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A hair's breadth away from the curve
Hupac aims to shift more freight back to rail by increasing the use of the left bank of the Rhine corridor and digitally transforming the intermodal transport chain. The company has now closed its 2025 financial year with a profit of CHF 3.5 million, and transport volume increased by 4.3 percent.
Top retrofit of the «World Cup camp»
In 2007, the German women's national football team won the World Cup and Apple presented its first iPhone. For KWM Weisshaar, the year was also marked by the construction of a new multi-story production hall equipped with Kasto's Unigrip buffer storage system. A retrofit was now underway, which was implemented smoothly.
New building with a signal effect
Not a "lighthouse" in the true sense, but a construction project that has a signal effect in its dimensions, architectural design as well as its future function, is now being created with the groundbreaking ceremony for the doubling of the office capacity of TGW Logistics for around 50 million euros at the main site in Marchtrenk.
GS1 Excellence Day at StageOne
Prominent speakers from across the world of logistics, business, science, and technology will converge on June 18th at the GS1 Switzerland Excellence Day at StageOne in Zurich-Oerlikon . The focus will be on data-driven intelligence and sustainable supply chains.
Opposite in Duisburg
Directly opposite its European headquarters, Clark is celebrating the expansion of its direct sales operations in Duisburg with the official opening of its premises in the Asterlagen business park. The "Western Branch" is intended to serve as an "exclusive interface" to drive market potential in the region.
A new hunt for record times
The StaplerCup season is starting again at Linde Material Handling in Germany. Experienced forkliftoperators and enthusiastic newcomers can now register to qualify at over 20 venues both in Germany and abroad. The final will be held in Aschaffenburg in October.
Kemaro establishes US subsidiary
“The USA is no longer an experiment; it is our next major revenue driver”says Kemaro, the Eschlikon-based manufacturer of cleaning robots. The company has already sold over 1,500 robots to more than 600 industrial customers worldwide. With $5 million in fresh capital, it now aims to enter the next phase of its expansion.
SVTL meets in a historic setting
The general assembly of the Swiss Association for Temperature-Controlled Logistics will take place on May 8th Castle and Lenzburg , in addition to the usual agenda items, personnel management, modern advertising for skilled workers on social media and the question of whether humanoid robots will one day be helpful .
Logistics expert: "Masters at balancing uncertainties"
The days of unlimited supply chains are over. Global just-in-time supply chains are now on new leadershipThe 20th Logistics Day of the Kühne Logistics University (KLU) in Hamburg focused
New opportunities with «GreyMatter»
"Fifty Shades of Grey" is a moderately boring movie about teen fantasies concerning first sexual experiences with the opposite sex. "Grey Orange" be more exciting for some: a global provider of AI-powered software for warehouse control and inventory management, whose "GreyMatter"software Dematic now wants to profit from.
Kion is putting the brakes on costs
Kion is putting the brakes on costs
Only seemingly a contradiction: Although the group's revenue in 2024 rose to 11.5 billion (previous year: 11.4 billion), and EBIT to 917 million euros (previous year: 791 million), CEO Rob Smith sees the need for cost-cutting measures – not only to maintain the market position, but to expand it further.
“Kion is at a pivotal point in its history. Our preliminary results for fiscal year 2024 demonstrate that we can deliver strong results in a challenging environment,” said Rob Smith. “We are the first in the industry to work with NVIDIA’s physical AI to create the warehouse of the future and reshape our industry.”.
At least it seems the group and its key brands have done their homeworkThese. are interesting formulations that suggest changes are underway.
CEO R. Smith
“European economies are only slowly gaining momentum,” the executive board stated, referring to the macroeconomic environment. This affects key customer industries in the Industrial Trucks & Services segment (forklift trucks), where Chinese competitors are expanding their market position in the wake of the recent pandemic, and where important production areas have already been streamlined. While internal programs for the continuous improvement of product, production, and service processes were already implemented in 2024 and will continue, further structural measures are intended to achieve a cost-optimized setup in Europe. This is expected to impact staffing requirements and will be discussed with the relevant employee representatives.
The planned package of measures aims to achieve annual savings of approximately €140 to €160 million. However, implementing these savings could also incur costs of €240 to €260 million in 2025. CFO Christian Harm confirms: "We need to optimize our cost base. This requires structural and sustainable measures."
The final results for the fourth quarter and fiscal year 2024, as well as the detailed forecast for fiscal year 2025, are scheduled to be published on February 27, 2025.
At the end of 2023, more than 1.8 million KION industrial trucks were in operation worldwide, used by customers of various sizes in numerous industries across six continents. The company currently employs more than 42,000 people.
