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April Monthly Leasing & Finance Index Says New Business Volume Up

May 23, 2019 —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 April was $8.8 billion — up 11% year-over-year from new business volume in April 2018. Volume was up 7% month-to-month from $8.2 billion in March. Year to date, cumulative new business volume was down 5% compared to 2018.

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Maintainer Introduces the H8524 Service Crane

May 22, 2019 - Maintainer Corporation of Iowa Inc. has added a new hydraulic crane to its line of work truck cranes: the H8524. The new H8524 telescopic crane has a maximum lift capacity of 8,500 lbs. and a reach of 24’ 6”.

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New Managing Editor Joins Crane Hot Line, Lift and Access

May 22, 2019 - Heartland Communications has named Alexis Brumm as managing editor for Crane Hot Line and Lift and Access magazines, as well as its supplements, Telecom & Utility Construction and Components & Consumables.

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Liebherr HS 8100 Duty Cycle Crawler Crane Used for Project in Puerto Rico

May 21, 2019 – A Liebherr HS 8100 duty cycle crawler crane was selected to work on the foundations of 32 private oceanfront homes in Puerto Rico. Densification Inc., a Virginia-based company, chose the crane to help prepare residential building lots as part of a multimillion dollar project within a five diamond resort. Densification is using a 20-ton weight dropped from 80 feet to prepare the site for further construction. The lots should be ready for home building in early 2020.

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Crosby Acquires Gunnebo Industries

May 21, 2019 - The Crosby Group has entered into an agreement to acquire Gunnebo Industries Holding AB from Segulah, a Nordic private equity firm. Gunnebo Industries is a player in the innovating, developing, manufacturing, and selling of products for material handling and other related applications.

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Steel Erectors Association Awards 2018 Person of the Year, Lifetime Achievement

May 21, 2019 - Jack Vernon Nix, Jr., vice president of operations for Shelby Erectors Inc., was named the 2018 Person of the Year by the Steel Erectors Association of America (SEAA). A veteran of the steel erection industry for nearly 25 years, Nix is also currently serving his fifth term on the SEAA board of directors.

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CM Labs Delivers New Edition of Training Simulators to Manitowoc

May 17, 2019 — CM Labs has developed the second in a series of groundbreaking simulators showcasing the intuitive Crane Control System (CCS) from Manitowoc Cranes. CM Labs’ CCS-driven Vortex simulators provide operator training and drive adoption of Manitowoc cranes by providing crane operators with direct experience of the benefits and capabilities of CCS equipped cranes.

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Worker Hospitalized After Crane Collapse in Fort Lauderdale

May 3, 2018 - Emergency crews rushed a worker to the hospital after a crane fell on him in Fort Lauderdale Thursday morning.

Officials say the piece of equipment fell just after 9 a.m. at a building located at 1850 South Ocean Lane.

Crews were able to get the man free and take him to Broward Health Medical Center as a trauma alert, but would not release details about his injury or how the crane fell.

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2 workers die when crane topples on dock in Southeast Texas

,Authorities say two workers were killed and another hurt when a crane fell on a marine dock in Southeast Texas.

Jaree Fortin, a spokeswoman for the city of Galveston, says investigators are trying to determine the reason the crane toppled over at Pelican Island on Wednesday morning. Fortin says foul play is not suspected.

The two were already dead when emergency responders arrived at the scene.

Authorities have not released the names or other details about the victims.

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Crane Hot Line is North America’s No. 1 source for new and used cranes for sale. Crane and rigging employed in construction are key to our content, and we deliver in-depth reports on products; business issues such as trends, safety, and technology; and regional job applications as they relate to mini cranes, boom trucks, knuckleboom cranes, rough-terrain cranes, crawler cranes, all-terrain cranes, truck cranes, tower cranes, financing, insurance, maintenance, training, certification, rigging, parts and accessories. These may include load moment indicators, slings, controls, outrigger pads, wire rope, and additional complementary products and services. Our website offers cranes for sale, want-to-buy listings, updated industry information including an industry event calendar, and a business directory of crane and parts manufacturers, dealers, rental, service, financing, insurance, and training companies. Crane Hot Line also features industry news and reports on crane accidents throughout North America.