News

Changes have been made at the top level of the Jungheinrich AG supervisory board. The control committee has nominated Rolf Najork to succeed the outgoing chairman of the supervisory board, Hans-Georg Frey. The supervisory board of Jungheinrich AG has resolved to propose Rolf Najork for election to the supervisory board at the company’s Annual General […]

“Today’s decision by the Reserve Bank of Australia to raise the cash rate target to 3.6% is an unfortunate but necessary step to ensure price stability”, said Innes Willox, chief executive of the national employer association Ai Group. “High inflation impacts both households and businesses, who are facing rapidly increasing input costs. In a period […]

The national employer association Australian Industry (Ai) Group is pleased to announce the launch next week of a new monthly indicator of business performance covering a cross section of industry sectors to be known as the Ai Group Australian Industry Index. The first release of the Ai Group Australian Industry Index will be on Tuesday […]

The Kito Corporation, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes and The Crosby Group, a leading provider of lifting and rigging solutions, and have completed their business combination. Today’s announcement follows the settlement of The Crosby Group’s cash tender offer for […]

The Turkish leader in crane manufacturing, BVS Crane, is going through an initial public offering (=IPO) in Borsa Istanbul. BVS Cranes was established in 1986 by Mech Eng Önder Bülbüloğlu and has been growing in size and turnover ever since, both at home and in international markets – with export going to 90 countries on […]

Haulotte China held its 2023 Annual Dealer Meeting on 13 January at the new Haulotte factory in Changzhou. Harry Wang, general manager of Haulotte Shangai, and key business department managers, welcomed more than 20 dealers representing many Chinese provinces. This meeting was an opportunity to sum up 2022 and look forward into 2023 while sharing […]

The new LiftEx 2023 website is now live at liftex.org. The site provides an essential hub for details of the unmissable global event for the lifting industry, taking place at the Exhibition Centre, Liverpool, UK on 21-22 November 2023. The annual event hosted by LEEA (Lifting Equipment Engineers Association), the leading global representative body for […]

Toyota Material Handling Australia (TMHA) has signed a new partnership with the Australian Turf Club (ATC), one of the leading operators of thoroughbred world-class racing, hospitality and entertainment events across Sydney. The ATC venues include Randwick Racecourse, Rosehill Gardens, Canterbury Park, Warwick Farm and the Rosehill Bowling Club. The three-year deal commences 2023 and sees TMHA and its Toyota […]

MacGregor, part of Cargotec, has been selected to supply heavy-duty cranes for a total of ten floating crane barges to be built by PT Karya Teknik Utama at their shipyard in Indonesia. The orders were booked into Cargotec’s 2022 Q3 and Q4 order intake. The barges are scheduled to be delivered from the second quarter […]

South Pacific International Container Terminal (SPICT), a unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Lae, is now capable of handling larger box ships after receiving a pair of new ship-to-shore (STS) cranes, the largest port equipment in Papua New Guinea today. Manufactured by Shanghai Zhenhua Heavy Industry Co Ltd and […]