#Cargo Rail Crane Market Trend

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Cargo Rail Crane Market Trends and Future Growth Expectations 2024 - 2032

The cargo rail crane market plays a crucial role in the transportation and logistics industry, providing essential equipment for loading and unloading cargo from trains. These specialized cranes are designed to operate efficiently in railway environments, enhancing the productivity and safety of cargo handling operations. This article explores the cargo rail crane market, detailing its features, applications, advantages, challenges, and future trends. The cargo rail crane market is poised for substantial growth as the demand for efficient and safe cargo handling solutions increases in the transportation and logistics sectors. 

Understanding Cargo Rail Cranes

1. What are Cargo Rail Cranes?

Cargo rail cranes are heavy-duty lifting equipment specifically designed for use in rail yards and cargo terminals. They facilitate the efficient movement of containers, bulk materials, and heavy loads between trains and storage areas. These cranes can be stationary or mobile and are often equipped with advanced features for improved performance.

2. Key Features of Cargo Rail Cranes

Lifting Capacity: Cargo rail cranes are designed to handle heavy loads, often exceeding several tons, making them suitable for various cargo types.

Rotational Movement: Many cranes feature a rotating mechanism that allows for precise positioning of the cargo, improving efficiency during loading and unloading.

Durability: Built to withstand harsh environmental conditions, cargo rail cranes are typically constructed from robust materials that ensure longevity and reliability.

Market Analysis

1. Current Market Trends

The cargo rail crane market is experiencing growth due to several key trends:

Increased Rail Freight Traffic: The rising demand for rail transportation as a cost-effective and environmentally friendly option is driving the need for efficient cargo handling solutions.

Technological Advancements: Innovations in crane technology, such as automation and IoT integration, are enhancing operational efficiency and safety in rail cargo operations.

Focus on Infrastructure Development: Government investments in railway infrastructure are creating opportunities for upgrading and expanding cargo handling capabilities.

2. Market Segmentation

The cargo rail crane market can be segmented based on various criteria:

Type: This includes stationary cranes, mobile cranes, and gantry cranes, each serving different operational needs.

Application Area: Key applications span across freight terminals, intermodal facilities, and manufacturing plants.

Region: Major markets include North America, Europe, Asia-Pacific, and Latin America, each with unique growth dynamics and regulatory environments.

Advantages of Cargo Rail Cranes

1. Enhanced Efficiency

Cargo rail cranes significantly improve loading and unloading speeds, reducing turnaround times for trains and enhancing overall operational efficiency.

2. Improved Safety

Equipped with advanced safety features, cargo rail cranes minimize the risk of accidents during cargo handling, ensuring a safer working environment for operators and personnel.

3. Cost-Effectiveness

By facilitating faster cargo movement and reducing manual labor requirements, cargo rail cranes can lead to significant cost savings in freight operations.

Challenges Facing the Market

1. High Initial Investment

The cost of purchasing and installing cargo rail cranes can be substantial, which may deter smaller operators or facilities from investing in this equipment.

2. Maintenance and Downtime

Regular maintenance is essential to ensure optimal performance of cargo rail cranes, and any downtime can disrupt operations and lead to increased costs.

3. Competition from Alternative Transport Modes

The cargo rail crane market faces competition from other modes of transport, such as trucks and ships, which may be preferred in certain logistics scenarios.

Future Outlook

1. Innovations in Automation

The integration of automation and robotics in cargo rail cranes is expected to enhance efficiency, reduce labor costs, and improve safety in operations.

2. Sustainability Initiatives

As environmental concerns grow, there will be an increased emphasis on energy-efficient cranes and eco-friendly practices in the rail industry.

3. Growth in Emerging Markets

Emerging economies are likely to see increased investments in rail infrastructure and freight transportation, creating significant opportunities for the cargo rail crane market.

Conclusion

With their enhanced efficiency, improved safety features, and cost-effectiveness, cargo rail cranes are becoming indispensable tools in freight operations. As technological advancements and sustainability initiatives continue to evolve, the cargo rail crane market will play a vital role in optimizing rail logistics, ensuring the seamless movement of goods across the globe.

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Shipping Container Market Landscape: Trends, Drivers, and Forecast (2023-2032)

The Shipping Container market is projected to grow from USD 10,408.79 million in 2024 to USD 13,780.72 million by 2032, at a compound annual growth rate (CAGR) of 3.57%.

Shipping containers are large, standardized steel boxes designed for intermodal freight transport, meaning they can be used across different modes of transport – from ship to rail to truck – without unloading and reloading their cargo. Developed in the mid-20th century, these containers revolutionized global trade by significantly reducing the cost and time of cargo transport, enhancing efficiency, and improving the security of goods. Typically, shipping containers are 20 or 40 feet long, though variations exist to accommodate different types of cargo. Their standardized design allows them to be easily stacked and handled by various types of equipment, such as cranes and forklifts, facilitating the seamless transfer of goods across the world. The durability and robustness of shipping containers, made from weathering steel, protect their contents from the harsh conditions at sea and in transit.

Additionally, they come in various types, such as dry containers, refrigerated containers (reefers) for perishable goods, open-top containers for oversized cargo, and tank containers for liquids. Beyond their primary use in transportation, shipping containers have found secondary applications in architecture and construction, being repurposed into homes, offices, and storage units due to their modular and sturdy nature. This adaptability, combined with their role in the global supply chain, underscores the shipping container's significance in modern logistics and trade.

Shipping Container Market Trends:

The shipping container market is experiencing several significant trends driven by various global economic, technological, and environmental factors. Firstly, the rising demand for efficient and cost-effective transportation solutions is propelling the growth of the shipping container market. The increasing globalization of trade and the expansion of e-commerce have heightened the need for reliable and scalable freight transport options, making shipping containers an essential component of the logistics infrastructure.

Another notable trend is the shift towards more sustainable and eco-friendly container solutions. With growing environmental concerns and stringent regulations aimed at reducing carbon emissions, there is a surge in the adoption of green containers. These include containers made from recycled materials and those designed for energy efficiency, such as refrigerated containers with advanced insulation and energy-saving refrigeration units.

Technological advancements are also playing a pivotal role in shaping the shipping container market. The integration of Internet of Things (IoT) technology and smart sensors in containers is enhancing the tracking, monitoring, and management of cargo. These innovations provide real-time data on container location, condition, and security, thus improving supply chain transparency and efficiency.

The trend towards containerization in non-traditional sectors is another factor driving market growth. Industries such as agriculture, pharmaceuticals, and retail are increasingly utilizing containers for their supply chain needs due to the advantages of standardized transport and enhanced protection of goods. For instance, the use of refrigerated containers is expanding in the food and pharmaceutical industries to maintain the quality and safety of perishable and temperature-sensitive products during transit.

Moreover, the market is witnessing a growing interest in container modification and repurposing. The versatility of shipping containers makes them suitable for various secondary applications, including portable storage units, pop-up retail shops, and even residential and commercial buildings. This trend is particularly prominent in urban areas where space constraints and sustainability goals drive the adoption of innovative container-based solutions.

Geopolitical factors and trade dynamics are also influencing the shipping container market. Trade tensions, tariff regulations, and shifts in manufacturing hubs are impacting container flows and demand patterns. For example, the relocation of manufacturing activities from China to other regions, such as Southeast Asia and India, is altering traditional shipping routes and container usage.

Key Player Analysis

P. Moller–Maersk Group

CARU containers

COSCO SHIPPING Development Co. Ltd

China International Marine Containers

CXIC Group

Singamas Container Holdings Limited

OEG Offshore limited

TLS Offshore Containers International

W&K Containers Inc.

YMC Container Solutions

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Here are the key challenges facing the shipping container market:

Supply Chain Disruptions: Unpredictable events such as natural disasters, pandemics, and geopolitical conflicts can cause significant disruptions in the global supply chain, leading to container shortages or surpluses and affecting the overall market dynamics.

Port Congestion: Increasing trade volumes and inadequate port infrastructure can result in severe congestion at major ports, causing delays in container handling and movement, which impacts the efficiency of global shipping operations.

Environmental Regulations: Stricter environmental regulations aimed at reducing carbon emissions and improving sustainability require significant investments in eco-friendly containers and alternative fuels, posing a financial challenge for industry players.

Fluctuating Freight Rates: Volatility in freight rates, influenced by factors such as fuel prices, demand-supply imbalances, and economic conditions, can create financial uncertainty and impact the profitability of shipping companies.

Technological Integration: While technological advancements offer benefits, integrating new technologies like IoT and smart sensors into existing container fleets can be costly and complex, requiring substantial investment and expertise.

Trade Policies and Tariffs: Changing trade policies, tariffs, and international trade agreements can impact container flows and demand, creating uncertainty and potential disruptions in the market.

Container Maintenance and Management: Ensuring the timely maintenance and repair of containers to meet safety and operational standards is a significant logistical and financial challenge for shipping companies.

Security Concerns: The risk of cargo theft, piracy, and smuggling presents ongoing security challenges that require robust measures and technologies to protect containers and their contents.

Capacity Constraints: Limited container manufacturing capacity and the time required to build new containers can lead to supply constraints, especially during periods of high demand, affecting market availability and pricing.

Adaptation to New Standards: The introduction of new industry standards and practices, such as those related to container tracking and data sharing, necessitates ongoing adaptation and compliance efforts from market participants.

