Latest news from Heavy Lift & Project Forwarding International Magazine

Logwin improves operating margin in first quarter

May 5 - The Logwin Group has reported revenues of EUR278.5 million (USD386.5 million) for the first quarter of 2014, a significant decrease on the EUR320.7 million (USD445million) achieved in the same period of 2013, which the company says is due to dives

Despite this significant decrease, the operating result (EBIT) of EUR 8.0 million (USD11.1 million) matched last year's level. The operating margin improved to 2.9 percent.

The company's Air + Ocean business segment generated revenues of EUR151.3 million (USD210 million) in the first quarter of 2014, slightly above the figure for the same period of 2013 (EUR148.9 million (USD206.6 million).

For the full year 2014, Logwin Group says it expects an improved result against the prior year despite the volatile market environment and one-time expenses for measures aiming at improving profitability.

Heavy Lift | News

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. 
Views: 301
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.
Views: 344

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.