All Crane & Specialized Transport Articles
“Virtually every manufacturer is working off a backlog - there are a lot of new crane sales but not a lot of new crane deliveries. Production is stretched out so far that availability is driving up the prices of used cranes. Most customers can't wait six months for a crane so they start looking for something used.”
The Health and Safety Guide, published by Penny Hydraulics
Higher than expected inflation figures in the US caused stock markets around the world to fall sharply in mid-May. Crane shares also dropped, although some of the losses were not as severe as those of the mainstream indicators. Chris Sleight reports
The IC50 is the original ranking of the world's largest crane owning companies and this year there are big changes. Not only has the main list been expanded yet again but the way that the main index is calculated has also changed. This is an attempt to better reflect the capability of those companies with heavy duty cranes and attachments. Due in part to this change there is a new number one and plenty of movement further down the table. Read on for full details
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