News / CH Robinson continues consolidation plans with $226m APC Logistics buy in Australia

first_img CH Robinson has stuck to its pledge to grow via acquisition, having agreed to buy Australia’s APC Logistics for A$300m ($226m).APC is Australia’s largest independent forwarder, with a 10% market share, and has been CH Robinson’s agent since 2000 on US-Australasian business.The Melbourne-headquartered company earned revenues of some $251m in the past fiscal year, and has seven offices in Australia and two in New Zealand.The acquisition is expected to be accretive in 2016 and 2017 and will be financed through cash and funds drawn from an existing revolving credit facility. After the deal closes, CH Robinson will integrate APC into its global forwarding division, and single global technology platform, Navisphere. It hopes to gain new volumes from Europe and Asia into Australia, and expects to win new e-commerce business with the deal.“APC Logistics is a high quality company with a proven track record of success,” said Mike Short, president of CH Robinson’s global forwarding division.“Combining their expertise and strong customer and carrier relationships with CH Robinson’s service offerings and network will create more robust capabilities for our customers and add scale to our business.”The US forwarder has had its eye on acquisition targets, hoping to boost its global network. As it released its first quarter results in April, chief executive John Wiehoff said it was “aggressively” looking at M&A opportunities – and at expanding through agents.“While we’re proud of our global footprint … we also acknowledge that it’s a significant growth opportunity for us to expand.“We have plans to open offices in Europe and Asia that will expand our geographic footprint. There are other parts of the world, where we don’t have a presence and work through agents, that we think we can continue to grow, as well as optimising.”CH Robinson’s most recent acquisition was online trucking marketplace Freightquote.com, which it bought for $365m.The forwarder has said that it will only consider companies which are a good cultural fit. CFO Andrew Clarke said in April: “The areas in which we look to continue to invest in are where we think combining companies and cultures makes sense – global forwarding, Europe and managed services all present interesting opportunities.“The filters we use to evaluate deals are pretty rigorous and, as a result, we end up passing on a pretty high percentage.”CH Robinson reported $3.3bn in gross revenues in the second quarter, missing estimates by about $130m. By Alex Lennane 01/09/2016last_img read more

Lawmakers eye the Bar’s role in merit selection

first_imgLawmakers eye the Bar’s role in merit selection November 15, 2011 Gary Blankenship Senior Editor Regular News Lawmakers eye the Bar’s role in merit selection Senior EditorThere’s likely to be a legislative attempt next year to remove The Florida Bar from its participation in nominating members for judicial nominating commissions. But the Bar does not anticipate a broad attack on the court system, which occurred in the last session, including an effort to put the Legislature in charge of court procedural rules and to revamp and expand the Supreme Court.In a brief report at the Board of Governor’s October 21 meeting, Legislation Committee Co-chair Ray Abadin updated board members on expectations for the 2012 legislative session, which begins in January this year to accommodate reapportionment.The committee met with Bar legislative consultants, and “they don’t anticipate any court reform issues coming before the Legislature this year,” Abadin said.However, “There does appear to be a legislative push to revamp the JNC process and that’s going to include a push to get the Bar out of the JNC process,” he said. “We don’t know what that push is going to be yet and who is going to make it.”Currently, the governor directly appoints five of the nine members of each of the 26 judicial nominating commissions. The Bar nominates slates of three candidates for each of the other four seats. JNC terms are staggered.The current system was passed 10 years ago by a Republican Legislature that wanted to give more judicial appointment authority to then-Gov. Jeb Bush. The prior system had been set up under former Gov. Reuben Askew almost 40 years ago as an attempt to reduce the politics in the judicial appointment process. That system had the governor appointing three members to each JNC, the Bar appointing three members, and those six members selecting three public members.Last year, a bill passed the House, which completely removed the Bar from the JNC appointment process, allowing the governor to appoint all nine members. It also ended staggered terms for JNC members. Supporters argued that the Bar was not accountable to the public and that allowing the governor to pick all JNC members would enable voters to hold him accountable for his judicial appointments. That bill died in the Senate.The JNC measure was one of several court-related measures to pass the House but die in the Senate. Other court-related measures included a constitutional amendment to split the Supreme Court into civil and criminal divisions and increase the number of justices from seven to 10. The measure would have also increased the court’s discretionary jurisdiction.Another bill would have made it easier for the Legislature to repeal a court procedural rule; an earlier version of that legislation put the Legislature in charge of procedural rules with the Supreme Court in an advisory role.Bar President Scott Hawkins told the board that he and President-elect Gwynne Young are preparing for the upcoming session. He said he and Young attended a “summit” that included the Bar’s legislative consultants, consultants hired by sections, and section chairs and chairs-elect and focused on legislative issues and strategies.“We’re trying to think ahead,” he said.last_img read more

