Escalators
Hong Kong MTR Reports 430 Escalator Incidents In Nine Months
Hong Kong’s Mass Transit Railway (MTR) reported 430 escalator incidents for the first nine months of 2024, representing a 20% decrease compared to the same period in 2023, Dimsum Daily reports. Incidents...
NEII Provides Code Development Update
National Elevator Industry, Inc. (NEII) provided a code development update. On the ASME A17/CSA B44Â Safety Code for Elevators and Escalators, the A17 Standards Committee met in October and finalized several...
Indian State Rolls Out Lift Registration Portal
The state of Uttar Pradesh (UP) in north central India has launched a lift registration portal that aims to simplify the process of registering lifts and escalators to ensure they...
Schindler Designates National Elevate Day
Schindler announced today that it has established November 8 of each year as National Elevate Day. Officially recognized by the National Day Archives and also known as Elev-8 Day —...
Elevator Escalator Safety Week on November 11-15
National Elevator Industry, Inc. (NEII) and the Elevator Escalator Safety Foundation (EESF) ask vertical-transportation (VT) industry members to remember that Elevator Escalator Safety Week is on November 11-15. Held each...
Seattle’s Sound Transit To Install 58 New VT Units
Sound Transit in Seattle plans to replace 58 aging vertical-transportation (VT) units with new elevators and escalators, KING 5 is among outlets to report. Upgrades target four downtown stations: the...
Ohio Announces New Licensing Rules for Elevator Professionals
The Ohio Department of Commerce announced on November 1 that those who install, service or maintain elevators, escalators, moving walks, wheelchair lifts or other conveyances in the state have until November 1,...
Mayar Inks Agreement With China’s Shenyang Yuanda
Riyadh, Saudi Arabia-headquartered Mayar Holding Co. subsidiary Gulf Elevators & Escalators Co. signed a partnership agreement with China's Shenyang Yuanda Intellectual Property Group Co., Tadawul reports. Under the agreement, Mayar will produce...
Otis Faces Below-Expected 3Q Earnings, Cuts 2024 Projection
The Dow Jones reports that Otis posted third-quarter (3Q) earnings of US$540 million, or US$1.34 a share, up from US$376 million, or US$.91 a share, a year earlier. Excluding certain...
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