Segments:

Based on Container Size

Large Containers (40 Feet)

Small Containers (20 Feet)

High Cube Containers (40 Feet)

 Based on Product Type

Dry Storage Containers

Flat Rack Containers

Refrigerated Containers

Special-purpose Containers

Others

Based on End-User

Food and Beverages

Consumer Goods

Healthcare

Industrial Products

Vehicle Transport

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Cargo Handling Equipment Market Outlook, Trends, Report 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global cargo handling equipment market size at USD 24.63 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global cargo handling equipment market size to grow at a steady CAGR of 3.5% reaching a value of USD 30.28 billion by 2029. Major growth drivers for the global cargo handling equipment market include globalization, rapid industrialization, and increasing cargo activities. Cargo handling equipment has garnered significant attention due to its multifaceted benefits, which encompass the mitigation of revenue losses stemming from protracted cargo loading and unloading procedures. Moreover, this equipment augments the efficiency of cargo handling operations, reinforces safety protocols, and diminishes the probability of accidents. Significantly, it expedites cargo processing by streamlining cargo movement within docks and warehouses, thereby enhancing precision and reducing handling durations. Also, the equipment curtails the risk of worker injuries and the occurrence of accidents, thereby elevating safety benchmarks within the industry. However, high initial cost is anticipated to restrain the growth of the overall market during the period in analysis.

Global Cargo Handling Equipment Market – Overview

Cargo handling equipment encompasses specialized off-road, self-propelled vehicles and machinery used in intermodal rail yards and ports to handle containers, bulk goods, and liquid cargo transported by sea, air, or rail routes, with additional functions including scheduled maintenance and repairs. This equipment includes a range of machines such as mobile cranes, yard trucks, rubber-tired gantry cranes, side handlers, reach stackers, top handlers, loaders, forklifts, sweepers, dozers, excavators, and aerial lifts. The choice of equipment depends on the specific cargo type. Tankers are equipped with pumping systems, hose-handling cranes, and tank cleaning machinery. Dry-bulk carriers often rely on shoreside facilities, but some feature self-unloading mechanisms like conveyors or deck-mounted cranes. Reefer vessels are designed with refrigerated cargo holds and extensive refrigeration systems. Given the global dominance of containerized cargo transportation across land, air, and sea, precise handling of containers is vital, particularly at sea, where challenging weather conditions and strong winds prevail.

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Impact of COVID-19 on Global Cargo Handling Equipment Market

COVID-19 pandemic adversely affected the global cargo handling equipment market. Lockdown restrictions during the outbreak led to the closure of manufacturing units in this market. Despite the initial challenges caused by a lack of skilled professionals, there is a projected resurgence in the supply sector post-lockdown, as restrictions are gradually lifted. Also, the heightened demand for cargo handling and transportation services has created growth opportunities for the market in the aftermath of the pandemic, underscoring the profound impact of COVID-19 on the global cargo handling equipment market.

Global Cargo Handling Equipment Market – By Equipment

Based on equipment, the global cargo handling equipment market is divided into Industrial Trucks Tow Tractors, Conveying Equipment, Stackers, and Port Cranes segments. The industrial trucks tow tractors segment holds the highest share in the global cargo handling equipment market by equipment. The segment's prominence is attributed to the vital role tow tractors play in the efficient movement of materials and cargo within industrial settings, such as warehouses, factories, and distribution centers. Tow tractors are prized for their versatility and ability to tow heavy loads, making them indispensable for various logistics and materials handling operations. Their reliability, ease of use, and adaptability to diverse applications have contributed to their widespread adoption, solidifying their position as a key driver of the cargo handling equipment market.

Competitive Landscape

Major players operating in the global cargo handling equipment market include Hangcha Forklift, Siemens Logistics GmbH, TOYOTA INDUSTRIES CORPORATION, Terex Corporation, Anhui Heli, Textron Ground Support Equipment Inc., Liebherr-International Deutschland GmbH, TLD, KION GROUP AG, ABB, Hoist Material Handling, Inc., Hyster-Yale Group, Inc., and Konecranes. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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Terminal Tractor Market Size, Share & Trends Analysis Report By Product, By Distribution Channel, By Region, And Segment Forecasts, 2022 – 2028

Global Terminal Tractor Market was valued at USD 629.41 million in 2021 and is expected to reach USD 828.26 million by the year 2028, at a CAGR of 4%.

A terminal tractor is a specialty truck that is developed for fast, safe, and coherent movement of semi-trailers or cargo containers.  In addition, terminal tractors are used at terminals, distribution centers, ports, and various other industrial applications that boost the efficiency of the movement of goods. A Terminal Tractor provides the operator the ability to "spot" and "stage" trailers up to 3 or 4 times faster than a traditional truck tractor. In addition to speed and efficiency, it can also reduce the Worker's Compensation Insurance exposure. The operator can spot a trailer without leaving the cab platform area that means the least opportunity for the operator to sustain an injury related to moving trailers. Terminal Tractors or Yard Trucks as they are sometimes referred to are available in several different configurations, depending on your company's individual need.

The research presents a full analysis of the pandemic's influence on the whole industry, as well as an outline of market scenarios before and after COVID-19. All of our reports will be modified before distribution to account for the impact of COVID-19 in order to offer a more accurate market prediction. The research study looks at numerous market segments based on type, application, and geographies. The research also includes a competitive analysis of the top Terminal Tractor product providers, as well as their most recent advances. This study is divided into three sections: type, application, and region, with market size and forecasts for each area. For the predicted period, yearly compound growth rates for all segments have also been presented.

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Key Industry Players in Terminal Tractor Market:

·         Kalmar

·         Orange EV

·         TTS

·         Terberg Special Vehicles

·         Capacity Trucks

·         Volvo

·         Sany

·         Konecranes

·         MAFI Transport-Systeme GmbH

·         TICO Tractors

·         Blyyd

·         Crane Carrier Company

·         CVS Ferrari

·         Terberg

·         Hoist Liftruck

·         Hyster

·         Liebherr

·         Linde

·         MOL CY

·         REV Group and other major players.

The cost of battery electric terminal tractors outweighs all advantages they have. A battery-powered terminal tractor is substantially more expensive, and it needs a charging station to provide electricity. Although there are incentives available to lower the buying price, applying for them can be challenging. The terminal tractor's batteries can take several hours to recharge, depending on the charging system's capacity and the capabilities of the on-vehicle charging equipment.

Segmentation Analysis Includes,

By Type:

·         Manual

·         Automated

By Propulsion:

·         Diesel

·         Hybrid

·         Electric

·         CNG

By Ownership:

·         Rental

·         Industrial & Commercial

By End-Use Industry:

·         Retail

·         Food & Beverages

·         Inland Waterways & Marine Services

·         Rail Logistics

·         Others

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Reasons to Purchase this Market Report:

·         Market forecast analysis through recent trends and SWOT analysis

·         Terminal Tractor Market Dynamics Scenarios with Market Growth Opportunities over the Next Year

·         Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts

·         Terminal Tractor Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.

·         Competitive environment related to the Terminal Tractor market share for key players, along with new projects and strategies that players have adopted over the past five years.

Post the COVID-19 recovery phase, the terminal tractor market will witness an upward trend, owing to rising shipment of material, warehousing, and related logistical activities in food & beverage, pharmaceutical, and automotive industries. Manufacturers and distributors in the food & beverage industry are mitigating supply chain challenges due to consumer panic buying, which, in turn, will soar the demand for terminal tractors.

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The global terminal tractor market is experiencing a considerable growth, and will grow significantly in the next few years. Terminal tractors tend to play a pivotal role in an array of different sectors. They are pretty akin to large cargo vans found on the road. However, terminal tractors are exclusively designed for use near a cargo plot, or a hayloft. As they are not intended to be used on the open road, they home in on roving at a dawdling, safe speed while carrying as much cargo as possible.

Related Report: -

https://introspectivemarketresearch.com/reports/4wd-tractor-market/

https://introspectivemarketresearch.com/reports/agricultural-tractor-tires-market/

https://introspectivemarketresearch.com/reports/aircraft-tractor-market/

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Intermodal Freight Transportation Market Report and Future Opportunity Assessment, Size, Share Forecast to 2025

The Intermodal Freight Transportation Market is expected to register a CAGR of 8.27% over the forecast period from 2020 to 2025. As companies evaluate new ways to reduce freight costs and their carbon footprint, alternative transportation mode options should be considered when moving long freight distances. While trucking remains the most dominant mode of shipping products domestically, intermodal freight transport offers freight savings and reduced emissions, especially when transporting products over distances of 500 miles or more. Optimizing each transport method's relative strengths and efficiencies, intermodal can help reduce cargo handling, damage, and loss, enabling freight to be transported more securely and at lower overall costs. - According to the Council of Supply Chain Management Professionals State of Logistics Report, transportation comprises 66% of total logistics costs. Failing to proactively manage the transportation network can cause these costs to rise as trucking challenges such as driver shortages and productivity-hampering trucking regulations constrict capacity in the years ahead. If the organization seeks to minimize supply chain disruption, mitigate supply risk, and lower transportation costs, intermodal can be a powerful solution. Adding intermodal into the transportation mix delivers tangible cost savings. Incorporating multiple modes of transportation into the carrier base reduces reliance on a single source of capacity. Supply chain leaders who use multimodal freight moves could realize short and long-term benefits by leveraging each mode of transportation's strengths.

