XPO Logistics has announced it has entered into agreements with a group of global investors to raise a total of $1.26 billion of equity.
Kintetsu World Express has completed its agreement with with Neptune Orient Lines to purchase all its remaining shares for APL Logistics.
Sales of forklift trucks are set to beat the highest levels recorded before the onset of the financial crisis in 2007.
AO has announced that it will be rebranding some of the vehicles in its third party logistics fleet as part of an effort to promote its offerings on the road.