Lila Global Acquires VLCC Lila Jamnagar, First Indian‑flagged Vessel Structured via GIFT City
Maritime platform Lila Global announced the acquisition of the 298,997‑DWT VLCC Lila Jamnagar, the first Indian‑flagged vessel structured through the International Financial Services Centre at GIFT City. The vessel will be owned by RFK Shipping IFSC Private Limited and operated by Lila Global, marking a milestone in Indian maritime financing.
NYK Takes Full Control of Saga Welco From Westfal‑Larsen
Japan’s Nippon Yusen Kaisha (NYK) announced it will take full control of Norwegian open‑hatch operator Saga Welco, ending its 12‑year 50:50 joint venture with Westfal‑Larsen. The acquisition terms were not disclosed.
Ridgewood Infrastructure Acquires Majority Stake in Sierra Railroad Company
Ridgewood Infrastructure, a US infrastructure investment firm, announced the acquisition of a majority stake in Sierra Railroad Company, a California rail operator offering freight, switching, storage, and transloading services. The deal expands Ridgewood’s presence in the rail sector and supports...
Otto Candies Ltd. Acquires Four Vessels From Harvey Gulf in $450M Debt‑financed Deal
Otto Candies Ltd. completed the acquisition of four multipurpose support vessels from Harvey Gulf, financed by a $450 million loan from CSG Investments, a unit of Beal Bank. The transaction, announced in a press release, was completed entirely with debt,...
Transworld Shipping Lines Completes Acquisition of Transworld Integrated Logistek and Transworld Logistics
Transworld Shipping Lines Limited completed the acquisition of 100% equity stakes in Transworld Integrated Logistek Private Limited and Transworld Logistics Private Limited, making them wholly owned subsidiaries. The transaction expands Transworld's logistics capabilities and strengthens its position as a comprehensive...
Korean Air to Acquire Remaining 80% Stake in Korean Air C&D Service From Hahn & Company
Korean Air announced it will acquire the remaining 80 percent stake in its inflight catering and duty‑free subsidiary Korean Air C&D Service from Hahn & Company for an estimated KRW 750 billion. The board approved the transaction on March 12, 2026, making Korean Air C&D Service...
Logistec Acquires Logistics Park Dubuque Marine Terminal From Travero
Montreal‑based Logistec has completed the acquisition of Travero’s Logistics Park Dubuque (LPD), a 100‑acre multimodal marine terminal in East Dubuque, Illinois. The terminal provides barge, rail and truck connectivity for bulk and break‑bulk commodities serving agriculture, manufacturing, steel and energy customers. The...
InDrive Acquires Pakistan Quick‑commerce Startup Krave Mart
Global ride‑hailing company inDrive has acquired Pakistan‑based quick‑commerce startup Krave Mart in an all‑stock deal. The acquisition, approved by the Competition Commission of Pakistan, expands inDrive’s grocery delivery services in South Asia. Financial terms were undisclosed.
London Gatwick Issues €750m Sustainability-Linked Bond
London Gatwick Airport issued a second €750 million sustainability-linked bond to fund its decarbonisation and infrastructure projects. The bond supports the airport's £1.9bn capital investment programme and aims to drive sustainability initiatives. The issuance was announced in a March 2026...
Ukrainian Railways to Acquire 1,592 Seized Russian Wagons Worth €43.3 Million
Ukrainian Railways will incorporate 1,592 Russian freight wagons seized during the war into its fleet, valued at €43.3 million. The wagons belonged to Russian firms VEB‑Leasing, JSC State Transport Leasing Company and JSC Nord, now sanctioned.
Serviacero USA Acquires Gulf Inland Logistics Park Rail-Served Site
Serviacero USA, a leading Mexican steel solutions group, announced the purchase of a rail‑served site at Gulf Inland Logistics Park in Texas, marking its first U.S. manufacturing operation. The site offers dual access to BNSF and Union Pacific rail networks...
ONE to Increase Stake in Poseidon to 48.9%, Nearing Control of Seaspan's Parent
Ocean Network Express (ONE) announced it will acquire additional shares in Poseidon Corp., the parent of Seaspan Corporation, raising its ownership to 48.9%. The transaction, pending regulatory approvals, brings ONE close to a controlling stake in the world’s largest containership...
