Inside the News - Edition #1103

Allan Leibowitz -
Inside the News
- 17 Nov 2022 ( #1103 )
1 min read
The cancellation of the merger of all mergers - Cargotec and Konecranes - continues to have repercussions, with Cargotec deciding to put its MacGregor business on the market. But, as we report this week, now is not the time to be offloading subsidiaries, with so much market uncertainty. So, there's no word yet about when the maritime cargo and load-handling solutions provider will be up for sale. There is probably also some caution about who can buy the division, given the tough anti-monopoly legislation which halted the Cargotec-Konecranes deal. Meanwhile, we also report on Oshkosh's acquisition of Italy's Hinowa, further cementing a 12-year relationship which saw Hinowa produce JLG compact crawler boom lifts. Oshkosh is hoping to not only expand its product line and European footprint, but also to tap into Hinowa's electrification expertise.
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Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Joe Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading
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Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

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Upcoming in the editorial calendar
WIRELESS CHARGING
Aug 2025
MANAGING MIXED FLEETS
Oct 2025
Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

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