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KANSAS CITY, Mo., Oct. 14, 2020 /PRNewswire/ — Infinity Intermodal has recently hired transportation industry sales veteran, Mark Markos, as its Midwest Business Development Director. Mark is located in the Chicago area and will be primarily focused on working with customers/companies in the Midwest (Illinois, Minnesota, Wisconsin, Indiana, Michigan, Iowa and Ohio) to help them move their frozen, refrigerated, perishable or dry freight in Infinity’s attached temp-controlled domestic intermodal containers from the Midwest via intermodal ramps in Chicago and Minneapolis to the Northwest via intermodal ramps in Seattle, Portland, Spokane and Salt Lake City.
Stated Paul Goss, CEO of Infinity Intermodal, “We are happy to have Mark Markos on board as a part of our marketing and sales team at Infinity to promote our westbound service offerings to the Pacific Northwest.”
According to Nate Lawson, Infinity’s
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Link Administration Holdings Ltd, an Australia-based provider of services in superannuation administration industry, said it has received a conditional A$2.76 billion proposal from a consortium comprising Pacific Equity Partners, Carlyle Group to acquire 100% of the stake, sending its shares up 27% to A$5.1 on Monday.
The non-binding offer of A$5.20 a share is at a 30.3% premium to the shareholder registry firmâs last closing price and has the support of Perpetual Ltd, which owns 9.7% of the company, Reuters reported.
The Link Group Board will consider the Proposal, including obtaining advice from its financial and legal advisers. Shareholders do not need to take any action in relation to the Proposal. It should be noted that there is no certainty that the discussions with the Consortium will result in any transaction, the company said.
Link Group has appointed Macquarie Capital and UBS as its financial advisers and Herbert Smith Freehills
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Cathay Pacific is undergoing a restructuring process to help see it through the aftermath of the pandemic. Photo: Roy Issa
Cathay Pacific Airways is weighing up if it needs smaller aircraft with fewer business class seats, as Covid-19 reshapes travel habits and the airline industry.
No immediate changes are on the horizon, according to CEO Augustus Tang Kin-wing, but discussions are ongoing over the company’s restructuring plan, which will set its course for years to come.
“What kind of aircraft is going to be a big aircraft or small? Do you need to have a large business class because people perhaps will be more concerned about personal space because of the pandemic or just the opposite?
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“These are the kind of questions we have to wrestle with,” Tang said in