MacGregor will cease to be part of Cargotec

Based on the  strategic evaluation of MacGregor Cargotec’s board of directors has concluded that the business will not be part of Cargotec’s portfolio in the future. Cargotec will focus on profitable growth of its core businesses, Hiab and Kalmar, by solving customers’ sustainability challenges. During the strategic evaluation, it became clear that there is considerable […]

15/11/2022 - 16:02 pm

Cargotec reports strong performance continues in core businesses

In its interim report from July to September 2022 Cargotec was able to disclose an all time high comparable operating profit and increased orders in all business areas. The company anticipates that supply chain challenges and market uncertainties will continue. Orders received increased by 16% and totalled 1147 million euros and the order book amounted […]

26/10/2022 - 12:59 pm

Cargotec and Konecranes merger cancelled

The UK Competition & Markets Authority (CMA) has blocked the merger between Cargotec and Konecranes. According to the CMA’s final report issued today, the remedies – which would have removed all overlapping businesses of the two companies and were accepted by the European Commission (EC) – would not be effective in addressing the CMA’s concerns […]

29/03/2022 - 14:24 pm

Konecranes and Cargotec merger can go ahead in China

State Administration for Market Regulation has approved the merger between Konecranes and Cargotec in China. On 1 October 2020, Konecranes Plc (Konecranes) and Cargotec Corporation (Cargotec) announced that the companies had signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the Transaction). Konecranes and Cargotec have received […]

11/08/2021 - 19:42 pm

Kalmar enters into Strategic Cooperation with Sichuan Port and Shipping Investment Group in China

Kalmar, part of Cargotec, led the delegation at the signing ceremony of the Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI) and Cargotec Corporation in Chengdu, China. The agreement covers the vision of the two parties to establish a long-term cooperative relationship from the development of land port, water port, logistics park, […]

15/06/2021 - 14:08 pm

Cargotec commits to 1 million tonne CO2 emission reduction

Cargotec has refined its strategy and vision to focus on sustainability and profitable growth. With its business areas Kalmar, MacGregor and Hiab, Cargotec’s vision is to become the global leader in sustainable cargo flow. Cargotec’s CEO Mika Vehviläinen said, “Our previous vision – becoming the global leader in intelligent cargo handling – highlighted the importance […]

28/04/2021 - 14:22 pm

Kalmar extends terminal automation partnership with Nokia

Nokia and Kalmar will combine their communications and cargo handling technology expertise in new, joint go-to-market ventures, integrated solutions development and research collaboration. The companies will expand their ongoing collaboration to provide new solutions for ports and intermodal terminal operators, which want to automate operations and achieve greater productivity. Jochen Apel, vice president of transportation, […]

12/01/2021 - 13:05 pm

The companies Konecranes and Cargotec plan to merge

Planned merger for Cargotec and Konecranes have signed an agreement and a merger plan to combine the two companies. It is anticipated that the merged companies will be well positioned to lead the industry shift towards increased sustainability based on intelligent solutions, by being a lifecycle partner for its customers and prioritising safety in all […]

12/10/2020 - 22:25 pm

Saigon Newport chooses fuel-efficient Kalmar equipment for Cat Lai Terminal

Saigon Newport Corporation (SNP) has ordered 25 Kalmar Essential Terminal Tractors TL2, through Kalmar’s local dealer Unico Vina JSC, delivery is scheduled for the year-end of 2020. Since its establishment in 1989, SNP has grown to become Vietnam’s largest container terminal operator. The company provides a variety of services including cargo handling, logistics, salvage, piloting, […]

11/08/2020 - 12:14 pm

Kalmar forklifts help Yizheng Port Co meet environmental regulations

In the last quarter of the year Kalmar will deliver four forklifts to Yizheng Port Co Ltd: two Kalmar Essential Forklifts with a lifting capacity of 16t and two Kalmar Heavy Forklifts with a lifting capacity of 25t. The order, which was concluded through Kalmar’s local dealer Suzhou Hefeng Industry Equipment Co Ltd, was booked […]

03/08/2020 - 18:52 pm

New Issue

LHA Oct/Nov 2022

In this month's issue