(IN BRIEF) Kalmar, a subsidiary of Cargotec, has entered into an agreement with Australian heavy-equipment distributor AJL Group Pty Ltd (AJL) to provide 18 heavy terminal tractors to TT-Line Company Pty (TT-Line). The order, which was included in Cargotec’s Q2 … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Transportation & Logistics
Tagged AJL Group Pty Ltd, Andrew Lawson, Australia, Cargotec, Heavy Terminal Tractors, Kalmar, partnership, Peter Trevitt, TT-Line
(IN BRIEF) Cargotec Corporation has announced its decision to initiate a share repurchase program. The Board of Directors will exercise the authorization granted by the Annual General Meeting on March 23, 2023. Cargotec plans to repurchase 400,000 class B shares, … Read the full press release
Posted in Business, Financial, Finland, Investment, Management, Media, News, Transportation & Logistics
Tagged Board of Directors, Cargotec, Incentive Programs, share repurchase program
(IN BRIEF) Cargotec Corporation has announced its half-year financial report for January-June 2023, revealing record-high profitability. The company experienced a strong rebound in orders received, reaching pre-COVID levels. Sales increased by 25%, and a record-high comparable operating profit margin of … Read the full press release
(IN BRIEF) Hiab, a subsidiary of Cargotec, has launched HiSkill, a cost-effective training simulator designed to enhance the safety and efficiency of knuckle boom crane operations. HiSkill utilizes virtual reality (VR) technology to create a realistic and secure learning environment … Read the full press release
Posted in Automotive, Business, Finland, Industrial, Management, News, Technology, Transportation & Logistics
Tagged Cargotec, Hiab, HiSkill, Knuckle Boom Crane Operations, Maria Lindroos, Virtual Reality
(IN BRIEF) Logicor, a leading logistics real estate company in Europe, has acquired an urban logistics development in the west of Paris from Scannell Properties. The undisclosed deal involves a forward funded speculative development of a modern warehouse spanning approximately … Read the full press release
Posted in Business, France, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged acquisition, France, Hugues Desbarrieres, Laurent Dubos, Logicor, Paris, warehouse
(IN BRIEF) Approximately 42 million people in the European Union (EU) are unable to afford proper heating for their homes, according to the European Economic and Social Committee (EESC). The EESC emphasized the need for the EU to take decisive … Read the full press release
Posted in Energy, Gas & Oil, European Union, Politics, Society, Transportation & Logistics
Tagged Andrés Barceló Delgado, Baiba Miltoviča, controlling inflation, EESC, energy efficiency, energy poverty, energy-saving initiatives, EU, heating, reforming the electricity market, sustainable energy supply, transportation policies
(IN BRIEF) APM Terminals Los Angeles, known as Pier 400, has been acknowledged for its zero tolerance approach to contractor safety management. As the largest container port terminal in the Western Hemisphere, the facility faces inherent risks, making stringent safety … Read the full press release
(IN BRIEF) Maersk, a global provider of logistics solutions, has opened its first multi-customer warehouse in Croatia, further strengthening its footprint in the country. The 12,000 sqm facility, located near the port of Rijeka, offers fast delivery times and efficient … Read the full press release
Posted in Business, Denmark, Industrial, Management, News, Transportation & Logistics
Tagged CROATIA, Ivić Vodopija, Maersk, warehouse
(IN BRIEF) The European Investment Bank (EIB) has committed up to $40 million to Acre Impact Capital’s Export Finance Fund I, which aims to accelerate climate infrastructure investment in Africa. The fund focuses on investing in the commercial debt tranches … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, International Trade, Investment, Transportation & Logistics
Tagged Acre Impact Capital, Africa, climate infrastructure, commercial debt, EIB, EIB Global, export credit, food and water scarcity, green transport, health, Hussein Sefian, renewable power, sustainable cities, The Export Finance Fund I, The Rockefeller Foundation, Thomas Östros, USAID
