Cargolux sees growth in revenue and profit
All-cargo airline Cargolux has seen an increase in both its revenue and profit for its 2024 financial year, despite ongoing geopolitical obstacles to contend with.
Manitowoc opens Colombia office
USA-based crane manufacturer Manitowoc has opened an office in Colombia, with the aim of both supporting customers and maximising machine uptime across Latin America.
pewag acquires Aberdeen Web
pewag has acquired manufacturing partner Aberdeen Web, which makes webbing slings, round slings and ratchet systems.
Trio of NYK firms to merge
Three shipping and ship-management firms within the NYK Group will merge as part of a strategic business integration.
ITI releases third edition of Rigging Engineering Basics
Industrial Training International (ITI) has released the third edition of Rigging Engineering Basics, offering updated guidance on lift planning, crane selection, and rigging safety.
DSV’s deal for DB Schenker cleared
DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
Business
The latest business news and developments of those active in the heavy lift and project logistics sector, including mergers & acquisitions (M&A), consolidation, expansion, forecasts and personnel changes across the sector.Get free access to HLPFI
Register to Heavy Lift & Project Forwarding International today to receive our two weekly e-newsletters and gain free access to the latest news and analysis.
Register today- Previous
- Next
Denholm unifies logistics arms under single brand
Denholm UK Logistics and Denholm Good Logistics will come together under a single trading brand.
OIA Global acquires JF Moran
Portland, USA-based OIA Global has acquired compatriot Customs brokerage and freight forwarding firm JF Moran.
Meriaura sees revenue growth but profit hit by restructuring
Finland’s Meriaura Group published its financial results for 2024, with revenue up but EBITDA and net profit down on 2023’s figures. The Finnish shipping firm puts this largely down to the restructuring of its business.
Barnhart bolsters footprint in Southwest USA
Barnhart Crane and Rigging has acquired the assets and operations of two branches belonging to Crane Service, which is owned by ML Holdings, in Texas and New Mexico.