KION Group plans expansion of production at Reutlingen site
Plan to increase production by up to 60 percent KION Warehouse Systems (KWS) company premises are to be expanded by at least 2600 square meters New build on the south side of the plant in close cooperation with political bodies and in compliance with nature conservation legislation A clear commitment by KION to KWS and Reutlingen KION Group is strengthening its position in Reutlingen with plans to expand its plant. The intralogistics...
U.S. Rail Traffic for the week ending November 19, 2022
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending November 19, 2022. For this week, total U.S. weekly rail traffic was 491,794 carloads and intermodal units, down 3.2 percent compared with the same week last year. Total carloads for the week ending November 19 were 235,887 carloads, down 0.6 percent compared with the same week in 2021, while U.S. weekly intermodal volume was 255,907...
Siemens Logistics wins important contract for new Noida International Airport in India
• Greenfield project to be equipped with Siemens baggage handling system • High-performing VarioTray technology and BagIQ software for excellent passenger experience • Terminal 1 to initially handle 12 million passengers per year Siemens Logistics has been awarded a contract to deliver the baggage handling system (BHS) for the new Noida International Airport (NIA), which will be constructed near Delhi, India. The scope of the contract...
Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index
October New Business Volume Up 6 Percent Year-over-year, 11 Percent Month-to-month and Nearly 6 Percent Year-to-date The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross-section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $11.3 billion, up 6 percent...
UgoWork secures $22.8M to scale connected Energy as a Service solutions for industrial vehicles
UgoWork™, a provider of flexible Energy as a Service (EaaS) solutions for industrial vehicles, announced the closing of its all-equity $22.8M Series B financing. This round was led by Fonds de solidarité FTQ, with participation from Export Development Canada (EDC), and existing UgoWork investors Desjardins Capital and Investissement Québec. Proceeds from series B will be used to accelerate the development efforts of its software and...
Staffing employment remains steady in November
Staffing employment was steady in the week of Nov. 7–13, edging up 0.3% to hold at a rounded value of 108. Staffing companies mentioned several factors—including conversions of temporary workers to permanent, a holiday, and seasonal business fluctuations—as barriers preventing further growth. Staffing jobs were up 0.5% from the same week last year. New starts rose in the 45th week of the year, increasing by 1% from the prior week....
Custom Industrial Products introduces “ChIP” as its new Brand Ambassador…and he’s quite the character
Say hello to ChIP, Custom Industrial Product’s newest addition to its family! ChIP acts as the brand ambassador for Custom Industrial Products, a leading material handling innovator specializing in vertical reciprocating conveyors (VRCs), mezzanines, and other safety-related products. ChIP is a reflection of Custom Industrial Products and its founding principles of hard work, and developing the right solutions based on safety and...
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