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Tiphook
Tiphook PLC was a United Kingdom headquartered transport services company, registered on the London and New York stock markets, which became the world's second largest marine container leasing business in the 1990s. The Company was once a constituent of the FTSE 100 Index. Following a debt-fuelled buying spree in the late 1980s, it crashed in the early 1990s due to accounting changes brought about by its expansion into North America caused by a technical and then actual default in its debt coverage. The rail leasing arm of the business briefly became International Wagon Services in 1996 before being acquired by GE into its European rail leasing business. Background Born in 1948, Robert Montague joined Esso from school, and then ran his father's transport business. Business model Montague founded Tiphook in 1975, and later became company chairman. It took advantage of the change in global transport practices, from the 1960s of loose cargo, to the 1980s of ISO-based intermodal c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cargowaggon
GE Capital Rail Services was a European railway services company owned by GE Capital and headquartered in Amsterdam, Netherlands. The company was formed in 1998 through the acquisition and merger of the leasing firms Cargowaggon and Tiphook. Touax acquired the operations of GE Capital Rail Services in 2015. History Cargowaggon was founded in Frankfurt, Germany by Swiss shipping company Danzas, to undertake trans-European shipment of customers rail cargo. The company specified and purchased wagons from mainly German manufacturers, which were then sub-leased or hired to customers. The company was started through an invitation to manufacture and manage new rail vehicles for Ford Europe in 1979, to allow transportation of motor vehicle sub-assemblies between various European factories. By 1997 jointly owned by Australian business services company Brambles Industries, and Danzas, the company was purchased by GE Capital Services. In May 1998, GE bought Tiphook in England, which opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class Action
A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class action originated in the United States and is still predominantly a US phenomenon, but Canada, as well as several European countries with civil law, have made changes in recent years to allow consumer organizations to bring claims on behalf of consumers. Description In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who the same defendant has injured in the same way. Instead of each damaged person brin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daily Mirror
The ''Daily Mirror'' is a British national daily tabloid. Founded in 1903, it is owned by parent company Reach plc. From 1985 to 1987, and from 1997 to 2002, the title on its masthead was simply ''The Mirror''. It had an average daily print circulation of 716,923 in December 2016, dropping to 587,803 the following year. Its Sunday sister paper is the '' Sunday Mirror''. Unlike other major British tabloids such as '' The Sun'' and the '' Daily Mail'', the ''Mirror'' has no separate Scottish edition; this function is performed by the '' Daily Record'' and the '' Sunday Mail'', which incorporate certain stories from the ''Mirror'' that are of Scottish significance. Originally pitched to the middle-class reader, it was converted into a working-class newspaper after 1934, in order to reach a larger audience. It was founded by Alfred Harmsworth, who sold it to his brother Harold Harmsworth (from 1914 Lord Rothermere) in 1913. In 1963 a restructuring of the media interests of the Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Maxwell
Ian Robert Maxwell (born Ján Ludvík Hyman Binyamin Hoch; 10 June 1923 – 5 November 1991) was a Czechoslovak-born British media proprietor, member of parliament (MP), suspected spy, and fraudster. Early in his life, Maxwell escaped from Nazi occupation in his native country, joined the Czechoslovak Army in exile during World War II and was decorated after active service in the British Army. In subsequent years he worked in publishing, building up Pergamon Press to a major academic publisher. After six years as a Labour MP during the 1960s, Maxwell again put all his energy into business, successively buying the British Printing Corporation, Mirror Group Newspapers and Macmillan Publishers, among other publishing companies. Maxwell led a flamboyant lifestyle, living in Headington Hill Hall in Oxford, from which he often flew in his helicopter, or sailing in his luxury yacht, the ''Lady Ghislaine''. He was litigious and often embroiled in controversy. In 1989, Maxwell had t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Semi-trailer
A semi-trailer is a trailer without a front axle. In the United States, the term is also used to refer to the combination of a truck and a semi-trailer; a tractor-trailer. A large proportion of a semi-trailer's weight is supported by a tractor unit, or a detachable front-axle assembly known as a dolly, or the tail of another trailer. The other portion of the semi-trailer's weight is semi-supported (half-supported) by its own wheels, which only support the rear of the semi-trailer. A semi-trailer is normally equipped with landing gear (legs which can be lowered) to support it when it is uncoupled. Many semi-trailers have wheels that are capable of being totally dismounted and are also relocatable (repositionable) to better distribute load to bearing wheel weight factors. Semi-trailers are more popular for transport than full trailers, which have both front and rear axles. Ease of backing is cited as one of the semi's chief advantages. A road tractor coupled to a semi-trailer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Equipment Services
GE Equipment Services was a Stamford, Connecticut-based division of General Electric Industrial, providing transport solutions for supply chains, including equipment leasing, asset management, and logistics services. The European headquarters of GE Equipment Services was located in Amsterdam, Netherlands. Divisions of GE Equipment Services included: * GE Rail Services Europe * Penske Truck Leasing * General Electric Railcar Services Corp. The European division of GE Equipment Services was sold in October 2013 to HNA Group HNA Group Co., Ltd., is a Chinese conglomerate headquartered in Haikou, Hainan, China. Founded in 2000, it was involved in numerous industries including aviation, real estate, financial services, tourism, logistics, and more. It is a part owner ..., China and keeps its operation as TIP Trailer Services. References External links GE Equipment Services General Electric Industrial subsidiaries Logistics companies of the United States Transportation c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ian Clubb
Ian Clubb (born 1 January 1955) is an Australian Human Resources business executive and former Olympian rower. He was an eleven-time national champion rower who represented at four world championships and in the men's eight event at the 1976 Summer Olympics. He won five consecutive Australian national championship titles in a coxed four from 1976 to 1980. Rowing family Born in Dubbo, New South Wales, Clubb attended Sydney Grammar School where he took up rowing and matriculated in 1973. His father Gordon Clubb Snr was a Sydney Rowing Club member from 1934 and a committee man from 1946. Gordon Clubb Snr had rowed for Australia as a single sculler in a 1940 Trans Tasman series against New Zealand and coached his sons at Sydney Rowing Club in the 1970s. Ian's older brother Gordon Clubb Jnr rowed with Ian in champion SRC and New South Wales King's Cup crews of the late 1970s and rowed for Australia from 1977 to 1979. Club and state rowing Ian Clubb first made state selection for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transamerica Corporation
The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became an independent subsidiary of multinational company Aegon. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies. History In October 1904, A.P. Giannini founded the Bank of Italy in San Francisco. In October 1928, Giannini created a holding company that he named the Trans-America Corporation, whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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