Click Here to Download Sample Report >>  https://www.sdki.jp/sample-request-90617 - Moreover, the U.S. Environmental Protection Agency (EPA) reports that using intermodal transport for shipments over 1,000 miles can cut fuel use and greenhouse gas emissions by as much as 65%, relative to truck transport alone. A truck that can transport 40,000 lbs from Los Angeles to Boston produces approximately 4.35 tons of carbon emissions. The same 40,000 pounds, which could be shipped via intermodal rail, produces 1.75 tons of carbon emissions, significantly less. Intermodal transportation can effectively help reduce a company's carbon footprint. The EPA estimates that every ton-mile of freight moves by rail instead of highway can reduce greenhouse emissions by two-thirds. This is essential as companies are continually working to reduce their carbon footprint to comply with environmental regulations and meet their own corporate sustainability goals. - Extensive intermodal rail facilities are challenged by high truck volume and often serve the trucks in the order they arrive at a crane, which is not optimal. Efficiencies can be gained by calling the trucks to the crane to match the containers' stacking order rather than shuffling boxes to serve the trucks on a first-come, first-served basis. This makes the trucker with transactions to significantly reduce the need to contact the terminal, helping terminals capture billable processes and events. Items such as checking whether a waybill is in place well before a trucker's arrival at the gate could be managed with the help of a mobile software application. This capability could help drivers perform advanced check-in and check-out, complete service requests confirm unit locations, and receive parking location updates from a mobile phone. - The market is witnessing significant mergers and acquisitions by multiple companies to increase their presence. In February 2020, Elemica, a digital supply network provider for various industries, has acquired Eyefreight, a provider of multimodal SaaS Transportation Management Solutions. The combination is expected to create a unified global logistics and supply chain network. Together, the clients could take advantage of Elemica's comprehensive end to end supply chain network while providing it's clients the ability to incorporate transportation management capabilities to their supply chain. These capabilities will leverage a connected network of carriers and logistics service providers for multimodal visibility and business intelligence. - In January 2020, Transplace, a provider of logistics technology solutions and transportation management services, has acquired Lanehub, a cloud-based platform, and community that encourages shipper-carrier collaboration by automatically identifying and connecting companies with parallel freight lanes to save on shipping expenses. The software is capable of matching recurring freight lanes consistently, increasing fleet revenue, reducing transportation costs, and improving overall carrier service and performance. Lanehub's collaboration network currently includes over 150 shipper members, 250 carrier members, 180,000 lanes, and over USD 23 billion in truckload spend. Lanehub customers have over 26 million matches within Lanehub's network.

Key Market Trends Rail and Road Transport is Expected to Hold Significant Share - Intermodal transportation provides predictable and reliable shipment of freight, and it’s available at a compelling price and could be integrated into existing freight transportation systems. The United States rail industry accounts for more than 40 tons of freight per capita, and intermodal shipments usually take place in 53-foot-long containers. One intermodal train can move the same amount of freight as 280 trucks, according to an estimate by railroad CSX. Shippers, in general, are considering multiple factors when looking to use intermodal transportation, such as inefficiencies related to railroad conversions to precision scheduled railroading (PSR), the availability of shipping equipment, load pricing, and the ongoing truck driver shortage. - While demand has increased for a more efficient and faster shipment of goods, the rail industry has worked to improve operations by implementing precision scheduled railroading. PSR regards the shipment of the same amount of freight with fewer railcars and locomotives, using a planned direct line for shipments across a rail network. Conventional trains move freight when full, but under PSR, trains begin to move at a set time whether the freight is there. PSR's goal is to enable faster speeds, longer trains, and less dwell time in terminals. However, as the rail industry has moved to PSR, it’s impacted existing shipping lanes and led to a reduction in equipment and staff. - Rail carriers in the United States and neighboring countries have worked to upgrade equipment, improve shipping schedules, reduce loading and unloading times, and increase the number of lanes to support multiple delivery locations. The United States intermodal rail system extends throughout the United States, touching every major port with some coast-to-coast service offerings faster than the truck. Mexico has an excellent rail system extending across most of the country, with well-established rail connections at the Unites States border. Canada has two major railroads that run coast-to-coast: the Canadian National Railway (CN) and the Canadian Pacific Railway (CP). - Technology and intermodal rail are helping shippers to meet the challenges of the transportation environment. CSX Transportation operates over a network of over 40 terminals. The intermodal business serves across significant markets east of the Mississippi and the transportation of goods in multiple containers, providing companies with service similar to trucking for shipments moving over 500 miles. CSX CSX Transportation surveyed transportation management system providers to gain insight into transportation through intermodal rail. Intermodal rails are more focused on cost savings and capacity. Adding a transportation management system, beginning a multimodal conversion journey, or gaining the best use of both will advance shipper objectives. - The international and domestic intermodal sector has not entered the restart phase in terms of returning to pre-COVID-19 pandemic levels, failing to exhibit the same bounce back seen in trucking, and railroads may not see a full recovery until some point in 2021. Shippers will be slower to return to rail because discretionary spending and industrial production will take a while to recover, and truckload rates will be very competitive. Intermodal volume had fallen between 10 and 20% below the five-year average in each week of the second quarter of 2020, according to Association of American Railroads (AAR), reaching its low point in mid-March, when the volume was down 18% from the same week over the last five years. According to AAR, the intermodal volume has declined 15% in the first nine weeks of the second quarter and 11% in 2020 through the end of May. North America is Expected to Hold Significant Share - The intermodal freight transportation market in the North American region is increasingly dependent on the consumer economy's demand. The rail industry in the region is concentrating on creating new intermodal services that can successfully rival the over the road options. In August 2019, Canadian National Railway (CN) and CSX Transportation announced a new intermodal service offering between CN's greater Montreal and Southern Ontario areas, and the CSX-served ports of New York, New Jersey, Philadelphia, and the New York City metropolitan area. This intermodal offering is expected to convert long-haul trucks to interline various rail services. Trains will be able to run directly into the center of Toronto and Montreal's urban markets via CN intermodal yards, making this partnership a natural opportunity for both railroads. - In North America, total intermodal volumes decreased 7.4% in the last quarter of 2019, comparing year-on-year with 2018, according to the Intermodal Association of North America. Domestic containers decreased by 2.7%, international shipments, and trailers decreased by 9.1% and 21.4%, respectively. The region is also witnessing significant new players entering the market. For instance, in May 2020, The Firmament Group, a provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced the formation and launch of Envase Technologies, a provider of cloud-based transportation management systems and mobile applications for intermodal transportation providers, including third-party logistics companies, drayage carriers, global freight forwarders, and intermodal marketing companies. The company will provide service to 500+ intermodal customers spanning ports and terminals across nearly all 50 states in the U.S., Canada, and Mexico. - In February 2019, Wabtec Corporation, a US-based company, has completed its merger with GE Transportation, a former business unit of GE. This merger is expected to establish Wabtec Corporation as a Fortune 500, global transportation and logistics player by combining Wabtec's broad range of freight, transit, and electronics products with GE Transportation's equipment, services, and digital solutions locomotive, mining, marine, stationary power, and drilling industries. The company plans to accelerate lifecycle solutions for the transportation industry and unlock significant productivity for customers by improving interoperability, efficiency, and competitiveness. Wabtec expects to benefit from the cyclical tailwinds the industry witnessed, including volume growth of 38 million carloads and intermodal units. - Intermodal volume has been on a steady decline in the region since mid-February due to COVID-19, an aberration in typical seasonal trends based on the five-year average. In the last week of March 2020, North American intermodal rail volumes fell to the lowest point in nearly a decade, underscoring the dramatic fall-off in containerized imports and slowing growth in the shipment of trailers and domestic containers. According to a JOC.com analysis of data from the Association of American Railroads and BNSF Railway, intermodal volume declined 15% year over year to 339,125 containers and trailers in the week ending March 27, the worst final week of a first-quarter since 2013. The decline in volumes is contributing to a deep financial hit to Class I railroads, a rail industry analyst with Deutsche Bank, reckons will cost the industry some USD 9 billion in revenue, including intermodal and railcar business, and USD 4.7 billion in profits this year. Request For Full Report >> https://www.sdki.jp/sample-request-90617 Competitive Landscape The Intermodal Freight Transportation market is moderately fragmented, as the few players are entering the market to provide various software and services related to support intermodal transportation methods. Moreover, the acquisitions have been a key trend observed across the years in the market. Some of the key players include Oracle Corporation, Cognizant Technology Solutions Corp, HighJump (Körber AG), Blue Yonder Group, Inc. (JDA Software), etc. - July 2020 - Transplace has launched its Platform Services, including analytics and benchmarking tools, a command center with real-time visibility and optimization, and network collaboration. Shippers that utilize JDA, Oracle, and other resource planning systems to manage their supply chains can directly feed their data into the Company's Platform Services via standard API connections. - February 2020 - JDA Software, Inc., announced that it would be named Blue Yonder. The name change is part of a company's strategy of a re-branding initiative to better align its name with its cloud transformation and product roadmap, embracing a future full of innovation, continuous improvement, and better customer experience. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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[digitalconvo]

Crane Rail Market Promising Growth Opportunities and Forecast 2018-2028

Global Crane Rail Market: Snapshot

The crane rail market offers products and services necessary for loading cargos on rails through various loading mechanisms. The global crane rail market also provides essential goods and services for and accident recovery work and permanent way (PW) maintenance, essential for the operation of railways. The crane rail market is expected to register healthy growth in the near future as infrastructure developments in Asia Pacific region pick up speed.

Primary foundation of the crane rail market is a railroad crane. It is known by many names including wrecker, crane car, breakdown crane, etc. The smallest rail cranes are used as goods yard cranes. Currently, cranes for this purposes are relatively cheap, mobile and flexible.

Maintenance work on rail tracks is often undertaken by a wide variety of cranes. Maintenance work on railway tracks can range from installing signal systems to track laying. While general cranes are sufficient for simple tasks, specialized trains are deployed for track laying.

