German forklift manufacturer Jungheinrich has acquired Atlanta-based Invar, a systems integrator for warehouse and fulfillment solutions, saying the move will bolster Jungheinrich’s expansion in North America and grow its global footprint as well as its automation business. Terms of the deal were not disclosed, but Jungheinrich made the move through its subsidiary Storage Solutions, an…
Japanese carrier ONE forecast today that it will post a loss of $70 million before interest, taxes and amortization in the second half of its fiscal year, after first-half revenue fell by $1.4 billion year-on-year. The carrier announced its second quarter and first half results today – as its financial calendar runs from July to……
Gold held steady at $4,000 on Monday, as traders assessed the end of China’s long-running tax cut for some retail traders, according to Mining.com. By midday in New York, the spot gold price rose 0.2% to $4,009.58 per ounce, after falling as much as 1% earlier. US gold futures also rose 0.6% to $4,020.80 an…