Finance

A&R acquires RJ’s to scale liquid services along Gulf Coast

In 2020, A&R Logistics acquired First Choice Logistics and L.T. Harnett in an effort to scale its liquid chemical supply chain services. 

Continuing that strategy, the Woodlands, Texas-based logistics company recently announced it had purchased liquid bulk services provider RJ’s Transportation for an undisclosed amount.

“Creating a liquid logistics service line of scale was a critical element of A&R’s value creation plan,” said Konrad Salaber, managing director at Wind Point Partners, an equity...

https://www.freightwaves.com/news/ar-acquires-rjs-to-scale-liquid-services-along-gulf-coast

GLOBAL & REGIONAL DAILY (Monday, 2 August 2021)

GLOBAL & REGIONAL DAILY (Monday, 2 August 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

August 2  2021

Global Markets

Futures point to a positive open in Wall Street later today on optimism that the long-awaited infrastructure bill could be approved by Congress this week, while the USD remained under some pressure ahead of the US July non-farm payrolls report due to Friday.

Greece

According to ELSTAT, the overall volume index in retail trade in May 2021, increased by 15.3%YoY (3.0%MoM), hitting a 9-month...

https://allaboutshipping.co.uk/2021/08/02/global-regional-daily-monday-2-august-2021/

Sustainable living: Designing green cities and inclusive housing

Sustainable living: Designing green cities and inclusive housing

Monday 2 August 2021 – Vol.12 Ed.31.1

Commentary: Cities’ sustainable ambitions held back by lack of labelling

By Adam Cotter in Singapore

With over half the world’s population now crowded into cities, making urban areas sustainable is central to solving the climate crisis. Often located in areas of high climate risk, cities face some of the worst consequences of natural disasters. Infrastructure investment is sorely needed. But with...

https://allaboutshipping.co.uk/2021/08/02/sustainable-living-designing-green-cities-and-inclusive-housing/

Inflation concerns in Asia, CBDC programmable payments, and more

Inflation concerns in Asia, CBDC programmable payments, and more

THE WEEKEND REVIEW  – OMFIF

Latest opinion and analysis from OMFIF around the world
26-30 July 2021, Vol.12 Ed.30

Most-Read Commentary

Inflation concerns take back seat in Asia: With a few exceptions, economies in Asia are facing slow vaccination progress, modest fiscal support and steep contractions to the travel and tourism sectors. The challenges faced by policy-makers in the region include capital flow management and faltering...

https://allaboutshipping.co.uk/2021/07/31/inflation-concerns-in-asia-cbdc-programmable-payments-and-more/

Instant delivery company Gopuff reaches $15B valuation

Four months after raising $1.2 billion, instant delivery application Gopuff announced it has closed on a Series H round for $1 billion, reaching a $15 billion valuation.

The round was led by new investor Blackstone’s Horizons platform and its previous investor Fidelity Management and Research Co. Participants in the round included previous investors Softbank Vision Fund 1, Atreides Management and Eldridge Capital, and new investors Guggenheim Investments, Hedosophia, MSD Capital and Adage...

https://www.freightwaves.com/news/instant-delivery-company-gopuff-reaches-15b-valuation

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