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Accident recovery work involves the use of large cranes, which includes space for human accommodation as well as for equipment. These trains are designed to undertake tasks as large as lifting the rolling stock back in its original place.

Additionally, crane rail market players also provide constructed arrangements, which are ideal for loading large cargos. A popular type among these is a rail-mounted gantry crane. This structure is rooted with pillars connecting a bridge. This is ideal for rapid and regular cargo movement across short distances.

New generation of products in the crane rail market includes advanced crane rails which can perform maintenance work as well as recovery work. These advanced wreckers can be driven on roads as well to get to an emergency point quickly. Similarly, they can reach upto 75mph on train tracks, and come equipped with telescopic boom and counterweight.

Global Crane Rail Market: Overview

Crane rails are intended for the transportation of heavy loads and are utilized several applications. They are utilized by cranes, contingent on the sorts of load courses of action. They are utilized in the vehicle business for emptying and stacking cargo and in assembling industry for amassing substantial gear. Earlier, cranes were physically controlled by workers and utilized pulley and ropes for lifting objects. As of now, the cranes are comprised of cast iron and steel which has expanded the sturdiness and the transportation has made less demanding by giving movement on the rails.

This report gives top to bottom investigation of the global crane rail market, focusing on opportunities and market restraints, alongside the most recent trends driving the market. The report sections the global crane rail market dependent on its application, region and product.

Global Crane Rail Market: Trends and Opportunities

An expansion in foundation spending is foreseen to drive the global crane rail market from 2018 to 2026. An ascent in assembling exercises over the globe is additionally foreseen to drive interest for cranes and crane rails sooner rather than later. Cranes rails are utilized in different businesses, for example, delivery, navigation, and mining.

Nonetheless, an expansion in the utilization of mobile cranes is foreseen to represent a danger to the crane rail market over the coming years. Cranes are made or introduced at the chosen form of employment site for lifting purposes. When the utilization of cranes is finished, they are dismantled. Versatile cranes are conservative, require lesser collecting space, and kill the utilization of rails. This is relied upon to control the crane rail market in the following couple of years.

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Global Crane Rail Market: Market Potential

The U.S. government has made frameworks for encouraging construction and infrastructure, in this way making occupations in the business. Asia Pacific, especially China contributed about half the portion of the aggregate value.

As expressed by the International Monetary Fund, the global financial growth rate is rising, bolstered by monetary development in Asia and Europe. Corporate tax reductions presented by the U.S. are additionally expected to help the financial development in North America.

The financial situation is favorable for the improvement of infrastructure for example, railways, streets, airplane terminals, business and lodging foundations and an expansion in exchange and mining movement. This is expected to augment interest for cranes, and, thus, crane rails in the coming years.

Global Crane Rail Market: Regional Outlook

The crane rail market in Asia Pacific is driven by India and China, where the crane business is vigorous, in this manner expanding the interest for crane rails. Interest for crane rails in China is foreseen to increment at a consistent pace as the development of super tasks added to the repertoire and street activities (BRI) is expanding. This is evaluated to impel the crane rail market region over the coming years.

Global Crane Rail Market: Competitive Landscape

Prominent vendors operating in the global crane rail market are British Steel, Hebei Yongyang, L.B. Foster, BaoTou Steel, ArcelorMittal, and Metinvest.

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Cargo Handling Equipment Market Huge Growth Opportunity between 2019-2026

Around the world "Cargo Handling Equipment Market" this measurable reviewing report gives comprehensive and start to finish examination accessible which can help an undertaking with recognizing remunerating possibilities and help them with assembling inventive business frameworks. The market report gives information about the current market circumstance concerning the general agilely and sales, key market models and openings in the market, and inconveniences and dangers looked by the business players.

The report gives supportive pieces of information into a wide extent of business points, for instance, fragments, features, bargains structures, designing models, to interface with perusers to verify show augmentation impressively more proficiently. Additionally, the report in addition uncovers understanding into progressing new unforeseen developments and mechanical stages, paying little mind to unequivocal contraptions, and strategies for thinking that will help with moving the presentation of attempts.

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Significant Key Market Competitors of this Global Cargo Handling Equipment Market –

Hangcha, Siemens, Toyoto Industries Corporation, Terex Corporation, Anhui Heli Industrial Vehicle Imp.& Exp. Co., Ltd, Textron Ground Support Equipment Incorportated, HYSTER, JBT, TLD, KION GROUP AG, Hoist Liftruck Mfg, LLC., Mitsubishi Motors North America, Inc., Gantrex, Cargotec, Konecranes, Liebherr-International Deutschland GmbH, SANY GROUP.

Highlights of the Cargo Handling Equipment Market Report:

Exact market size and CAGR forecasts for the period 2019-2026.

Identification and in-depth assessment of development opportunities in key segments and regions.

Complete company profiling of top players of the Cargo Handling Equipment market.

Exhaustive research on innovation and other trends of the Cargo Handling Equipment market

Consistent industry value chain and supply chain analysis

Complete examination of key growth drivers, restraints, challenges and development prospects.

Global Cargo Handling Equipment Market Segmentation –

Equipment Type is Divided Into:

Aviation Dollies

Stacker

Pallet Jack

Loaders

Conveyor System

Automated Guided Vehicle

Forklift Trucks

Cranes

Application is Divided Into:

Air Cargo

Marine Cargo

Land Cargo

Product is Divided Into:

Trucks

Man Lifts

Rail Pusher

Electric Pallet Jacks

Excavators

Tractors

Bulldozers

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Regional Analysis for Cargo Handling Equipment Market:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The examination framework joined the assessment of different sections affecting the market, including the connection technique, certified scene, present and chronicled information, current market plans, mechanical turn of events, gaining upgrades and the specific ground in related endeavors, and market threats, openings, advance squares, and bothers.

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Motivations To Buy :-

The conveyed report is accumulated using an energetic and concentrated investigation procedure

A complete picture of the significant circumstance of "Cargo Handling Equipment" promote is depicted by this report.

The report contains an immense proportion of data about the continuous thing and inventive headways in the business areas.

It similarly gives an absolute evaluation of the ordinary lead about the future market and changing business division circumstance.

Settling on an informed business decision is a troublesome assignment; this report offers a couple of indispensable business methods to help you in choosing those choices.

To research the overall key areas advance potential and upheld position, opportunity and challenge, limitations and risks.

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Terminal Tractor Market Strategic Insights and key Business Influencing Factors | Major Players – SANY GROUP, Hyster-Yale Group, Inc., CVS Ferrari, Linde Material Handling, Mol, AB Volvo, Liebherr Group.

Terminal Tractor Market are those semi- tractors whose main function is to carry semi-trailers within a warehouse facility, intermodal facility or cargo yard. In simple words they are specially designed for the loading and unloading of material. They are manly used in the port activities so they can handle goods. They are widely used in applications such as airport, marine port, logistics, and oil & gas. By shutting and moving semi-trailers at a work site, terminal tractors help with productivity and effectiveness.

Global terminal tractor market is set to witness a steady CAGR of 3.97% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing automation in terminal tractors and growing demand for manual terminal tractor are the factor for the growth of this market.

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Competitive Analysis: Global Terminal Tractor   Market

Few of the major competitors currently working in the global terminal tractor market are Cargotec, Konecranes, TERBERG SPECIAL VEHICLES, SANY GROUP, Hyster-Yale Group, Inc., CVS Ferrari, Linde Material Handling, Mol, AB Volvo, Liebherr Group, Hoist Material Handling, Inc., Blyyd, TICO TRACTORS, CAPACITY TRUCKS, Crane Carrier, LLC, Orange EV., REV Group, MAFI Transport-Systeme GmbH, Kalmar Ottawa., Sinotruk among others.

 Key Pointers Covered in the Global Terminal Tractor Market Trends and Forecast to 2026

Global   Terminal Tractor Market New Sales Volumes

Global   Terminal Tractor  Market Replacement Sales Volumes

Global   Terminal Tractor Market Installed Base

Global   Terminal Tractor Market By Brands

Global   Terminal Tractor Market Size

Global   Terminal Tractor  Market Procedure Volumes

Global   Terminal Tractor Market Product Price Analysis

Global   Terminal Tractor Market Healthcare Outcomes

Global   Terminal Tractor Market Cost of Care Analysis

Global   Terminal Tractor Market Regulatory Framework and Changes

Global   Terminal Tractor Market Prices and Reimbursement Analysis

Global   Terminal Tractor Market Shares in Different Regions

Recent Developments for Global   Terminal Tractor Market Competitors

Global   Terminal Tractor Market Upcoming Applications

Global   Terminal Tractor Market Innovators Study

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 Key Developments in the Market:

In February 2019, Toyota Industries North America announced the acquisition of Hoist Liftruck Manufacturing and will be renamed as Hoist Material Handling. This acquisition will help the company to expand their Heavy Duty line and help them to strengthen their position in the market

In August 2015, Kalmar and Orange EV announced their partnership so they can create zero emission, electrical terminal tractor. The company is planning to integrate Orange EV’s technology into the Kalmar Ottawa T2 terminal tractor. The main aim of the collaboration is to provide customers with cleaner and more efficient trailer spotting

 Scope of the Terminal Tractor   Market

Global Terminal Tractor Market By Axle (4x2, 4x4), Tonnage (<50 Ton, 50–100 Ton, >100 Ton), Application (Airport, Marine Port, Oil & Gas, Logistics), Propulsion Type (Diesel, Electric, Hybrid, CNG), Type (Manual, Automated), Logistic Industry (Retail Industry, Food & Beverage, Inland Waterways & Marine Services, Rail Logistics, RORO, Others), Models (On- Road Trucks, Off- Road Trucks), Technology (Manual, Autonomous, Semi- Autonomous), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Global terminal tractor market is set to witness a steady CAGR of 3.97% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing automation in terminal tractors and growing demand for manual terminal tractor are the factor for the growth of this market.

