MacGregor books big orders in US and China

MacGregor secured an order to supply cargo access equipment for 12 CIDO Shipping PCTCs, with options for 8 more, with deliveries from 2026 to 2029.

Cargotec is poised to rebrand to Hiab pending the demerger of Kalmar and potential sale of MacGregor.

Cargotec’s Q1 2024 report reveals record-breaking performance with EUR 137 million operating profit, marking its strongest start ever.

The guidance has been written to be used in conjunction with procedures already in place on ships, at terminals and in the wider transport chain.

There are shortages in car carrying capacity, especially in China, where the export of electric vehicles has soared in the past two years.

Cargotec is to reorganise and as part of this plan Kalmar, which is the division responsible for designing and manufacturing equipment for handling cargo, will be listed as an independent company.