Union Pacific Intermodal Terminal to provide intermodal service to Minneapolis

(adsbygoogle = window.adsbygoogle || []).push({}); US-based transport company Union Pacific is set to launch intermodal service to Minneapolis in January 2021 by opening the Union Pacific Twin Cities Intermodal Terminal. According to Union Pacific, the new service will enable domestic intermodal service between the Twin Cities and Los More...

by businessnewstoday | Published 3 days ago
By Soujanya Ravi On Saturday, November 14th, 2020

TRATON to take full ownership of US truck manufacturer Navistar for $3.7bn

TRATON acquisition of Navistar : TRATON, a subsidiary of German automotive giant Volkswagen Group, has agreed to take full ownership of US truck manufacturer Navistar International in a $3.7 billion all-cash deal. Presently, More...

By businessnewstoday On Monday, October 26th, 2020

LubeZone acquires mobile truck services provider All Star Truck Repair

LubeZone, a US truck service company, has acquired All Star Truck Repair, based in Houston, Texas, for an undisclosed price. According to LubeZone, the acquisition will help in bolstering its footprint in the Houston More...

By Soujanya Ravi On Friday, October 23rd, 2020

University of Liverpool, A2E launch Robotiz3d for automating road maintenance

Robotiz3d, a new spin out company from the University of Liverpool has been jointly created alongside A2E for advancing a new technology that can potentially address road maintenance issues. Based at the Sci-Tech More...

By Soujanya Ravi On Wednesday, October 21st, 2020

PIMCO, GECAS join forces to develop $3bn aviation leasing platform

PIMCO, a US-based investment management company, and commercial aviation financing and leasing company GE Capital Aviation Services (GECAS) are partnering to develop an aviation leasing platform to support up to More...

By businessnewstoday On Wednesday, October 14th, 2020

Siemens Mobility to supply light rail vehicles for Düsseldorf and Duisburg

Siemens Mobility has bagged a joint order worth around €400 million from Düsseldorfer Rheinbahn (Düsseldorf) and Duisburger Verkehrsgesellschaft (Duisburg) in Germany for 109 Avenio HF high-floor light rail More...

By businessnewstoday On Monday, October 12th, 2020

Broadtree acquires aerospace parts manufacturer Seanair Machine

Broadtree Partners, a lower-middle market private equity firm, has acquired Seanair Machine, a US-based manufacturer of OEM precision machined parts for the aerospace sector, for an undisclosed price. Established More...

By businessnewstoday On Saturday, October 10th, 2020

Hydrogen vehicle company HYZON Motors secures investment from Total

US-based hydrogen vehicle company HYZON Motors has secured an undisclosed investment from French energy giant Total and other specialist hydrogen investors in a new funding round. HYZON Motors is a supplier of hydrogen More...

By Soujanya Ravi On Friday, October 9th, 2020

Malolos–Clark Railway Project : Three more contracts signed for Filipino project

Construction on the Malolos–Clark Railway Project (MCRP) in the Philippines is all set to begin following the awarding of three civil works contracts with a combined price of over $1.7 billion by the Philippines’ More...

By businessnewstoday On Tuesday, October 6th, 2020

Avantus Aerospace acquires California-based fasteners manufacturer CalScrew

Avantus Aerospace, a provider of C-Class and composite parts for the aerospace and defense industry, has acquired California Screw Products (CalScrew) based in Paramount, California. The financial terms of the deal More...