Tag: logistics company

Why Ryder is investing in logistics companies

AUSTRALIA’S biggest logistics company is buying a logistics company to help its clients sell goods to China.Key points:Ryder is buying Holt logistics for $9.2 billion in a deal that includes a $1.4 billion equity stakeThe deal will provide access to China’s logistics market in Asia and EuropeThe deal is...

Zenith logistics is buying up a Greenbush logistics company for $20 million

Zenith has acquired Greenbush Logistics from its current owners for $25 million, it said in a filing with the Securities and Exchange Commission on Thursday.Zenith will continue to operate its Greenbush-led logistics business in conjunction with its Zenith Global Logistics business.Zeniths parent, New York-based Zenith Group, will continue operations...