On 20 August, Relocation Management Company Sirva Worldwide, Inc announced that it has completed a transaction with the support of its lenders and equity sponsors, Madison Dearborn Partners and Relo Group. The company said that this transaction strengthens the company’s balance sheet and provides it new liquidity, supporting its continued growth and innovation and enabling further investment in its technology, …
Shipping from China to America and Europe at record levels
Ocean container shipping demand from China to North America and North Europe continued to break records in June (the most recent month’s figures available) as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea. The latest data shows 800,000 TEU (20ft equivalent container) were shipped from China to North Europe in June, …
Stephan Strauss becomes the new CEO of EUROMOVERS Worldwide Alliance
The EUROMOVERS Worldwide Alliance has announced that Stephan Strauss has succeeded Holger Thomas Juchum as Chairman of the Executive Board with effect from 1 September 2024. Holger Thomas Juchum, successfully led the Alliance for over 20 years and contributed significantly to the further development of the organisation. Stephan has extensive experience in the international logistics industry and has held management …
Parmenter promoted at Atlas
Atlas Van Lines in the USA has promoted Ryan Parmenter to the position of chief information officer. In his new role, Parmenter will oversee the Information Technology functions for Atlas® World Group and its 10 subsidiaries, including technology capabilities, resources, and assets. In a press statement the company said the Ryan’s primary focus will be on establishing the technology vision and roadmap …