue “Outdoor Fun” special stamps
Hongkong Post announced today (May 2) the issue of a set of special stamps on the theme “Outdoor Fun”, together with associated philatelic products, on May 16 (Tuesday). Hong Kong is a bustling metropolis well known for its fast-paced city life. Nevertheless, one can easily take a break from the hustle and enjoy all manner […]
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Commerce Initiates an AD/CVD Investigation for Certain Tool Chests and Cabinets
On May 2, 2017 the Department of Commerce (Commerce) issued a Fact Sheet announcing the initiation of an Antidumping and Countervailing duty investigation of Certain Tool Chests and Cabinets from the People’s Republic of China and the Socialist Republic of Vietnam. The Fact Sheet explains that, “The products covered by these investigations are certain metal […]
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