News

German light and compact equipment manufacturer, Wacker Neuson, saw its second-quarter 2012 profit fall 38% to €13.8 million, down from €22.5 million in Q2 2011. The Munich-based firm’s quarterly earnings per share dropped 37.5% to 0.20 euros from last year's 0.32 euros. On a more positive note the company’s revenue in Q2 2012 quarter rose 6.5% percent to €284.2 million, from €266.9 million euros in the prior-year quarter.

The Sanef Group has made a healthy offer to CS for the acquisition of its intelligent transportation system (ITS) operations. The deal relates specifically to the ITS Business Unit, which employs approximately 220 people and recorded a revenue of € 31.4 million in 2011. Sanef is a global service road infrastructure provider, focussing on mobility.

KPI-JCI & Astec Mobile Screens took part in the recent M&T Expo in São Paulo, Brazil as part of a newly-established joint venture called Astec Agregados E Mineracao do Brasil between its parent corporation, Astec Industries, and MDE, a KPI-JCI & Astec Mobile Screens authorised dealership in Brazil. The company showcased its GT200DF, a trackmounted cone plant.

Xylem has opened a new sales and service office in Panama to provide greater customer support to the developing Latin American market. The water technology company, focused on addressing the world’s most challenging water issues, says the expansion reflects its commitment to expansion within emerging markets. The company’s Flygt and Godwin pumps are already being used for the Panama Canal expansion project for dredging and construction works.

A leading road safety campaigner has urged the UK government to show “much greater leadership” on the issue after new Department for Transport (DfT) figures revealed a rise in pedestrians, cyclists, and motorcyclists killed or seriously injured on Britain’s roads. The number of cyclists killed or seriously injured (KSI) on UK roads between April 1 and June 30, 2012 rose 13% to 700, compared to 621 over the same three months of 2011.

Yenisey River at US$394.7 million. The Krasnoyarsk-based Trasmost offered a bid of $450.6 million for the work while another Krasnoyarsk-based firm Sibiryak submitted a tender of $453.9 million for the bridge. This will be the fourth road bridge spanning the Yenisey River in Krasnoyarsk. All three companies said that the work will take 40 months to complete.

A new range of Doosan wheeled loaders has been launched for markets in the Middle East and Africa region. Building on the design of the previous Mega range, the new Doosan DL250A, DL300A and DL420A wheeled loaders offer several improvements.

Internationally renowned academic José Viegas of Portugal has begun work as the new chief executive of International Transport Forum (ITF), the global transport policy body. The ITF is an intergovernmental organisation with 54 member countries that acts as a strategic think tank for global transport policy and organises an annual summit of transport ministers.