Terminal tractors are those semi- tractors whose main function is to carry semi-trailers within a warehouse facility, intermodal facility or cargo yard. In simple words they are specially designed for the loading and unloading of material. They are manly used in the port activities so they can handle goods. They are widely used in applications such as airport, marine port, logistics, and oil & gas. By shutting and moving semi-trailers at a work site, terminal tractors help with productivity and effectiveness.

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Key insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key Market players involved in this industry

Detailed analysis of the Market Segmentation

Competitive analysis of the key players involved

About Us:

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Port Equipment Market Size Estimation, Growth Rate, and Future Trends, 2025

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs.

The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East.

Based on equipment type, the straddle carriers segment is estimated to lead the port equipment market during the forecast period. These are used for lifting and lowering containers, both vertically and horizontally. Straddle carriers are used in container handling have lifting capacities ranging from 40 to 60 tons. As per the industry experts, the demand for straddles is mostly generated from port terminals in Germany, the Netherlands, and the UK. Equipment manufacturers are focused on offering hybrid straddle carriers for port terminals owing to the growing requirement of advanced cargo handling equipment equipped with advanced technologies.

https://www.marketsandmarkets.com/Market-Reports/port-equipment-market-184119530.html

Based on application, the container handling application segment of the port equipment market is estimated to have the highest CAGR during the forecast period. The increase in seaborne trade in the last few years has led to an increase in the deliveries of marine vessels. With the increase in global maritime trade, the marine ports will be required to modernize to increase their container handling capacity. Increasing global imports and exports coupled with increasing maritime shipping are likely to drive the demand for port equipment.

Asia Pacific region shows the highest potential for implementation of port equipment

The port equipment market in the Asia Pacific region is expected to witness high growth during the forecast period. Port equipment are expected to be deployed in large numbers in port terminals, thereby providing various application areas of operations. In recent years, the maximum transportation of containers has been noticed from South Korea, China, Singapore, and India. According to the World Shipping Council, of the top 50 container port terminals in terms of handling million TEU in 2016, 24 were in Asia. These included China, Japan, Malaysia, Indonesia, Singapore, and Thailand.

The major players in the port equipment market include Liebherr (Switzerland), TTS (Norway), Kalmar (Finland), Konecranes (Finland), Sany (China), Shanghai Zhenhua Heavy Industries (ZPMC) (China), Hyster (US), Lonking (China), CVS Ferrari (Italy), Anhui Heli (China), and Famur Famak (Poland), among others. Kalmar is one of the key market players engaged in contracts and acquisitions to increase the sale of port equipment for different applications.

Kalmar is one of the global leader offering new advanced port container handling equipment. The company has made several contracts with end users for supplying tractors and reachstackers, among others. In January 2018, the company has a supply contract for 10 TL2 terminal tractors from Trac-Wheels (Malaysia), a company involved in the sale and leasing of construction and container handling equipment in East Malaysia. The tractors are to be offered on lease to the Miri Port and Tanjung Manis Port terminals located in East Malaysia for integrated cargo handling solutions.

Konecranes is a publicly held company founded in 1910. It is one of the fastest-growing cranes supplying companies in the European region. Konecranes offers unique and customized solutions to its clients to cater to their requirements. Port equipment package offered by the company includes container reach stackers, straddle carriers, rail mounted gantry cranes, rubber tired gantry cranes, mobile harbor cranes, and automated terminal tractors. It allows customers to configure their own container handling process to meet their requirements. The company has over 48 customers across the globe.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Automated Port Terminals Market: Estimated To Be Driven By Innovation And Industrialization By 2027

Automated Port Terminals Market: A Snapshot

Despite significant strides in automotive, mining, and construction, automation continues to lag behind in ports. However, with the advent of new suitable technology, the automated port terminals market is poised to embed far more technology in the near future. The automated port terminals include five key components. Among these are automation in equipment, equipment-control automation, and terminal tower control.

Automated equipment has become a necessity for port terminals despite high initial investment costs and many a times, low factor costs. The automation is equipment makes way for stable and smooth operations in yard operations, ship to shore, gate automation, and ground transportation. There are several projects around the world where these are implemented successfully and its importance continues to rise as, thanks to the added consistency and efficiency to operations.

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The automation in port terminals also includes equipment-control systems. These systems are designed to make operations smoother and gather important information that lead to better decision making. Although there is no easy-fit for equipment of various kinds with a wide range of surfaces, however automation in tasks like gate-operating is making ways for advanced sophistication which is essential. The automatic identification of containers and trucks makes way for a much smoother experience both for suppliers as well as port authorities.

The control tower is in many ways the brain behind the smooth-functioning of ports. Automation in this area can go a long way in coordinating and optimizing workflow management, forecasting, and gaining crucial control over critical objectives. The new fields such as Big Data and Artificial Intelligence are making ways for better forecasting and analytics. This is expected to drive better human-machine interactions and better relationship with the port community as a whole.

The automation in port is gaining momentum for growth for the automated port terminals market as benefits become clearer to port authorities and governments like the US, India, and China invest large sums to upgrade port facilities for a better global commerce.

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Global Automated Port Terminals Market – Competitive Landscape

In September 2019, Cargotec’s division, MacGregor, designed the cargo system for the world’s largest container ship, MSC Gülsün.

In July 2019, Konecranes received an order from Klaipeda Container Terminal (KCT) in Lithuania for two Ship-to-Shore (STS) cranes. This is the second order after the Gottwald Model 5 Mobile Harbor Crane of Konecranes which was delivered in June 2019.

Cargotec Corporation

Established in 2005, Cargotec Corporation is headquartered in Helsinki, Finland. The company is focused on providing cargo and load handling solutions. The company majorly deals in Kalmar, Hiab, and MacGregor business areas. Cargotec Corporation operates in more than 100 countries.

Orbita Port & Terminals

Established in 2006, Orbita Port & Terminals is based in Valencia, Spain. The company engages in designing and commissioning automation engineering solutions within the ports and terminals sector. The company provides gate automation, crane automation, yard automation, rail automation, and management solutions within its portfolio to cater within automated port terminals market.

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Container Handling Equipment Market Likely to Emerge over a Period of 2025

Container handling equipment market: Introduction

As a result of globalization and industrialization, the foreign trade of bulk commodities materials has significantly increased which is transported via containers through airways, marine and roadways. To load and un-load the containers at air cargo terminals, marine ports and other logistic stations, the container handling equipment considered as the feasible option. Moreover, container handling equipment such as truck, crane, hoist and others completed the process of transferring the goods from one place to another with less complexities. The aspect of cargo handling of the containers on ships and airplanes becomes critical which require containers handling equipment’s. With evolving technology, containers handling equipment also automated and recognized as megatrend in the container handling industry. Automated container handling and lifting technology developed hastily, focusing on the cranes handling the intermediate storage of containers in the yard. Furthermore, emerging manufacturing amenities, escalation in initiatives for automated security and safety and evolution in expansion of warehouses, are propelling the growth of containers handling equipment containers.

Container handling equipment market: Dynamics

The growing emphasis on precaution for labors on production floor, increasing need of automation in different industry, rising e-commerce industry will continue to encourage the containers handling equipment. The increase in trade activities between nations across geographical regions is projected to augment transportation of commodity materials which in turn is expected to fuel the demand of container handling equipment.  Another significant influencing dynamic is investments in the marine and logistics infrastructure. As mentioned above, there is an increasing container handling trend, which is expected to accelerate over the forecast period. With growing water and air business transportation between economies, container handling equipment market is also propelling.

Additional capital cost associated with containers handling equipment expected to hinder the growth of material handling equipment market. Furthermore, when an integrated container handling equipment installed in any industry, failure in any portion of equipment lead to downtime of production system. Furthermore, high maintenance of equipment is also become a factor to hampering market growth.

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Container handling equipment market: Segmentation

On the basis of product type industry containers handling equipment market can be segmented as

Automated RTG (ARTG) System.

Automated RMG (ARMG) System

Ship-to-Shore Gantry Cranes

Straddle Carriers.

Rubber-Tired Gantry Cranes

Rail-Mounted Gantry Cranes

On the basis of end user industry containers handling equipment market can be segmented as

Chemical

Automotive

E-commerce

Aviation

Building and construction

Food and packaging

Electronics and semiconductor

Healthcare and others

On the basis of technology industry containers handling equipment market can be segmented as

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Container handling equipment market: Regional Outlook

As global industrialization and related logistics is set to augment their presence over the coming years, and there is major opportunity that the container handling equipment industry to develop ahead. The Asia Pacific region is expected to dominate the global container handling equipment market in countries such as India and China owing to manufacturing facilities involving a fair share of material imports as well as exports. Europe and North America the high adoption of automotive techniques in end use industries in U.S., Germany, France and others. North America, followed by Asia pacific is expected to show significant growth due to the elevated demand of safety handling equipment. Consequently, Latin America market is expected to make large investment in containers handling equipment market over the forecast period. Demand from Middle East and Africa region for containers handling equipment raises owing to rapid industrialization in E-commerce, food and packaging, pharmaceutical and chemical industry.

Container handling equipment market: Market Participants

Some of the prominent players in containers handling equipment market are

Port Finance International B.V.

