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Unique Logistics Adds 52 New Cargo Charter Flights from Asia to the United States

Unique Logistics Adds 52 New Cargo Charter Flights from Asia to the United States News provided by Share this article Share this article NEW YORK, May 6, 2021 /PRNewswire/  Unique Logistics International, Inc. (OTCMKTS: UNQL) ( Unique or the Company ), a global logistics and freight forwarding company, is proud to announce that it has entered into an agreement with Korean Air to add an additional 52 cargo charter flights for the period of August 1, 2021 through December 31, 2021. These additional flights will be from Vietnam to the United States and are anticipated to create additional air cargo capacity for the Company s customer base. Since its inception, May 27, 2020, UNQL successfully and rapidly expanded its market share in the freight forwarding business in Asia. This is in line with our strategic priorities and goals, said Sunandan Ray, Chief Executive Officer, We are going to make a concerted effort to continuously expand our foothold within Asia to better serve o

Imperial sells South American shipping business

May 4, 2021 The board of Imperial is pleased to announce that it has entered into an agreement for the sale of its South American shipping business to Hidrovias do Brasil, an independent integrated logistics provider focused on waterways logistics services in Latin America. The closing date of the transaction, 16 April 2021, comes after the successful conclusion of the sale of its European shipping operations in July 2020, with the assistance of BNP Paribas, which was mandated as the M&A advisor for both deals. The agreed maximum enterprise value for the interest in the South American Operations is $90-million (approximately R1 305-million) which equates to a multiple of 9.6X FY2020 reported EBITDA. The enterprise value includes an earn-out component of up to $5-million (approximately R73-million), which is payable dependent on water levels over the four-year period, commencing on 1 January 2021.

Dr Matthias Jurytko takes over the CEO position of cellcentric

Dr. Matthias Jurytko takes over the CEO position of cellcentric st, 2021 - As current site manager of the Mercedes-Benz plant in Wörth and former site manager of the Mercedes-Benz plant in Gaggenau, Dr. Matthias Jurytko has extensive expertise in the truck business and many years of management experience KIRCHHEIM UNTER TECK, Germany, April 30, 2021 /PRNewswire/ Personnel changes at cellcentric, the 50:50 fuel cell joint venture between Daimler Truck AG and the Volvo Group: Dr. Matthias Jurytko will take over as Managing Director and CEO of cellcentric on June 1 st, 2021. In this role, he succeeds Dr. Andreas Gorbach, who will leave the company on April 30, 2021. Gorbach will continue to support the company in the future as a member of cellcentric s advisory board.

Staff Appointments and Departures Related to the Freight and Logistics Sectors - Latest industry shipping news from the Handy Shipping Guide

Staff Appointments and Departures Related to the Freight and Logistics Sectors Who Is Going Where in Shipping and Beyond WORLDWIDE – GERMANY – In preparation for its spin-off from Daimler AG and its independent listing on the Frankfurt stock exchange planned for late 2021, Daimler Truck AG is announcing the composition of its new Board of Management and a series of significant management and organisational changes, set to take place as of July 1. Daimler Truck AG is bringing together all essential technology and powertrain activities into one division, the Truck Technology Group (TT). This will be headed by Dr. Andreas Gorbach. Gorbach is currently CEO of the fuel cell joint venture cellcentric with Volvo Group.

Unique Logistics International, Inc Appoints Chief Financial Officer

Press release content from PR Newswire. The AP news staff was not involved in its creation. Unique Logistics International, Inc. Appoints Chief Financial Officer April 26, 2021 GMT Unique Logo (PRNewsfoto/Unique Logistics International, Inc.) NEW YORK, April 26, 2021 /PRNewswire/ Unique Logistics International, Inc. (UNQL) (the “Company”), a global logistics and freight forwarding company, is pleased to announce that Eli Kay has been named as Chief Financial Officer, effective immediately. An experienced financial manager, Mr. Kay joined the Company in February and brings more than 25 years of both domestic and international talent including accounting, corporate finance, auditing and M&A. He is responsible for all aspects of financial management including required SEC reporting and compliance. His strong leadership will assist in achieving the Company’s goals, including growth through acquisition targets.

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