Deep Down nets Shell order

first_imgDeep Down, an oilfield services company, has received an order from the oil and gas company Shell for an umbilical and distribution system to support a production platform mooring line control system. Deep Down did not specify which production platform would be supplied under the contract.In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations.The oilfield services company added that due to increasing safety standards for wave zone equipment, the system would be designed to survive extreme wave loading conditions and extended design life.Ron Smith, Chief Executive Officer of Deep Down, briefly commented: “This order represents another milestone in the relationship between Shell and Deep Down.”last_img read more

Tunisian parliament signs anti-corruption strategy charter

first_img3rd anti-corruption congress opens in Tunisia Map of Tunisia.The Tunisian parliament on Friday signed the national anti-corruption and good governance strategy charter, reported the Tunis Afrique Presse (TAP) news agency.A joint media point was organized at the parliament on the occasion, attended by President of the National Anti-Corruption Authority (INLUCC) Chawki Tabib and the Parliament Speaker Rached Ghannouchi.Tabib called for hastening the election of INLUCC board members in accordance with Article 130 of the Tunisian Constitution.“The involvement of politicians in the fight against corruption cannot be reinforced without cooperation between parliament and government in this national strategy,” said Tabib.The INLUCC president asserted that 70 percent of the problems facing the north African country were related to lack of governance and spread of corruption beyond institutions’ ability.Related Mozambique hunts anti-corruption T-shirtscenter_img International Anti-Corruption Day 9 Decemberlast_img read more

Patterson gets the start at point guard for LSU

first_imgBATON ROUGE – One half of the promising Montverde, Florida, connection for LSU will be on display when the Tigers play at Alabama-Birmingham at 8 p.m. Thursday on the CBS Sports Network.Freshman point guard Jalyn Patterson, who was part of the Montverde Academy team that won back-to-back national prep championships in 2013 and 2014, is expected to start, as junior point guard Josh Gray has an ankle injury. Gray is averaging 11.1 points and 4.6 assists a game for the 7-2 Tigers and hit the game-winning layup to beat No. 16 West Virginia, 74-73, with 7.4 seconds to go on Dec. 4. Gray injured his ankle in the Tigers’ 76-67 win over Sam Houston State on Saturday.Sophomore shooting guard Tim Quarterman, who scored a career-high 21 at West Virginia and is averaging 11.8 points and 5.3 rebounds, is also “banged up,” according to coach Johnny Jones.Patterson is averaging only 2.2 points a game in nine games this season and 13.6 minutes an outing as he has been slowed by a minor injury himself. But Jones is ready to start him if need be.“He’s a good ball handler, a good passer and doesn’t take a lot of chances,” Jones said. “He’s a very capable scorer. He’s been in that position before. He just hasn’t been at this level for any stretches of time. But we’re very confident in him in the role that he may have to play. The only difference is the number of minutes he can play. It’s going to depend on how long he can go.”Patterson averaged 12.1 points and 4.1 assists for Montverde last season and led the team in 3-point field goal percentage at 48.9. Many of his assists were to 6-foot-8 forward Ben Simmons, an LSU early signee last November who is considered the No. 1 player in the nation.“Whatever the coaches need me to do,” Patterson said before the season in an interview with NOLA.com. “I just do what a point guard does. I help my teammates and find ways they can score the ball. All my career, I’ve been a player like that.”UAB (4-6) is coming off a 79-71 win over UNC-Asheville. The Tigers are making their final road trip before opening Southeastern Conference play on Jan. 8 at Missouri. LSU hosts Charleston on Dec. 22, followed by Southern Mississippi on Dec. 29 and Savannah State on Jan. 3.“It will certainly be a great challenge for us at UAB,” Jones said. “It’s going to give us an opportunity to go on the road to see if we can continue to improve. We may be a little hampered because of injuries, and it may cause us to shuffle our lineup. We have had adversity, and our kids have done an excellent job of filling that void and being able to fight through it. We are going to be presented with that same type of challenge on Thursday night.”last_img read more

