News

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) recovered by 5.8 points to 41.6 in May, after experiencing the largest single-month drop in the index’s history in April (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). The manufacturing industry remained in deep contraction […]

Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co Ltd. (RHI), and approximately 160 employees have moved over from RCI to Kalmar.  On 11 May […]

Straightpoint (SP), part of The Crosby Group, has named Thunder Oilfield Services (TOS) a distributor of its full range of force measurement equipment in Thailand. TOS specialises in the fabrication, training, inspection, maintenance and repair of lifting equipment and components used in the offshore energy industry. It operates throughout Asia Pacific and the Middle East, […]

Sinoboom will officially open its European subsidiary, Sinoboom BV, in Rotterdam, The Netherlands, on 1 July. A consignment of MEWPs is on route, consisting of a diverse range of scissor lift and articulating boom lift models which are tailored to meet the high standards of the European market, incorporating a number of innovations such as […]

The International Powered Access Federation (IPAF) has issued guidance to help those using elevating work platforms (EWPs), mast-climbing working platforms (MCWPs), construction lifts and hoists to work safely and minimise the risk of spreading COVID-19. The new document has been developed and reviewed by IPAF’s safety experts and members with specialist knowledge of health and […]

Jungheinrich’s quarterly result for the first quarter of 2020 show that in the first three months of the year incoming orders were of the same level value as the previous year. Incoming orders by unit fell by 3% compared to the same period last year, while the global market for material handling equipment fell by […]

Cargotec and Jiangsu Rainbow Heavy Industries Co Ltd (RHI) are planning to change the ownership structure of their joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. The joint venture was established in 2012, and since then, RCI has successfully manufactured port and offshore cranes for Kalmar and MacGregor business areas at the factory in […]

Having postponed its 2020 event because of COVID-19, CeMAT Australia has partnered with warehouse automation experts Fuzzy LogX to deliver, 9 Steps to Future-proofing your Warehouse, a nine-part interactive online series. The series, starting May 2020, seeks to address the unforeseen pressures put on the supply chain by COVID-19. Some companies have experienced unmeetable demand […]

On 13 April, Haulotte hosted Jokoson Company at its Shanghai headquarters to exchange views on business development under the current pandemic situation and together achieved a cooperation agreement. Jokoson, is a high-tech, innovative enterprise devoted to providing comprehensive, integrated, environmental service solutions in the industrial field. It has support from Shanghai Government, Science and Technology […]

Konecranes first quarter results reflect that the worldwide demand picture remains subject to significant volatility. Due to the Coronavirus (COVID-19) pandemic, the demand environment within the industrial customer segments is deteriorating in Europe and North America compared to Q1. While China is showing early signs of improving demand conditions from early 2020, demand environment in […]