GEA Group

Cargotec Corporation

Nilkamal Limited

VDL Groep bv

HYSTER

Port Equipment Manufacturers Association, PEMA

Timars container handling equipment

Taylor Machine Works Inc.( The Taylor Group of Companies)

Cargotec

Satomas

TANDEMLOC, Inc

STEELBRO

ELME Spreader

Stinis®

PINTSCH BUBENZER GMBH

Amzone International Ltd.

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Crane Rail Market – Expected to attain its true potential in the near future 2018-2028

Global Crane Rail Market: Overview

Crane rails are intended for the transportation of heavy loads and are utilized several applications. They are utilized by cranes, contingent on the sorts of load courses of action. They are utilized in the vehicle business for emptying and stacking cargo and in assembling industry for amassing substantial gear. Earlier, cranes were physically controlled by workers and utilized pulley and ropes for lifting objects. As of now, the cranes are comprised of cast iron and steel which has expanded the sturdiness and the transportation has made less demanding by giving movement on the rails.

This report gives top to bottom investigation of the global crane rail market, focusing on opportunities and market restraints, alongside the most recent trends driving the market. The report sections the global crane rail market dependent on its application, region and product.

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Global Crane Rail Market:

An expansion in foundation spending is foreseen to drive the global crane rail market from 2018 to 2026. An ascent in assembling exercises over the globe is additionally foreseen to drive interest for cranes and crane rails sooner rather than later. Cranes rails are utilized in different businesses, for example, delivery, navigation, and mining.

Nonetheless, an expansion in the utilization of mobile cranes is foreseen to represent a danger to the crane rail market over the coming years. Cranes are made or introduced at the chosen form of employment site for lifting purposes. When the utilization of cranes is finished, they are dismantled. Versatile cranes are conservative, require lesser collecting space, and kill the utilization of rails. This is relied upon to control the crane rail market in the following couple of years.

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Global Crane Rail Market: Market Potential

The U.S. government has made frameworks for encouraging construction and infrastructure, in this way making occupations in the business. Asia Pacific, especially China contributed about half the portion of the aggregate value.

As expressed by the International Monetary Fund, the global financial growth rate is rising, bolstered by monetary development in Asia and Europe. Corporate tax reductions presented by the U.S. are additionally expected to help the financial development in North America.

The financial situation is favorable for the improvement of infrastructure for example, railways, streets, airplane terminals, business and lodging foundations and an expansion in exchange and mining movement. This is expected to augment interest for cranes, and, thus, crane rails in the coming years.

Global Crane Rail Market: Regional Outlook

The crane rail market in Asia Pacific is driven by India and China, where the crane business is vigorous, in this manner expanding the interest for crane rails. Interest for crane rails in China is foreseen to increment at a consistent pace as the development of super tasks added to the repertoire and street activities (BRI) is expanding. This is evaluated to impel the crane rail market region over the coming years.

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Global Crane Rail Market: Competitive Landscape

Prominent vendors operating in the global crane rail market are British Steel, Hebei Yongyang, L.B. Foster, BaoTou Steel, ArcelorMittal, and Metinvest.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

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China Testing, Inspection, and Certification (TIC) Market: Lucrative Business Opportunities And Challenges

San Francisco, 01 October 2018 - The China testing, inspection, and certification (TIC) market size is anticipated to reach USD 55.1 billion by 2025, according to a new report by Grand View Research, registering a 9.1% CAGR during the forecast period.

High standards of living of Chinese citizens and increased focus of customers on quality and safety of food products and consumer goods such as toys, personal care and beauty products, and electrical and electronic appliances are driving the market.

The China TIC market is expected to register strong growth owing to government investments in the transportation, energy, and construction sectors. The Chinese government has introduced favorable policies for international players to establish their foothold in the country and to achieve progressive liberalization.

Previously, most companies in China conducted their testing, inspection, and certification operations in-house. However, with growing acceptance of the China Compulsory Certification (CCC), greater emphasis is placed on need for strict regulatory standards and certifications and this has led to increase in outsourcing TIC activities in China due to cost benefits. This growing trend of outsourcing is anticipated to further drive the market over the forecast period. Increased accessibility of the domestic market for international players and provision of cost-effective solutions by TIC service providers will also benefit the market.

Leading industry participants include AsureQuality Limited, Bureau Veritas SA, DEKRA SE, DNV GL Group AS, Intertek Group PLC, Lloyd’s Register Group Limited, and SGS S.A. Other notable players in the market include TUV Rheinland AG Group; Underwriters Laboratories Inc.; Asia Quality Focus; HQTS Group Ltd.; InTouch Services Ltd.; China Inspection Co., Ltd.; Centre Testing International; China Certification & Inspection Group; Asia Quality Control; V-Trust; TUV SUD; TUV Nord; American Bureau of Shipping; Hartford Steam Boiler; Larsen & Toubro; Asia Inspection; China Building Material Test & Certification Group Co. Ltd.; China Special Equipment Inspection and Research Institute; and China Classification Society.

To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/china-testing-inspection-certification-tic-market

Further key findings from the report suggest:

The China TIC market is witnessing considerable growth owing to increasing number of investments from international incumbents

By service, the inspection segment is expected to register the highest CAGR of 10.3% over the forecast period

TIC forms an integral part of the infrastructure and transportation sectors in China and hence, the growth of these two sectors is expected to drive demand for testing inspection, and certification activities

Key industry participants include AsureQuality Limited, Bureau Veritas SA, DEKRA SE, DNV GL Group AS, Intertek Group PLC, Lloyd’s Register Group Limited, and SGS S.A.

Browse More Reports Of Same Category: www.grandviewresearch.com/industry/technology

Grand View Research has segmented the China testing, inspection, and certification (TIC) market based on service type, sourcing type, and application:

China TIC Service Type Outlook (Revenue, USD Billion, 2014–2025)

Testing

Inspection

Certification

China TIC Sourcing Type Outlook (Revenue, USD Billion, 2014–2025)

In-house

Outsourced

China TIC Application Outlook (Revenue, USD Billion, 2014–2025)

Consumer Goods & Retail

Personal Care & Beauty Products

Hard Goods

Soft-liners & Accessories

Toys & Juvenile Products

Electrical & Electronics

Others (Detergents and Non-woven products)

Agriculture & Food

Seed & Crop

Fertilizers

Commodities

Beverages

Alcoholic

Beer

Spirits

Wine

Others (Cider and Cocktails)

Non-alcoholic

Carbonated soft drinks

Fruit drinks

Bottled water

Functional beverages

Sports drinks

Others (Milk-based drinks)

Others (Forestry and Food packaging)

Chemicals

Asset Integrity Management Services

Project Life Cycle Services

Finished Product Services

Chemical Feedstock Services

Others (Lab design and Operation & Commissioning)

Infrastructure

Project Management

Material Services

Construction Machinery & Equipment Services

Facilities Management & Inspection Services

Others (Supply Chain Services and Quality Health & Safety)

Energy & Power

Energy sources

Nuclear

Wind

Solar

Alternative fuels

Fuel Oil & Gases

Coal

Hydropower

Others (Geothermal energy, Tidal energy)

Power generation

Power Distribution

Asset Integrity Management Services

Project Life Cycle Services

Others (Technical Staffing and Quality & Safety)

Manufacturing

Suppliers Related Services

Production & Products Related Services

Projects Related Services

Others (Logistics and Safety)

Healthcare

Medical Devices

Health, Beauty, and Wellness

Clinical Services

Laboratory Services

Biopharmaceutical & Pharmaceutical Services

Others (Training and Staffing)

Mining

Inspection & Sampling Service

Analytical Service

Exploration Service

Metallurgy & Process Design

Production & Plant Services

Project Risk Assessment & Mitigation

Oil & Gas and Petroleum

Upstream

Midstream

Downstream

Biofuels & Feedstock

Petrochemicals

Asset Integrity Management Services

Project Life Cycle Services

Others (Functional safety services)

Public Sector

Product Conformity Assessment

Monitoring Services

Valuation Services

Others (Road Safety Traffic, E-government, and Technical Verification Programs)

Transportation

Automotive

Electrical Systems & Components

Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems

Telematics

Fuels, Fluids, and Lubricants

Interior and Exterior Materials and Components

Vehicle Inspection Services (VIS)

Homologation Testing

Others (Aftermarket distribution)

Aerospace & Defense

Services for Airports

Services for Aviation

Services for Aerospace

Marine

Marine Fuel Systems & Component Services

Ship Classification Services

Marine Materials & Equipment Services

Others (Cargo, Crane, and Vessel)

Rail

Rail Testing Services

Rail Inspection Services

Rail Certification Services

Others (Lab Testing and Supplier Accreditation)

Supply Chain & Logistics

Packaging & Handling

Risk Management

Others (Audits, Certification, and Training)

Others

Browse Press Release of this Report: www.grandviewresearch.com/press-release/china-testing-inspection-certification-tic-market-analysis

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

[dani-qrt]

Trade War. Iran Sanctions. Political Chaos. There Goes Italy’s Economic Groove.

GIOIA TAURO, Italy — From its headquarters in Calabria, the poorest, least-developed region in Italy, Gruppo Ventura looked out on the world and spotted a potentially lucrative growth opportunity — Iran.

The family-owned company installs railroad tracks. The Italian economy was sluggish, while Iran was poised to develop rapidly, having promised to abandon its pursuit of nuclear weapons in exchange for relief from crippling international sanctions.

The deal that Gruppo Ventura struck last year with an Iranian partner was modest, but the possibilities seemed big. Then, President Trump withdrew the United States from the Iran nuclear deal, dealing a blow to companies across Europe. A few weeks later, Mr. Trump imposed tariffs on steel and aluminum, provoking outrage among European allies, while threatening to make steel more expensive.

