Latest news from Heavy Lift & Project Forwarding International Magazine

Forwarders see volumes up, but profits down

October 28 - Two of the world's largest transport and logistics companies, both with a significant presence in the movement of heavy and OOG project cargoes have reported significant increases in transport volumes in the third quarter of 2009 compared to

However, both Panalpina and Kuehne + Nagel said that nine-month volume growth and gross profit performance remain significantly below expectations.

For Panalpina, volumes fell by 25 percent year-on-year based on a nine-month comparison, although airfreight increased by 10 percent between the second and third quarter.

Kuehne + Nagel's seafreight volumes increased by 11 percent between the second and third quarters and said its gross profit was reported to be 7.3 percent below the figure for the first nine months of last year, whereas Panalpina's gross profit in the first nine months declined by nearly 19 percent year-on-year.

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Sims Crane appoints Lester thumbnail image

Sims Crane appoints Lester

July 19 - Florida’s Sims Crane & Equipment has named Jared Lester as its business development manager. 
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ITI and FHS to open Florida training centre thumbnail image

ITI and FHS to open Florida training centre

July 19 - Florida Handling Systems (FHS), a Mazzella Company, and Industrial Training International (ITI) have confirmed that they will develop a training centre in Bartow, Florida.
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