Precious Shipping Secures $49.8M Japanese Lease Financing for Four Bulkers
Thai dry bulk owner Precious Shipping has arranged a Japanese operating lease with call option (JOLCO) transaction to finance four vessels, totaling about $49.8 million. The ships will be sold to special-purpose entities and then bareboat chartered back, providing long‑term...
Life Electric Vehicles Holdings Acquires Rad Power Bikes Out of Bankruptcy
Life Electric Vehicles Holdings has completed the acquisition of Rad Power Bikes, taking the e‑bike maker out of bankruptcy. The new owner plans to shift final assembly to a 100,000‑square‑foot facility in the United States, using imported components for domestic...
Metrans Acquires 50% Stake in AFLUENT Arad South Terminal
Czech intermodal operator Metrans has completed the acquisition of a 50% stake in the AFLUENT Arad South Terminal in Romania, expanding its terminal network in Southeast Europe. The deal strengthens Metrans' strategic presence near the Hungarian border and follows the...
Diana Shipping Strikes Conditional $470.5M Vessel Purchase Deal with Star Bulk
Diana Shipping announced a conditional agreement to acquire 16 vessels from Star Bulk for $470.5 million, contingent on Diana’s successful acquisition of Genco. The deal, valued at $470.5 million, would reduce Diana’s debt load if the Genco takeover proceeds. The...
Jinhui Shipping Sells Ultramax Bulk Carrier Jin Ping to Hongkong Yiming Shipping for $23.46m
Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell its 2014-built ultramax vessel Jin Ping to Hongkong Yiming Shipping for $23.46 million. The deal, announced on March 6, 2026, includes delivery between June 1 and July 15, 2026,...
Mutares Exits €100m Logistics Platform inTime Group to Tawin Holdings
Mutares announced the sale of its inTime Group logistics platform to Tawin Holdings. The transaction includes all subsidiaries, such as Trans-Logo-Tech and Routewise, and is expected to close by the end of March 2026. inTime Group generates around €100m in...
BlackRock’s GIP Acquires Independent Lessor TCR for Undisclosed Amount
BlackRock’s Global Infrastructure Partners (GIP) has completed the acquisition of TCR, an independent lessor, for an undisclosed amount. The deal expands GIP’s presence in the logistics and transportation leasing market. The acquisition was announced on March 6, 2026.
Einride Secures $113M PIPE Financing to Fund $1.35B SPAC Merger with Legato Merger Corp. III
Swedish autonomous trucking firm Einride announced it has secured $113 million in oversubscribed private investment in public equity (PIPE) financing to support its proposed $1.35 billion SPAC merger with Legato Merger Corp. III. The capital raise, announced on March 6 2026, aims to fund the...
Redwood Logistics Acquires Laredo Customs Broker EELCO
Redwood Logistics, a Chicago‑based fourth‑party logistics provider, announced the acquisition of EELCO, a Laredo, Texas customs brokerage and warehousing provider, to strengthen its cross‑border logistics platform. The deal adds licensed customs brokerage services, FTZ warehousing and decades of border expertise...
Lysara Acquires Belfast Transport Infrastructure Asset for £25m
Lysara, a pan‑European transport infrastructure platform, has completed the acquisition of a 10‑acre last‑mile transport asset in Belfast’s Titanic Quarter for £25 million. The site, fully let to Amazon, includes a 91,000 sq ft distribution facility, a 479‑space multistorey parking deck and EV‑charging...
Italian State Railways (FS) to Acquire Rolling‑stock Maker Titagarh Firema
Italian State Railways (FS) announced it will acquire the Caserta‑based rolling‑stock manufacturer Titagarh Firema after the Italian Competition Authority cleared the transaction. The deal aims to secure production of sleeping cars for Trenitalia and unblock delivery of EMUs for regional...
Suzuki Motor to Acquire Kanadevia's Solid-State Battery Business
Suzuki Motor announced it will acquire the solid-state battery business of Japanese engineering firm Kanadevia, aiming to accelerate its electric‑vehicle development. The acquisition is scheduled for July 1, with financial terms undisclosed.
Allegiant Announces Acquisition of Sun Country
Allegiant announced in January its acquisition of Sun Country, moving into the design and integration phase with the transaction expected to close in the second half of 2026. The deal, part of ongoing consolidation in the U.S. value airline sector,...
Ace Doran Acquires NHH Services to Expand Heavy Haul Capacity
Ace Doran, a subsidiary of Bennett Family of Companies, has acquired Indiana‑based NHH Services, adding 50 trucks and expanding its heavy‑haul capacity in the Midwest. The acquisition integrates NHH Services' specialized transportation and project management team into Ace Doran's operations,...