Along the way, the Italian political system served up the sort of agita-inducing drama for which it is rightfully famous, sowing worries that all of Europe could be vulnerable to a fresh crisis.

So much for Europe’s improved fortunes. So much for Gruppo Ventura’s international expansion.

“We were expecting to expand in Iran, build rails,” said Gruppo Ventura’s chief financial officer, Alessandro Ventura. “We are not expecting to do these things anymore.”

Across Europe — and especially within Italy — recent times have produced a series of bewildering, potentially expensive events that have conspired to replace a spirit of optimism with deepening concern.

Only a few months ago, Europe was the leading example of the vigor the global economy was gaining after the trauma of a world downturn. Even Italy, Europe’s traditional problem child, was growing.

But Mr. Trump’s decision to walk away from the Iran nuclear deal threatens to cost European companies billions of dollars in lost sales, with German, Italian and French players especially exposed. The reimposition of sanctions on Iran stands to limit the flow of its oil to world markets. This prospect has lifted fuel prices, applying pressure to European economies.

This month, Mr. Trump refused to spare Europe from his tariffs on steel and aluminum, then used an annual meeting of major democracies to double-down on his clash with allies, enhancing fears of trade conflict.

Gruppo Ventura presents itself as relatively insulated against such shocks, given that the Italian government pays it to service rail tracks — the sort of activity that must continue. Still, company executives are concerned that the cost of rail tracks will climb along with the price of steel.

“Everything is a bit more complicated,” said Gruppo Ventura’s chairwoman, Maria Antonietta Ventura.

All of this has been playing out against the latest outbreak of Italian political drama, which has placed power in the hands of two populist parties, the Five Star Movement and the League. They have promised to deliver tax cuts and a basic income program — unconditional cash grants for all — without elaborating on how they plan to pay for them, creating fresh worries about Italy’s alarming public debt. Their hostility toward the euro, the currency shared by 19 European nations, has reinvigorated concerns about its endurance.

This trifecta of troubles — higher oil prices, American steel tariffs and a crisis of confidence in the government — has turned Italy into a leading export of an unwanted commodity: worry.

“All three of those are going to have quite a big impact on sentiment this year, and probably add to quite a big slowdown,” said James Nixon, chief European economist at Oxford Economics in London. “It’s not a very pretty combination.”

On the afternoon when word broke that Mr. Trump would not exempt Europe from his metals tariffs, Claudio Capponi was struggling to calculate the impact.

He is the commercial director of IRON, a publicly traded company that makes industrial parts. Its factory sits in Assisi, in the central Italian province of Umbria. Until the moment that the American president rendered his decision, Mr. Capponi was confident the Continent would be spared.

“Europe is too good of a trade partner for the United States for President Trump to do this,” he said.

Giant coils of steel shipped from mills in France were spread across the concrete floors of his factory. As the sound of pounding metal echoed through the cavernous plant, machines sliced steel into customized shapes — arms for earth movers destined for the United States, silos to hold wind turbines, decks of cargo ships.

Given that IRON is a buyer of steel, the company might benefit from the American tariffs. Steel now shipped to the United States from mills within Europe might stay here to avoid the tariffs, raising the supply and lowering prices locally even as they increase in much of the world. Chinese producers that export to American shores could divert their product to Europe, amplifying this trend.

But Mr. Capponi was banking on none of this. Even if he pays less for steel, his customers are likely to squeeze him for lower prices. More broadly, the American tariffs — justified by the Trump administration as a defense of national security — reverberated as a blow against world trade.

“We depend on access to a global market,” Mr. Capponi said. “It’s the uncertainty that is driving us mad. We are looking out the window at what is going on outside of our factory. We’re worried about the precedent of these tariffs. We are worried the forces of protectionism are being set loose. The landscape is so unclear.”

Before the 1979 revolution in Iran, Italian companies were key players there, building a port at Bandar Abbas, on the Persian Gulf. After the revolution, and before the advent of international sanctions, Italian energy and construction companies were a significant presence.

Once the Obama administration and leaders of other world powers struck the nuclear deal with Iran three years ago, Italy saw a chance to reclaim its perch. Iran was a land of 80 million people in need of upgrades to its electrical grid, its ports, its transportation systems.

Last year, Italy exported more than 1.7 billion euros (nearly $2 billion) worth of goods to Iran, up from €1.2 billion in 2015, according to the European Union. Only Germany exported more, sending nearly €3 billion worth of goods to Iran.

Invitalia, an Italian government agency that promotes trading opportunities, created a company focused on expanding investment in Iran. The new entity was authorized to provide loan guarantees to support Italian ventures in Iran.

Invitalia was soon inundated with proposals from Italian companies. The agency was mulling which to back when the United States announced the resumption of Iran sanctions, asserting this would pressure Tehran to curb its support for terrorism and its development of advanced missiles. The Trump adminstration gave companies three to six months to wrap up activities there.

“This project is on pause,” said Domenico Arcuri, chief executive officer of Invitalia. “We are waiting for the situation between the United States, Europe and Iran to be clarified. In this condition, these projects will be suspended for a long time.”

American sanctions not only bar domestic companies from doing business in Iran but also threaten foreign businesses with being frozen out of the American financial system. Given that the American dollar remains the dominant means of global exchange, that prospect has halted most transactions.

Before Mr. Trump’s decision, Giorgio Meniconi, owner of a small factory in Tuscany, was preparing plans to expand in Iran. His company, Tecon, makes a tool used to slice leather into shoes, jackets and bags.

For years, counterfeit versions of his product have circulated in Iran, the handiwork of Chinese factories. He took the nuclear deal as impetus to register his company trademark in Iran and forge a relationship with a local distributor.

But last month, the distributor called and canceled the deal. Since Mr. Trump opted to reinstate sanctions, Iran’s currency has plunged against the euro, making Tecon’s products too expensive.

“I had great hopes for Iran, because I saw it as a gateway to other markets in central Asia,” Mr. Meniconi said. “The hopes we were building were shattered.”

In the years before Gruppo Ventura secured its Iran venture, Mr. Ventura traveled there some 20 times. In March 2017, he signed a €2 million contract (about $2.3 million) to service a section of rail outside Tehran.

He shipped two locomotives used to tamp down the rocks below railroad tracks. They went out on a freighter from Gioia Tauro, a port on the Tyrrhenian Sea that has long been notorious as a Mafia-run conduit for cocaine trafficking.

In August, Mr. Ventura stood at the Iranian port of Bandar Abbas in 122-degree heat, watching a crane hoist the locomotives onto the docks.

Now, those machines are effectively marooned, the business halted. Gruppo Ventura has lost its appetite for adventurous expansion.

“We are wary of going into markets that America dislikes, because we never know what they will say,” said Ms. Ventura, the chairwoman.

Five company technicians dispatched to Iran to maintain the locomotives have returned here, to the company’s warehouse.

“It was a beautiful thing that our company would go,” the head mechanic, Renato Tocci, said. “Our hope was that our business would grow. Now, it’s a time where everything is stalled.”

The post Trade War. Iran Sanctions. Political Chaos. There Goes Italy’s Economic Groove. appeared first on World The News.

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Crane Rail Market Real Time Analysis & Forecast 2018 – 2028

Global Crane Rail Market: Snapshot

The crane rail market offers products and services necessary for loading cargos on rails through various loading mechanisms. The global crane rail market also provides essential goods and services for and accident recovery work and permanent way (PW) maintenance, essential for the operation of railways. The crane rail market is expected to register healthy growth in the near future as infrastructure developments in Asia Pacific region pick up speed.

Primary foundation of the crane rail market is a railroad crane. It is known by many names including wrecker, crane car, breakdown crane, etc. The smallest rail cranes are used as goods yard cranes. Currently, cranes for this purposes are relatively cheap, mobile and flexible.

Maintenance work on rail tracks is often undertaken by a wide variety of cranes. Maintenance work on railway tracks can range from installing signal systems to track laying. While general cranes are sufficient for simple tasks, specialized trains are deployed for track laying.

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Accident recovery work involves the use of large cranes, which includes space for human accommodation as well as for equipment. These trains are designed to undertake tasks as large as lifting the rolling stock back in its original place.

Additionally, crane rail market players also provide constructed arrangements, which are ideal for loading large cargos. A popular type among these is a rail-mounted gantry crane. This structure is rooted with pillars connecting a bridge. This is ideal for rapid and regular cargo movement across short distances.

New generation of products in the crane rail market includes advanced crane rails which can perform maintenance work as well as recovery work. These advanced wreckers can be driven on roads as well to get to an emergency point quickly. Similarly, they can reach upto 75mph on train tracks, and come equipped with telescopic boom and counterweight.

Global Crane Rail Market: Overview

Crane rails are intended for the transportation of heavy loads and are utilized several applications. They are utilized by cranes, contingent on the sorts of load courses of action. They are utilized in the vehicle business for emptying and stacking cargo and in assembling industry for amassing substantial gear. Earlier, cranes were physically controlled by workers and utilized pulley and ropes for lifting objects. As of now, the cranes are comprised of cast iron and steel which has expanded the sturdiness and the transportation has made less demanding by giving movement on the rails.

This report gives top to bottom investigation of the global crane rail market, focusing on opportunities and market restraints, alongside the most recent trends driving the market. The report sections the global crane rail market dependent on its application, region and product.

Global Crane Rail Market: Trends and Opportunities

An expansion in foundation spending is foreseen to drive the global crane rail market from 2018 to 2026. An ascent in assembling exercises over the globe is additionally foreseen to drive interest for cranes and crane rails sooner rather than later. Cranes rails are utilized in different businesses, for example, delivery, navigation, and mining.

