#asset-sale
(7 articles)DB Cargo UK Put Up for Sale in Major Rail Restructuring
Deutsche Bahn has initiated a major restructuring by placing DB Cargo UK on the market for sale, signaling significant changes in UK rail freight operations. This strategic divestment reflects broader
International Motors Exits Ohio, 1,341 Jobs Lost to Roshel Sale
International Motors is divesting its Springfield, Ohio manufacturing complex, a facility spanning over 2 million square feet, to Canadian defense and commercial vehicle manufacturer Roshel. The trans
Adani Divests Capesize Arm for $37.5M in Fleet Restructuring
Adani has completed the divestment of its capesize vessel arm through a $37.5 million transaction, marking a strategic portfolio adjustment in its shipping operations. The sale represents a deliberate
Kuehne+Nagel May Divest Apex Logistics Stake in Strategic Shift
Kuehne+Nagel, one of the world's largest freight forwarders and logistics providers, is reportedly evaluating options to divest its stake in its Apex Logistics unit. This move reflects a broader trend
Russian Steel Magnate Divests Azov Shipping Firm Amid Geopolitical Pressure
A prominent Russian steel magnate has divested ownership of a shipping firm that operates in the Sea of Azov, marking another asset liquidation tied to geopolitical tensions affecting Russian industri
FedEx Divests Supply Chain Unit in $1.4B Deal
FedEx has completed the sale of its dedicated supply chain services unit for $1.4 billion, marking a significant portfolio restructuring within the broader logistics industry. This divestiture reflect
FedEx Sells $1.4B Contract Logistics Unit to CMA CGM
FedEx has divested its contract logistics unit to ocean freight giant CMA CGM in a $1.4 billion transaction, marking a significant reshuffling of the third-party logistics (3PL) landscape. This strate