News

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 […]

In response to rental company requrements for easy electronic payment options, Point of Rental has taken an additional step with its eSign product, adding an eSign & Pay option. Users can now request contract signatures and payments in one easy step, converting quotes into reservations seamlessly. “This simple addition to the software takes away yet […]

According to a recent report, China’s manufacturing output in March rebounded from the previous month’s record low. The Caixin China manufacturing purchasing managers index (PMI), which focuses on smaller, private manufacturers, moved into positive territory last month. The PMI is a diffusion index incorporating survey results conducted on manufacturing firms throughout the country. The modest, […]

Elevated work platform manufacturer Zhejiang Dingli Machinery Co., Ltd. has made an addition to its JCPT2223RTB model launched in October of last year. The new JCPT2223DC, includes all of the features of the RTB with the exception of a 620Ah lead acid battery which offers more than eight hours working time at full power. The […]

Konecranes has supplied Australia’s largest glass supplier Viridian, with a modified 5t CXT crane to handle operations at its glass trading centre. The CXT range of wire rope hoist cranes come in two pre-designed packages and are designed for industrial workplaces where a lifting capacity of up to 80 tons is required. The Viridian Trade […]

Most Chinese forklift factories are back in production after shutting down, following China’s measures to contain the coronavirus outbreak. “The Staxx factory has been back to normal production capacity since March,” said Thomas Wang, export director of Ningbo Staxx Material Handling Equipment. “Workers are still following government instructions, wearing masks, undertaking daily disinfection, and having […]

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) fell by 4.8 points to 37.9 in March, delivering the lowest monthly result since May 2013.  Readings below 50 indicate contraction in activity, with the distance from 50 indicating the strength of the decrease.  March marked a 19th consecutive month of contraction. […]