FM Logistic sets up operations in Brazil with purchase of McLane subsidiary

default_image

© Khunaspix Dreamstime.

By LoadstarEditorial

03/07/2013

FM Logistic and McLane have announced that they have come to an agreement relating to the purchase of the logistics subsidiary of McLane in Brazil. That buyout is a new stage in the external growth strategy of FM Logistic, coming just one month after the acquisition of Univeg Logistics Russia.

Read more...

Comment on this article

You must be logged in to post a comment.

Topics

Most read news

US port strike called off as ILA and USMX reach 'tentative' agreement

$7bn infrastructure project heads list of expansion plans for India's busy ports

Alliance reshuffle will increase box ship shortage as carriers hunt 'buffers'

Three new services and a transpacific focus for Ocean Alliance in 2025

Evergreen staff bonuses soar again, as carrier profits triple

Shipping Australia calls for end to 'disruptive' port strikes

Launch of new tariffs 'a speeding train', be ready, US importers warned

Ripples from 2025 CNY 'may still be rocking the boats in summer'

Global revenues soar, but loss of steam for OOCL's Asia-Europe trade

'Military asset' listing sees Cosco and CCA barred from Pentagon contracts

DSV-Schenker goes lone wolf – the pack hunts for bolt-ons

Cosco to play a major role in China's container hub ambitions for Yangpu Port

Air cargo sees flurry of new routes between Europe and Asia

USEC dispute end comes too late to stop transpacific spot rate climb

Scant room for sustainable growth in aviation, says watchdog T&E

Maersk eyes growing India-US trade and adds Mundra call to MECL1