JICA Provides $136.8M Loan to Philippines for Manila MRT-3 Upgrade
Japan International Cooperation Agency (JICA) and the Philippines Department of Finance signed a ¥21.6bn ($136.83m) loan agreement on March 3 to fund upgrades of Manila’s MRT‑3 line, including power supply, bogie frames, ballast replacement, station renovations and depot equipment. The...
Hapag-Lloyd Signs Acquisition of Zim, Pending Regulatory Approval
Hapag-Lloyd announced it has signed an agreement to acquire Zim, subject to competition clearance and Israeli government consent, with a target closing by the end of 2026. The deal aims to add Zim’s modern LNG‑powered fleet to Hapag‑Lloyd’s Gemini network,...
FSH Aviation Acquires Citation Sovereign+ Jet From IFM Traviation
German charter operator FSH Aviation has completed the acquisition of a Citation Sovereign+ aircraft from IFM Traviation, adding the 2018-built jet to its fleet. The aircraft, registered as D‑CFSH, entered service on 2 March, expanding FSH Aviation’s charter capabilities.
WFS Completes Acquisition of Aviapartner’s Brussels Cargo Operation
Worldwide Flight Services (WFS) has completed its acquisition of Aviapartner Cargo’s Brussels Airport operations, gaining a 33,000 sq m cargo terminal and freighter ramp handling capabilities. The deal, which received full regulatory approval, adds over 200 Aviapartner employees to WFS and expands...
JustPark Acquires BigParking to Boost Event Parking Offering
JustPark announced it has acquired BigParking, adding over 120 event locations and tens of thousands of parking spaces near major UK stadiums. The acquisition expands JustPark's EventPass platform, enabling fans to pre-book parking for live events and strengthening partnerships with...
Navigator Holdings Secures $133.7M Loan for Newbuild Ethylene Gas Carriers
Navigator Holdings, a New York‑listed handysize LPG carrier specialist, has secured a $133.7 million loan from ABN AMRO Bank, Crédit Agricole Corporate & Investment Bank and Nordea Bank to finance two liquefied ethylene gas carriers under construction at Jiangnan Shipyard. The facility...
VOC Port Secures ₹15,000 Cr Funding for Outer Harbour Project
VO Chidambaranar Port (VOC Port) announced a ₹15,000 crore investment in its Outer Harbour project to boost cargo‑handling capacity. The port has signed a tripartite agreement with Indian Railway Finance Corporation and Sagarmala Finance Corporation to secure the required funding. The...
McQuilling Acquires Medco Shipbrokers
New York-based tanker broker McQuilling announced the acquisition of Madrid-based Medco Shipbrokers, expanding its market presence in the shipbroking sector. The deal, valued at an undisclosed sum, aims to broaden service capabilities and strengthen client offerings across freight segments.
Kuehne+Nagel Acquires LSL-Lohmöller’s Road Logistics Business in Germany
Swiss logistics giant Kuehne+Nagel announced the acquisition of the road logistics activities of Germany’s family‑run LSL-Lohmöller Spedition und Logistik GmbH. The deal adds LSL‑Lohmöller’s groupage, LTL and FTL operations, 142 specialists and about 50 trucks to Kuehne+Nagel’s German network, strengthening...
Uber Injects Rs 3,000 Crore Into Indian Subsidiary to Counter Rapido
Uber has infused nearly Rs 3,000 crore into its Indian subsidiary Uber India Systems Pvt Ltd, issuing 14.4 million equity shares to raise Rs 2,921 crore. The capital, provided by parent Uber B.V. in two tranches, aims to bolster Uber’s position in India’s ride‑hailing market...
Danaos Corporation Completes €500M Seven-Year Unsecured Bond Offering
Danaos Corporation (DAC) announced the completion of a €500 million seven‑year unsecured bond offering with a 6.875% coupon, diversifying its capital structure. The bond was disclosed during the company's Q4 2025 earnings call, highlighting its access to international debt markets.
cargo.one Acquires Ocean Rate Platform Cargofive
cargo.one completed the acquisition of ocean rate platform Cargofive on February 25, 2026, expanding its multimodal rate infrastructure to include ocean freight data from top carriers. The deal creates the industry's most comprehensive rate database, enabling freight forwarders to automate...