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Logistics

News related to the tracking, movement and storage of iron and steel products.

Latest News

Terex Cancels Merger With Konecranes, But Strikes a Different Deal

16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.

Italian Mill Retains Harsco As Principal On-Site Contractor

09 September 2015 - A ThyssenKrupp stainless steel works has renewed a service contract with Harsco Metals & Minerals, Harsco has announced.

Material Handling Equipment Commissioned at New Vietnamese Steel Works

08 September 2015 - Germany’s SCHADE Lagertechnik is delivering bulk material handling equipment to Formosa Plastic Group’s Ha Tinh steel and power complex in Vietnam, SCHADE has announced.

Finished Steel Manufacturer Acquiring Online Services Provider

04 August 2015 - China-based Sutor Technology Group Ltd. has signed a nonbinding letter of intent to acquire a supply chain services business.

Konecranes Receives Order for Two Large Heavy-Duty Cranes From SSAB Europe

13 July 2015 - Konecranes received an order for two heavy-duty industrial cranes from SSAB Europe in May 2015.

Precision Strip Purchases CareGo’s TELIA™ Facility Optimization and Automation System

07 July 2015 - CareGo is pleased to announce that Precision Strip has purchased CareGo’s patent pending TELIA crane automation and optimization technology for use in the toll processor’s Perrysburg, Ohio service center.

JSW Steel (USA) Inc. Announces Agreement with PLS Logistics Services

25 June 2015 - JSW Steel (USA) Inc. ("JSW") has entered into an agreement with PLS Logistics Services ("PLS"), the largest industrial 3PL transportation services provider in North America.

Ace Launches New Websites for Custom and Standard Products

22 June 2015 - Ace World Companies has launched two new websites tailored to the target markets of its custom-built overhead crane business and the Advantage Hoist division, which provides standard hoists and other products to distributors and end users.

Hyster Announces New Short Wheelbase Industrial Lift Truck at AISTech 2015

08 May 2015 - Hyster Company, a leading heavy-duty materials handling equipment manufacturer, announced its new H300HD2S and H330HD2S industrial lift trucks at AISTech 2015, the nation’s largest steel exposition. Suitable for applications such as steel manufacturing, concrete and lumber, the new models are designed to offer 30,000-33,000 pounds of capacity with a shorter wheelbase.

Hyster-Yale Materials Handling, Inc. Announces First Quarter 2015 Results

05 May 2015 - Highlights: Consolidated revenues decreased 7.9% due to currency and lower unit volume Transition to new Brazil plant major driver of volume decline Lift truck segment gross margin increased to 16.7% from 16.5% despite negative currency Q1 2015 Lift truck segment net income declined to $17.5 million from $22.1 million in Q1 2014 Nuvera generated Q1 2015 operating loss of $6.0 million and net loss of $3.6 million

Konecranes PLC - Interim Report January–March 2015

01 May 2015 - Strong order intake, service result continued to improve,equipment result weak.

PSI Technics Selected to Make Presentation at AIST’s 22nd Annual Crane Symposium

28 April 2015 - PSI Technics, a leader in intelligent positioning control for bridge cranes, stacker cranes, and other rail-guided vehicles, will present "Motion Analysis for Determining and Improving Behavior of Automated and Manually Operated Cranes" during AIST’s 22nd annual Crane Symposium.

March Service Center Shipment Results Mirror February

20 April 2015 - U.S. shipments of steel were essentially flat year-on-year. Canadian results were similar, with a small decline in steel shipments.

General Steel's JV Launches UHF RFID Tag and Cloud-based Internet-of-Things Platform

10 April 2015 - General Steel Holdings, Inc., a leading non-state-controlled steel producer in China, announced its majority-owned joint venture, Tianjin General Shengyuan IoT Technology Co., Ltd. launched a new UHF RFID tag for iron and steel, and a cloud-based Internet-of-Things platform for steel logistics and bulk commodity management.

Tata Steel completes transformation of Steelpark into national processing hub

07 April 2015 - Tata Steel has completed a series of investments at its Steelpark site at Wednesfield in the West Midlands that has strengthened the site’s position as the UK’s largest steel processing centre.

Ovako Has Completed Acquisition of Tibnor Oy in Finland

01 April 2015 - Ovako has completed its acquisition of Tibnor Oy following approval from the European Commission and the competition authorities in Finland and Estonia.

Harsco Acquires Transportation Safety Products Provider Protran Technology

03 March 2015 - Harsco Corporation has acquired Protran Technology, a New Jersey-based leader in the design and production of safety systems for transportation and industrial applications. Terms of the transaction were not disclosed.

3tn: Efficient Storage of Slabs, Billets, Coils and Plate

19 February 2015 - Technical warehouse management system can be easily adapted to customer-specific requirements.

HEATMAXX, the Industry’s First Fusion Technology, High Temperature, Thermal Printed Labels & Tags

13 February 2015 - Q Star Performance Materials has unveiled HEATMAXX, the industry’s first thermal printed labels and tags, utilizing fusion technology.

Novolipetsk Improves Efficiency of Transportation Infrastructure Management System

04 December 2014 - NLMK Group has completed the first stage of its program to automate and transition its railway transport management and control system at the Lipetsk production site to modern highly reliable digital technologies.

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