Nonetheless, an expansion in the utilization of mobile cranes is foreseen to represent a danger to the crane rail market over the coming years. Cranes are made or introduced at the chosen form of employment site for lifting purposes. When the utilization of cranes is finished, they are dismantled. Versatile cranes are conservative, require lesser collecting space, and kill the utilization of rails. This is relied upon to control the crane rail market in the following couple of years.

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Global Crane Rail Market: Market Potential

The U.S. government has made frameworks for encouraging construction and infrastructure, in this way making occupations in the business. Asia Pacific, especially China contributed about half the portion of the aggregate value.

As expressed by the International Monetary Fund, the global financial growth rate is rising, bolstered by monetary development in Asia and Europe. Corporate tax reductions presented by the U.S. are additionally expected to help the financial development in North America.

The financial situation is favorable for the improvement of infrastructure for example, railways, streets, airplane terminals, business and lodging foundations and an expansion in exchange and mining movement. This is expected to augment interest for cranes, and, thus, crane rails in the coming years.

Global Crane Rail Market: Regional Outlook

The crane rail market in Asia Pacific is driven by India and China, where the crane business is vigorous, in this manner expanding the interest for crane rails. Interest for crane rails in China is foreseen to increment at a consistent pace as the development of super tasks added to the repertoire and street activities (BRI) is expanding. This is evaluated to impel the crane rail market region over the coming years.

Global Crane Rail Market: Competitive Landscape

Prominent vendors operating in the global crane rail market are British Steel, Hebei Yongyang, L.B. Foster, BaoTou Steel, ArcelorMittal, and Metinvest.

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[newestbalance]

Trade War. Iran Sanctions. Political Chaos. There Goes Italy’s Economic Groove.

GIOIA TAURO, Italy — From its headquarters in Calabria, the poorest, least-developed region in Italy, Gruppo Ventura looked out on the world and spotted a potentially lucrative growth opportunity — Iran.

The family-owned company installs railroad tracks. The Italian economy was sluggish, while Iran was poised to develop rapidly, having promised to abandon its pursuit of nuclear weapons in exchange for relief from crippling international sanctions.

The deal that Gruppo Ventura struck last year with an Iranian partner was modest, but the possibilities seemed big. Then, President Trump withdrew the United States from the Iran nuclear deal, dealing a blow to companies across Europe. A few weeks later, Mr. Trump imposed tariffs on steel and aluminum, provoking outrage among European allies, while threatening to make steel more expensive.

Along the way, the Italian political system served up the sort of agita-inducing drama for which it is rightfully famous, sowing worries that all of Europe could be vulnerable to a fresh crisis.

So much for Europe’s improved fortunes. So much for Gruppo Ventura’s international expansion.

“We were expecting to expand in Iran, build rails,” said Gruppo Ventura’s chief financial officer, Alessandro Ventura. “We are not expecting to do these things anymore.”

Across Europe — and especially within Italy — recent times have produced a series of bewildering, potentially expensive events that have conspired to replace a spirit of optimism with deepening concern.

Only a few months ago, Europe was the leading example of the vigor the global economy was gaining after the trauma of a world downturn. Even Italy, Europe’s traditional problem child, was growing.

But Mr. Trump’s decision to walk away from the Iran nuclear deal threatens to cost European companies billions of dollars in lost sales, with German, Italian and French players especially exposed. The reimposition of sanctions on Iran stands to limit the flow of its oil to world markets. This prospect has lifted fuel prices, applying pressure to European economies.

This month, Mr. Trump refused to spare Europe from his tariffs on steel and aluminum, then used an annual meeting of major democracies to double-down on his clash with allies, enhancing fears of trade conflict.

Gruppo Ventura presents itself as relatively insulated against such shocks, given that the Italian government pays it to service rail tracks — the sort of activity that must continue. Still, company executives are concerned that the cost of rail tracks will climb along with the price of steel.

“Everything is a bit more complicated,” said Gruppo Ventura’s chairwoman, Maria Antonietta Ventura.

All of this has been playing out against the latest outbreak of Italian political drama, which has placed power in the hands of two populist parties, the Five Star Movement and the League. They have promised to deliver tax cuts and a basic income program — unconditional cash grants for all — without elaborating on how they plan to pay for them, creating fresh worries about Italy’s alarming public debt. Their hostility toward the euro, the currency shared by 19 European nations, has reinvigorated concerns about its endurance.

This trifecta of troubles — higher oil prices, American steel tariffs and a crisis of confidence in the government — has turned Italy into a leading export of an unwanted commodity: worry.

“All three of those are going to have quite a big impact on sentiment this year, and probably add to quite a big slowdown,” said James Nixon, chief European economist at Oxford Economics in London. “It’s not a very pretty combination.”

On the afternoon when word broke that Mr. Trump would not exempt Europe from his metals tariffs, Claudio Capponi was struggling to calculate the impact.

He is the commercial director of IRON, a publicly traded company that makes industrial parts. Its factory sits in Assisi, in the central Italian province of Umbria. Until the moment that the American president rendered his decision, Mr. Capponi was confident the Continent would be spared.

“Europe is too good of a trade partner for the United States for President Trump to do this,” he said.

Giant coils of steel shipped from mills in France were spread across the concrete floors of his factory. As the sound of pounding metal echoed through the cavernous plant, machines sliced steel into customized shapes — arms for earth movers destined for the United States, silos to hold wind turbines, decks of cargo ships.

Given that IRON is a buyer of steel, the company might benefit from the American tariffs. Steel now shipped to the United States from mills within Europe might stay here to avoid the tariffs, raising the supply and lowering prices locally even as they increase in much of the world. Chinese producers that export to American shores could divert their product to Europe, amplifying this trend.

But Mr. Capponi was banking on none of this. Even if he pays less for steel, his customers are likely to squeeze him for lower prices. More broadly, the American tariffs — justified by the Trump administration as a defense of national security — reverberated as a blow against world trade.

“We depend on access to a global market,” Mr. Capponi said. “It’s the uncertainty that is driving us mad. We are looking out the window at what is going on outside of our factory. We’re worried about the precedent of these tariffs. We are worried the forces of protectionism are being set loose. The landscape is so unclear.”

Before the 1979 revolution in Iran, Italian companies were key players there, building a port at Bandar Abbas, on the Persian Gulf. After the revolution, and before the advent of international sanctions, Italian energy and construction companies were a significant presence.

Once the Obama administration and leaders of other world powers struck the nuclear deal with Iran three years ago, Italy saw a chance to reclaim its perch. Iran was a land of 80 million people in need of upgrades to its electrical grid, its ports, its transportation systems.

Last year, Italy exported more than 1.7 billion euros (nearly $2 billion) worth of goods to Iran, up from €1.2 billion in 2015, according to the European Union. Only Germany exported more, sending nearly €3 billion worth of goods to Iran.

Invitalia, an Italian government agency that promotes trading opportunities, created a company focused on expanding investment in Iran. The new entity was authorized to provide loan guarantees to support Italian ventures in Iran.

Invitalia was soon inundated with proposals from Italian companies. The agency was mulling which to back when the United States announced the resumption of Iran sanctions, asserting this would pressure Tehran to curb its support for terrorism and its development of advanced missiles. The Trump adminstration gave companies three to six months to wrap up activities there.

“This project is on pause,” said Domenico Arcuri, chief executive officer of Invitalia. “We are waiting for the situation between the United States, Europe and Iran to be clarified. In this condition, these projects will be suspended for a long time.”

American sanctions not only bar domestic companies from doing business in Iran but also threaten foreign businesses with being frozen out of the American financial system. Given that the American dollar remains the dominant means of global exchange, that prospect has halted most transactions.

Before Mr. Trump’s decision, Giorgio Meniconi, owner of a small factory in Tuscany, was preparing plans to expand in Iran. His company, Tecon, makes a tool used to slice leather into shoes, jackets and bags.

For years, counterfeit versions of his product have circulated in Iran, the handiwork of Chinese factories. He took the nuclear deal as impetus to register his company trademark in Iran and forge a relationship with a local distributor.

But last month, the distributor called and canceled the deal. Since Mr. Trump opted to reinstate sanctions, Iran’s currency has plunged against the euro, making Tecon’s products too expensive.

“I had great hopes for Iran, because I saw it as a gateway to other markets in central Asia,” Mr. Meniconi said. “The hopes we were building were shattered.”

In the years before Gruppo Ventura secured its Iran venture, Mr. Ventura traveled there some 20 times. In March 2017, he signed a €2 million contract (about $2.3 million) to service a section of rail outside Tehran.

He shipped two locomotives used to tamp down the rocks below railroad tracks. They went out on a freighter from Gioia Tauro, a port on the Tyrrhenian Sea that has long been notorious as a Mafia-run conduit for cocaine trafficking.

In August, Mr. Ventura stood at the Iranian port of Bandar Abbas in 122-degree heat, watching a crane hoist the locomotives onto the docks.

Now, those machines are effectively marooned, the business halted. Gruppo Ventura has lost its appetite for adventurous expansion.

“We are wary of going into markets that America dislikes, because we never know what they will say,” said Ms. Ventura, the chairwoman.

Five company technicians dispatched to Iran to maintain the locomotives have returned here, to the company’s warehouse.

“It was a beautiful thing that our company would go,” the head mechanic, Renato Tocci, said. “Our hope was that our business would grow. Now, it’s a time where everything is stalled.”

The post Trade War. Iran Sanctions. Political Chaos. There Goes Italy’s Economic Groove. appeared first on World The News.

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