Abrao Shipping Company

Transportation

businesswire | August 03, 2023

Luminus Management LLC today announced that effective June 21, 2023, it has closed its acquisition of Jaguar Transportation Inc. (“JTI”), the Holding Company of Servicios de Transportacion Jaguar SA de CV (“STJ”) and its affiliates (collectively, “Jaguar”) in an all-cash stock purchase transaction. The transaction was completed in partnership with Lilium Group LLC (“Lilium”), a private equity firm focused on transportation and indu...

Supply Chain

Blastr | October 18, 2022

Cargill's metals business and Blastr Green Steel AS ("Blastr"), a developer of decarbonized steel supply, have agreed to work together to supply steel made without use of fossil fuels in the Nordic region to meet growing global demand for green steel. Both companies share an ambition to drive significant reductions of carbon emissions in the steel industry.Under the Memorandum of Understanding ("MoU"), Blaster and Cargill Metals plan to combine the skills of both companie...

Software and Technology

GXO Logistics, Inc | December 19, 2022

GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that it is deploying the BD RowaTM Vmax technology solution in partnership with manufacturer BD (Becton, Dickinson and Company) (NYSE: BDX), providing value-added services, including a fully automated reverse logistics system, for a major telecommunications provider. “We’re excited to partner with BD Rowa to bring its state-of-the-art automati...

Transportation

FedEx | October 11, 2023

FedEx and Pyxera Global implement a circular logistics model to give new life to donated electronic devices, promoting environmental responsibility and social impact. Repairable devices are now directed to Electronics Recycling Solutions (ERS), a R2v3-certified Nashville-based social enterprise that trains adults with developmental disabilities in valuable repair skills. Read More