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Sensing Future Opportunities for RFID
Posted: May 24th, 2007, 12:25am by Paul Denneman
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The future vision for RFID technology lies in achieving completely automated sensing networks that can react to external changes in real time. -
EGL determines CEVA offer is a superior proposal
Posted: May 24th, 2007, 12:21am by Paul Denneman
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The Special Committee of EGL’s Board of Directors has received a revised definitive proposal from CEVA Group Plc, a UK public company that is owned by affiliates of Apollo Management, L.P. (the “CEVA group”), increasing the consideration to holders of EGL common stock to $47.50 per share in cash. The definitive proposal includes financing commitments. -
CEVA Logistics increases proposal to acquire EGL for $2 billion in cash
Posted: May 24th, 2007, 12:17am by Paul Denneman
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CEVA Logistics, an Apollo Management VI, L.P. portfolio company, today announced that it has submitted an increased proposal to the Special Committee of the Board of Directors of EGL, Inc. (NASDAQ: EAGL) to acquire EGL for approximately $2 billion, or $47.50 per share, in cash. -
Trends in the Global Freight Forwarding Industry
Posted: May 24th, 2007, 12:15am by Paul Denneman
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The freight forwarding market has been a major beneficiary of an increasingly globalised world economy. The development of extended supply chains, integrating manufacturers, suppliers and retailers on a worldwide basis, has led to significant year-on-year growth in international trade volumes. Freight forwarders revenues - and profits - have surged and this has resulted in structural [...] -
Excellent first-quarter figures crown the career of Panalpina’s retiring Chairman
Posted: May 24th, 2007, 12:13am by Paul Denneman
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Swiss based Panalpina has become the latest forwarder to announce a strong set of figures for the first quarter of 2007, with profits doubling year-on-year. -
Kuehne + Nagel Seeks Rapid Growth in India & China
Posted: May 24th, 2007, 12:04am by Paul Denneman
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Kuehne + Nagel last week outlined its plans to become both a force in contract logistics and freight forwarding in Asia. This will largely focus on what it perceives as the two largest potential markets – China and India.