News

Kalmar launched a five-year Move2Green R&D program and has been granted €20 million funding from Business Finland Leading Company Competition. The goal of the Move2Green program led by Kalmar is to advance carbon neutrality in heavy material handling by developing the electric equipment portfolio and data-driven services. The vision of the program is to enable […]

“The news Australia has not secured a US tariff exemption is disappointing but not unexpected,” Innes Willox, chief executive of national employer association the Australian Industry Group, said today. “The decision does send an unfortunate signal about the broader state of the economic relationship between our two countries and sets the scene for more uncertainty […]

Kalmar has signed a service contract with PSA Singapore in Q4 2024, covering maintenance and repair work on PSA’s cargo-handling fleet. PSA Singapore is the world’s largest container transshipment hub, handling 40.9 million TEUs in 2024. It is one of the flagship terminals of PSA International, a leading port group with a global network spanning […]

Columbus McKinnon (CMCO) a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, has announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Ltd. CMCO expects the deal to close later this year, subject to regulatory approvals and satisfactory completion of customary closing conditions. David Wilson, president and CEO […]

You may have noticed a few changes to your magazine this year. There were changes to the partnership that published Lift & Hoist Australasia and we rebranded as Australasia Lift & Hoist – I know, you are mesmerised by our creativity! We are fully committed to serving the industrial lifting community in Australasia and the […]

“Today’s national accounts data reveals the government is providing life support to the Australian economy,” said Innes Willox, chief executive of the national employer association Ai Group. Real GDP grew at 0.8% pa on an annualised basis in the September quarter, below forecasts and market expectations. “The data shows much of the private sector faces […]

Leading Vietnamese maritime-logistics operator Haivanship (HVS) is growing its Konecranes fleet with two Lloyd’s-certified Generation 6 Konecranes Gottwald ESP.9B crane on barge. The order for the first crane was booked in Q3 2024 and the second in Q4, with both to be delivered at the end of 2025. Haivanship is currently providing coal transshipment using […]

Hyster-Yale Inc, has been awarded a 2024 Bronze medal by EcoVadis, an esteemed rating agency specializing in sustainability and corporate social responsibility. This accolade places Hyster-Yale among the top 35% of over 130,000 companies globally assessed by EcoVadis, highlighting its dedication to sustainable practices and continuous improvement. “As sustainability and related topics get more attention, […]

Konecranes will set net-zero group emission reduction targets in line with the Science Based Targets initiative (SBTi) Net-Zero Standard, complementing its existing near-term target of halving emissions from its own operations as well as its value chain by 2030. Konecranes aims to be the world leader in material handling solutions creating value for everyone and […]

Palfinger AG recorded a revenue of €1745 million, an operating result (EBIT) of €158.7 million and a consolidated net result of €90.8 million in the first three quarters of 2024. The company reported that, the European core markets, especially Germany, are stagnating, while the upcoming US election is slowing down the demand in North America (NAM). Palfinger recorded strong […]