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Latest in Industry

Acquisitions

Kuehne+Nagel Completes Acquisition of Farrow

As of January 31, 2024, Kuehne+Nagel Group has successfully concluded the acquisition of Farrow after the completion of the customary regulatory review. Farrow will now operate as a wholly owned subsidiary…

Energy

bp Expands European Presence with Acquisition of GETEC ENERGIE GmbH

bp has confirmed its acquisition of GETEC ENERGIE GmbH, an independent energy supplier to commercial and industrial (C&I) clients in Germany. The completion of this acquisition will significantly broaden bp’s…

Energy

Himoinsa Welcomes Jesús Santos as Director of Power Solutions Business Unit

Himoinsa announces the appointment of Jesús Santos as the new Director of its Power Solutions Business Unit. With over two decades of experience in the power generation sector, Santos brings…

Heavy lifting

Mammoet’s Historic Nuclear Decommissioning Triumph

Mammoet, in collaboration with Orano USA, achieved a milestone in the decommissioning of the Crystal River Unit 3 nuclear reactor in Florida. The project involved the extraction of the 540-tonne…

Trucks

Sany’s 71m Pump Sets Record in Singapore

Sany Group has reached a significant milestone in Singapore by successfully delivering its first overseas-exported S series 71-meter pump truck. This achievement establishes a new record as the longest boom…

Cranes

Steve Filipov Joins Crane 1 Services Board of Directors

Crane 1 Services, a prominent player in the overhead crane services industry, is delighted to welcome Steve Filipov to its Board of Directors, effective November 1, 2023. With a remarkable…

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Logistics

Gilles Duffaut Appointed Director of International Logistics Development at AGL

Gilles Duffaut has assumed the role of Director of International Logistics Development at AGL (Africa Global Logistics) starting from September 1, 2023. Working alongside Eric Melet, the CEO of Logistics…

Energy

bp Appoints Kate Thomson as Interim Chief Financial Officer

bp has announced the appointment of Kate Thomson as interim Chief Financial Officer (CFO), following the recent appointment of Murray Auchincloss as interim Chief Executive Officer (CEO). Kate Thomson currently…

Transport

Geodis Appoints Xavier Avrard as Chief Strategy Officer

Geodis, one of the global leaders in transportation and logistics, has named Xavier Avrard as its Chief Strategy Officer.  Avrard, who joined Geodis in 2014 as Group Controller, has played…

Appointment

Anna Müller Named President of Volvo Penta 

Volvo Group has announced the appointment of Anna Müller as the new President of Volvo Penta and a member of Volvo Group’s management team. She will succeed Heléne Mellquist, who…

Lifting

Mediaco Secures Major Swiss Acquisition

Mediaco has taken a significant step in its European and international growth strategy with the recent confirmation of its acquisition of Matthey-Petit SA, a prominent Swiss lifting company. The roots…

Industry

ABB and Microsoft Partner 

ABB and Microsoft have announced their collaboration to integrate Azure OpenAI Service into ABB Ability™ Genix Industrial Analytics and AI suite. The partnership aims to leverage generative AI technology to…

Auction

Strong Demand for Excavators at Ritchie Bros.’ Dubai Auctions

Ritchie Bros., a heavy equipment auctioneer, experienced a 24% increase in the sale of excavators at their Dubai site in 2022 compared to the previous year. This success was due…

Associations

Carri Marais joins BIFA’s training team

Carri Marais has joined the British International Freight Association (BIFA) as a trainer for freight and customs procedures, adding to the training team. Carl Hobbis, an executive director at BIFA,…

Agreement

RINA and ABB collaborate in shipping decarbonization

The international classification society, RINA, announced today that they have signed a Memorandum of Understanding (MoU) with ABB. The focus of this MoU is to build a cooperative relationship in…

Acquisitions

Magna Tyres acquires South African Tirepoint

Magna Tyres Group expands globally with the purchase of Tirepoint, one of South Africa’s largest tire dealers. Established in 2004, Tirepoint operates in Gauteng, KZN, and Western Cape and has…

Appointment

Cargotec names Casimir Lindholm as President and CEO

Cargotec’s Board of Directors has named Casimir Lindholm (M.Sc. (Econ.), MBA), born 1971, as the new President and CEO starting April 1, 2023. Until then, Cargotec’s current President and CEO,…

Acquisitions

Trackunit completes the acquisition of Flexcavo

Trackunit, a global provider of IoT services, recently completed a deal with Flexcavo, a German company, to expand its presence in the contractor market. As part of the agreement, which was…

Acquisitions

RINA acquires US-based Patrick Engineering

Multinational Inspection, Certification, and Engineering consultancy firm, RINA, has announced the acquisition of all shares of Patrick Engineering Ltd., a Chicago-based engineering consultancy firm that specializes in infrastructure, transport, and…

Associations

BIFA names new director general

The British International Freight Association (BIFA) has appointed Stephen Parker as its new director general to succeed Robert Keen, who will be retiring from full time employment with the trade…

Agreement

Kalmar signs important service contract worth 25 million euros

Kalmar has recently announced the signature of a five-year service agreement with a Swedish steel producer including the provision of equipment, parts and service personnel.  The order worth EUR 25…

Deliveries

Greiner delivers three new Sefiro’s

The German family owned company, Greiner GmbH, who specialises in development, design, and production of custom-built transport, assembly, and special-purpose systems, has recently delivered three new Sefiro’s, specifically designed to…

Acquisitions

Ritchie Bros. UK further develops its Maltby Colliery site

Equipment auction company Ritchie Bros. UK continues transforming its Maltby Colliery site following its recently completed purchase of the land and remaining buildings. A key development project will see the…

Cranes

9-axle Liebherr LTM 1750-9.1 for Saudi Arabia

Saudi Arabian company Bin Quraya has expanded its crane fleet with an LTM 1750-9.1 mobile crane from Liebherr. Owner Awad Bin Quraya explains his company’s investment in the new nine-axle…

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