SJ Breeding: Irish Sport Horse Penelope Cruz second in Fidelity Investments Classic

first_imgGorla Minore (ITA) CSI2*26th to 30th September 2018€1,590 1m35 Table A1st Annaley Courage (ISH) – 2004 gelding by Courage II (HOLST) out of Annaley Park (ISH), by White Clover (ISH). Breeder: Gearoid Mulligan, Co. Longford. Owner: Stefano Margheriti. Rider: Domenico Carlino (ITA)€2,240 1m35 Two Phases1st Annaley Courage (ISH) – 2004 gelding by Courage II (HOLST) out of Annaley Park (ISH), by White Clover (ISH). Breeder: Gearoid Mulligan, Co. Longford. Owner: Stefano Margheriti. Rider: Domenico Carlino (ITA)€5,100 1m40 Table A5th Brugha (ISH) – 2010 gelding by Lux Z (HANN) out of Aprhill (ISH), by Clover Hill (ID). Breeder:  Patricia Grimes, Co. Offaly. Owner: Trevor Breen. Rider: Marianne Schindele (AUT) For queries relating to the Irish-bred International Showjumping results please contact Michael Doherty [email protected] CSI1* Grand Prix classes and upwards are currently included in the weekly results. Tags: Bonheiden (BEL) CSI2*27th to 30th September 2018€24,800 Grand Prix – 1m45 Table A4th Mullaghdrin Touch The Stars (ISH) – 2005 stallion by Touchdown (ISH) out of Irco Rain (ISH), by Irco Mena (SWB). Breeder: Dr Noel Cawley, Co. Kildare. Owners: Jessie Drea & Lynne Humphries. Rider: Jessie Drea (GBR) Home  »  General  »  SJ Breeding: Irish Sport Horse Penelope Cruz second in Fidelity Investments Classic Vilamoura (POR) CSI3*26th to 30th September 2018€2,045 1m35 Table A5th HHS Fortune (ISH) – 2011 mare by Catoki (HOLST) out of HHS Daisy (ISH), by ARD VDL Douglas (KWPN). Breeder/Owner: Marion Hughes, Co. Kilkenny. Rider: Marion Hughes (IRL)€1,570 1m30 Two Phases1st Olivers Diamond (ISH) – 2009 gelding by Luidam (KWPN) out of Southpark Diamond (ISH), by Diamond Lad (ID). Breeder/Owner: Michael V Connaughton, Abroad. Rider:  James Smith (GBR)€2,000 1m35 Two Phases4th HHS California (ISH) – 2010 gelding by Heritage Fotunus (HANN) out of A Touch of Grey (ISH). Breeder/Owner: Marion Hughes, Co. Kilkenny. Rider: Marion Hughes (IRL) Barbizon (FRA) CSI2*28th to 30th September 2018€5,100 1m40 Table A8th Corbeagh Luxor (ISH) – 2005 gelding by Lux Z (HANN) out of Corbeagh Vella (ISH), by Ballinvella (TB). Breeder: Barbara McGreal, Co. Longford. Owner: Amanda Ratcliffe. Rider: Sally Goding (GBR) Ireland’s Capt. Brian Cournane and the Ten Year Old Irish Sport Horse mare Penelope Cruz (Ustinov x Peter Pan) placed second in the 1m50 Fidelity Investments Classic at North Salem CSI4*-W.See below for a full list of Irish-bred International Showjumping results:New York – North Salem NY (USA) CSI4*-W 25th to 30th September 2018$80,000 1m55 Table A10th Dougie Douglas (ISH) – 2005 gelding by Ard VDL Douglas (KWPN) out of Neills Girl (ISH), by High Roller (ISH). Breeder: John O’Brien, Co. Limerick. Owner: Grant Road Partners LLC. Rider: Katherine A. Dinan (USA)$70,375 1m50 Table A2nd Penelope Cruz (ISH) – 2008 mare by Ustinov (KWPN) out of Tendelin (KWPN), by Peter Pan (OLD). Breeder: Liam McKee, Co. Down. Owner/Rider: Capt. Brian Cournane (IRL) Canteleu (FRA) CSI3*27th to 30th September 2018€25,200 1m50 Table A3rd Hallowberry Cruz (ISH)(TIH) – 2006 stallion by Cruising (ISH) out of Calcutta Clover (ISH), by Clover Hill (ID). Breeder/Owner: Caroline Byrne, Co. Wicklow. Rider: Capt. Geoff Curran (IRL)7th A Touch Imperious (ISH) – 2004 gelding by Touchdown (ISH) out of Cavimperius (ISH), by Cavalier Royale (HOLST). Breeder: Leo Rice, Co. Monaghan. Owner: Mr Rupert Nuttall. Rider: Harriet Nuttall (GBR)€25,400 1m45 Table A2nd Ardcolum Duke (ISH)(TIH) – 2004 stallion by Gypsy Duke (ISH) out of Dangerous Lady (ISH), by Clover Hill (ID). Breeder/Owner: Joe Flynn, Co. Roscommon. Rider: Billy Twomey (IRL) 3 October 2018, 15:19 SJ Breeding: Irish Sport Horse Penelope Cruz second in Fidelity Investments Classic last_img read more

