Insights - September 2015 - (Page 32)

IN BRIEF UPS Inc. has agreed to acquire Coyote Logistics, a Chicago-based third-party logistics provider and truckload freight brokerage firm, from New York-based private equity firm Warburg Pincus LLC for $1.8 billion. Also, UPS Inc. unit UPS Capital is continuing its growth with acquisition of the Insured Parcel Services business of Crawley, United Kingdom-based G4S International Logistics, in a deal for which financial specifics were not disclosed. In addition, UPS Worldwide Express Freight is expanding its service network in Central America and Eastern Europe. Respective boards of Westport, Conn.-based Terex Corp. and Hyvinkaa, Finland-based Konecranes Plc have unanimously approved a definitive business com- bination agreement via an "all-stock merger of equals" in the lifting and materials handling business. Roadrunner Transportation Systems Inc., parent of Roadrunner Intermodal Services, has acquired El Paso, Texas-based cross-border logistics firm Stagecoach Cartage and Distribution for $35 million plus an earn-out capped at $5 million. Dunavant Logistics Group LLC has added a drayage terminal and warehouse in the Memphis, Tenn., suburb of Olive Branch, Miss., as well as a 185,000-square-foot warehouse in the Houston suburb of Pasadena, Texas. CenterPoint Properties has acquired two Houston buildings, totaling more than 240,000 square feet on 11 acres, proximate to facilities of Union Pacific Railroad and Port of Houston Authority. In addition, CenterPoint has welcomed a transload operation of The DeLong Co. to a 25-acre site at CenterPoint Intermodal Center in Joliet, Ill., where CenterPoint also is beginning 60 acres of new development for a crossload facility for Saddle Creek Logistics Services. And CenterPoint has acquired a 305,423-square-foot facility in Hanahan, S.C., near CSX Corp. and Norfolk Southern Corp. intermodal yards and South Carolina Ports Authority facilities. Maersk Line and 2M alliance partner Mediterranean Shipping Co. have gained U.S. federal go-ahead to expand U.S. links to Russia, Saudi Arabia and Israel. Broward County, Fla.'s Port Everglades is now welcoming first and last calls of the North American SAVES TIME AND GREEN. How will you spend it? Swing by booth 814 to learn more or visit www.rez1.com 32 Intermodal Insights | September 2015 http://www.rez1.com http://www.rez1.com

Table of Contents for the Digital Edition of Insights - September 2015

Fed Update
Highway Funding Extended Again
HOS Report Spurs Divergent View
IANA Adds a new Senior Vice President
Board Nominations Deadline is Sept. 8
Port Everglades, FECR Look to Showcase ICTF
Exclusive Report: Intermodal Growth Hinges on Services, Analysts Say in EXPO Session Preview
Get Social and Connect at Intermodal EXPO
Several Trends Emerge Under Scrutiny of Intermodal Industry's Success
Freight Report
Port News
People in the News
In Brief
2015 Sponsors
New Members
Industry Calendar

Insights - September 2015