(IN BRIEF) EUROGATE, a leading container terminal operator in Germany, is partnering with CONROO to introduce the ‘Digital Trucker Card’ as a replacement for the traditional plastic trucker card used for access authorization at its container terminals. The new solution … Read the full press release
(IN BRIEF) The Port of Hull, operated by Associated British Ports (ABP), has received a new Volvo L150H shovel at its dry bulk handling facility, North Gap. This investment is part of ABP’s ongoing efforts to improve infrastructure in the … Read the full press release
Posted in Business, Industrial, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Humber ports, Port of Hull, Simon Bird, sustainability, Volvo L150H Shovel ABP
(IN BRIEF) Southampton’s port in the UK welcomed a historic arrival of green fertiliser, marking a significant milestone in the country. Grupo Fertiberia’s Impact Zero product line, known for its use of renewable energy during production, was imported by Bartholomews … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Industrial, Management, News, Transportation & Logistics, United Kingdom
Tagged ABP, Bartholomews Agri Food, Clive Thomas, Colin Burton, fertiliser, Grupo Fertiberia, net zero, partnership, shipment, Solent Stevedores, Southampton Port, sustainability, Tom Dynes, UK
(IN BRIEF) Euskotren, a public transportation company under the Basque Government, has awarded a contract to CAF (Construcciones y Auxiliar de Ferrocarriles) for the supply of five new electric trains. The trains, from CAF’s 980 series, will operate on the … Read the full press release
(IN BRIEF) MAN Truck & Bus, a prominent logistics integrator, is intensifying its transformation efforts by taking significant strides towards emission-free drives. The company’s focus for commercial vehicles is primarily on battery-electric drives, while MAN Engines, a business unit of … Read the full press release
(IN BRIEF) voestalpine, a leading supplier of vehicle restraint systems, is undertaking its largest road safety project to date. The company will supply and install 100 kilometers of guard rails for the expansion and modernization of the D4 highway in … Read the full press release
(IN BRIEF) GTT, a global leader in the design of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order from Dalian Shipbuilding Industry & Co to design the tanks for two … Read the full press release
Posted in Business, France, Industrial, Management, News, Transportation & Logistics
Tagged Dalian Shipbuilding Industry & Co, GTT, LNG carriers, tank design
(IN BRIEF) BASF Shanghai Coatings sites and BASF Coatings’ resin plant in Shanghai have announced their transition to 100% renewable energy usage in 2023. This move aligns with BASF Coatings’ global sustainability targets and contributes to carbon reduction efforts. Through … Read the full press release
(IN BRIEF) Deutsche Telekom and YellowFox are partnering to digitize the fleet and logistics processes of the Modschiedler Group. The solution includes digital order management, a truck route planner, and the “YellowFleetApp” for transport handling and route planning. Connected trackers … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Internet & Online, Management, News, Technology, Telecom, Transportation & Logistics
Tagged Deutsche Telekom, digitize, fleet, Hagen Rickmann, Hendrik Scherf, logistics, Modschiedler Group, partnership, Roland Modschiedler, sustainability, YellowFleetApp, YellowFox
(IN BRIEF) ENGIE Vianeo, in collaboration with Siemens Smart Infrastructure, is deploying advanced electric vehicle charging stations on the networks of SANEF, APRR, AREA, and VINCI Autoroutes in France. The charging stations offer modular power from 160 kW to 300 … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged CERTAS Energy France, Didier Liautaud, electric vehicles, electromobility, ENGIE Vianeo, fast-charging stations, French Highway Networks, Olivier Delassus, partnership, Siemens
(IN BRIEF) Alpha Trains, a leading European locomotive and trains lessor, has awarded Siemens Mobility a long-term service and maintenance contract for its Vectron locomotives. The 15-year contract includes complete maintenance and revisions at Siemens Rail Service Center in Munich-Allach. … Read the full press release
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