50 Cent signs new overall deal at Starz; Kevin Hart inks first-look deal at Nickelodeon

first_imgStarz(LOS ANGELES) — 50 Cent has locked in a new deal with his Power network Starz.Starz announced on Thursday that it has signed the rapper and media mogul to a new, four-year, exclusive overall deal. Under the deal, Jackson who is both the co-creator and executive producer of the hit series Power, will continue to develop new scripted and unscripted projects exclusively for the network through his G-Unit production company. The new deal also offers a three-series commitment and input into the merchandising and licensing of G-Unit developed brands and content.  According to Variety, Fif’s new deal is worth $150 million.In addition to Power, 50 currently has two active projects in development at Starz: Black Mafia Family and the Navy SEAL drama Vanguard.Meanwhile, Kevin Hart has also signed a major deal of his own.Nickelodeon has announced they have entered into an exclusive first-look deal with Hart and his production company, HartBeat Productions. Under the deal, the comedian will develop and produce live-action, scripted kids’ content for the network.“For me, Nick has always represented everything fun about being a kid, and it’s still at the forefront today of kids’ and family entertainment,” Hart said in a statement.“I’ve been slimed at Kids’ Choice, won a lot of Orange Blimps and my kids are my very own built-in focus group,” he added. “So I’m ready to dive in and make some next-level shows.”Copyright © 2018, ABC Radio. All rights reserved.last_img read more

MLB free agency: Nationals have ‘made attempts to re-sign’ star Bryce Harper

first_img MLB free agency rumors: White Sox interested in both Manny Machado, Bryce Harper The Nationals are still hoping to re-sign Bryce Harper.The 26-year-old outfielder, who has spent his entire career with Washington, became a free agent after the season. Nationals general manager Mike Rizzo told reporters Tuesday the team has already “made attempts to re-sign” its star. MLB free agency rumors: Cardinals plan to ‘explore’ market for star Bryce Harper “He’s our guy,” Rizzo said (via MLB.com). “So we’re looking forward to seeing what can transpire.”The Nationals made an “aggressive offer” to Harper on the last day of the 2018 season, according to a report from the Washington Post, which cites unidentified team sources. Harper, however, rejected the proposal, the report says. Related Newscenter_img “We took advantage of our exclusivity late in the season (to negotiate with Harper),” Rizzo told the Post. “(But we) couldn’t reach a deal.” Harper slashed .249/.393/.496 with 34 home runs and 100 RBIs in 159 games with the Nationals in 2018. He is a six-time All-Star and won the MVP award in 2015.The Cardinals and White Sox, among others, have also reportedly expressed interest in Harper so far this offseason.last_img read more