News Edition #1103 - 17 November 2022

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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.

AUSTRALASIA NEWS

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Fatalities fall – Safe Work Australia  Canberra, ACT, Australia
Safe Work Australia has released its latest industry analysis, Key Work Health and Safety Statistics, Australia 2022 , showing a continuing fall in workplace fatalities. The report shows that 169...
DHL invests in robotics  Sydney, NSW, Australia
DHL Supply Chain has announced an AUD150 million (USD100 million) investment in warehouse robotics solutions and automation at its Australian warehouses. This will support faster delivery to customers, improve...
Forklift used in heist  Melbourne, Vic, Australia
Thieves have allegedly used a forklift to steal a ride-on lawn mower, tools and a classic vehicle worth $300,000 from a property in Melbourne's outer north-west. According to media...

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WORLD NEWS

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Oshkosh to acquire Hinowa  McConnellsburg, PA, United States
Oshkosh Corporation has entered into a definitive agreement to acquire Hinowa S.p.A., a privately held international company and leading manufacturer of track-based aerial work platforms, mini-dumpers, lift trucks and...
Jungheinrich ends solid quarter   Hamburg, Germany
Jungheinrich experienced a "solid third quarter", according to its latest earnings report. The German intralogistics group reported a slight improvement in earnings in the first nine months of the...
MacGregor will go up for sale  Helsinki, Finland
Cargotec will put its MacGregor business up for sale - but not immediately. Cargotec has completed its strategic evaluation of MacGregor and the board of directors has concluded that MacGregor...
Yale, Hyster add double stackers  Surrey, United Kingdom
Yale Europe Materials Handling has released the MS20XD Platform Double Stacker, capable of loading two pallets at once, which can result in time and cost savings for the customer...

STI adds 20 Konecranes forklifts  San Antonio, Chile
San Antonio Terminal Internacional (STI) has started to receive delivery of 19 Konecranes Liftace reachstackers and a Konecranes Liftace empty container handler at its operations in the Port of...
Finnish postal operator Posti plans to invest EUR‎100 million (USD103 million) in a new logistics centre in Southern Finland. The company has shortlisted municipalities and cities interested in the...
Contractor pleads guilty in death of doctor  Washington, DC, United States
A former American military contractor pleaded guilty to involuntary manslaughter for fatally striking an active duty US Air Force medical doctor with a forklift as she was walking on...
Port receives reachstacker funding  Oswego, NY, United States
The Port of Oswego (POA) has been awarded USD754,000 toward the cost of a reachstacker as part of its short sea shipping project from the USDOT America's Marine Highway...
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SPECIAL FEATURES
Manufacturers respond to container handling challenges
Electrification, a heightened awareness of the need for safety, and steps forward in terms of speed and efficiency are among the cargo handling sector's most notable recent developments. Read the story

FORKLIFT DIARIES

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Lifting Lady Liberty – inside the Patriotic Pallet Project world record
Donna Waldrep
The team at Carolina Handling wanted a unique project that was grand enough to get the attention of those outside the materials handling industry, while also honouring the service of their veteran associates. Cue the Patriotic Pallet Project, a 50x50-pallet painting of Lady Liberty.
LAST WEEK'S MOST READ
MOVERS & SHAKERS
chief commercial officer, Echandia , Sweden
director of marketing - access segment, JLG Industries, United States
chief financial officer, InstaFreight, Germany
sales manager – USA, RoyPow USA, United States

manufacturer materials handling equipment

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FACT OF THE WEEK
Critics of the design of the Eiffel Tower in Paris initially described it as 'monstrous', 'useless', 'ridiculous' and a 'hateful column of bolted sheet metal'. Some architects even thought it was physically impossible to build a structure of such a height. An official petition was launched to try and stop its construction.
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