January 11 - Simest, part of the Italian CDP group, has acquired 9 percent of Fagioli Group's subsidiary in North America.
According to Fagioli, the investment of Simest is equivalent to EUR750,000 (USD789,863).
Fagioli says that Simest's investment is in line with the strong demand of the market and the company's increasing business in North America.
General cargo volumes have dipped 3 percent year-to-date at Port Houston’s multipurpose facilities. However, steel imports increased 34 percent in November.
BAE Systems is bolstering its transport fleet in Florida, USA, with 156 Cometto MSPE axle lines.
USA-based heavy lifting specialist Engineered Rigging has expanded its engineering team to include Dalton Robinson
Irish and UK shipping company Quality Freight Group has become part of Switzerland-headquartered Fracht Group.
UK-based heavy haulage and rigging specialist Allelys has appointed Sandy White as its engineering director.
Kito Crosby has promoted Jason Bulan to vice president of business development and product strategy for the company’s hoists and cranes portfolio in the Americas.
