Hyster and ITG launch a battery electric ReachStacker in the Netherlands, advancing sustainable terminal operations over 24 months.
Quiver AI Summary
Hyster, in collaboration with the Inland Terminals Group (ITG) and its authorized dealer Heffiq, has announced the launch of a battery electric ReachStacker at ITG's Terminal ITG Venray-Wanssum in the Netherlands. Starting in August 2026, the Hyster RSJ46-33XDL will undergo a 24-month field development period to validate its technology in real-world operations. The ReachStacker, powered by four lithium-ion battery packs, is designed for an 8-hour shift and can be charged efficiently. This initiative reflects a commitment to sustainability, with ITG aiming for a lower-emission transport chain, supported by their impressive sustainability credentials. Heffiq will provide maintenance services for the equipment, further strengthening their long-standing partnership with ITG.
Potential Positives
- Hyster's deployment of the battery electric ReachStacker showcases the company's commitment to sustainability and innovation in material handling technology.
- The collaboration with Inland Terminals Group (ITG) highlights Hyster's role in supporting significant environmental initiatives in the logistics sector.
- The new ReachStacker is expected to enhance operator experience while supporting terminal operators' goals for lower emissions and more sustainable operations.
- This project demonstrates the effectiveness of Hyster's existing electric lift truck technology, potentially leading to further advancements and adoption in the industry.
Potential Negatives
- The press release emphasizes the need for further validation and refinement of the battery electric technology over a 24-month field development period, indicating that the technology may not yet be fully ready for widespread adoption.
- Despite the positive focus on sustainability, the need for a significant development period may raise concerns about Hyster's competitiveness in the rapidly evolving electric vehicle market.
- The reliance on partnerships with ITG and Heffiq to enhance the product's credibility may suggest limitations in Hyster's own capabilities or confidence in the technology alone.
FAQ
What is the new technology being deployed by Hyster and ITG?
Hyster and ITG are deploying a battery electric ReachStacker at Terminal ITG Venray-Wanssum to enhance terminal operations.
When will the Hyster electric ReachStacker begin operations?
The Hyster electric ReachStacker will start operations in August 2026, marking a 24-month field development phase.
What are the sustainability goals of Inland Terminals Group?
ITG aims to achieve an emission-free transport chain by investing in low-emission transport equipment and sustainable practices.
How long does it take to charge the electric ReachStacker?
The ReachStacker can be charged from 20% to 80% in approximately 4.5 hours using the appropriate charger.
Who will handle maintenance for the new ReachStacker?
Heffiq, the local authorized dealer, will manage all conventional maintenance and service requests for the electric ReachStacker.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HY Revenue
$HY had revenues of $812.9M in Q2 2026. This is a decrease of -15.02% from the same period in the prior year.
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$HY Hedge Fund Activity
We have seen 81 institutional investors add shares of $HY stock to their portfolio, and 56 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DEPRINCE RACE & ZOLLO INC added 267,479 shares (+inf%) to their portfolio in Q1 2026, for an estimated $8,695,742
- CURBSTONE FINANCIAL MANAGEMENT CORP removed 107,398 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,765,373
- DIMENSIONAL FUND ADVISORS LP removed 92,426 shares (-15.7%) from their portfolio in Q2 2026, for an estimated $3,240,455
- MILLENNIUM MANAGEMENT LLC removed 87,866 shares (-39.2%) from their portfolio in Q1 2026, for an estimated $2,856,523
- WALLEYE CAPITAL LLC added 86,946 shares (+1084.5%) to their portfolio in Q2 2026, for an estimated $3,048,326
- RUSSELL INVESTMENTS GROUP, LTD. added 61,938 shares (+39.1%) to their portfolio in Q2 2026, for an estimated $2,171,546
- IMPALA ASSET MANAGEMENT LLC removed 50,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,625,500
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
WANSSUM, THE NETHERLANDS, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Hyster , together with Inland Terminals Group and authorized Hyster ® dealer Heffiq, announces the deployment of a battery electric ReachStacker at Terminal ITG Venray-Wanssum, in the Netherlands. Inland Terminals Group (ITG) will begin using the Hyster ® RSJ46-33XDL battery-powered electric ReachStacker in August 2026, marking the beginning of a 24-month field development period to help further validate and refine the technology in real-world terminal operations. This battery-powered ReachStacker builds on the development of other Hyster electric container handlers and uses many common systems from previous projects, including the battery electric empty container handler pilot at Malta Freeport Terminals .
The electric ReachStacker is powered by four 130-kilowatt lithium-ion battery packs capable of supporting a full 8-hour shift. Two battery packs are placed on either side of the truck, and the full solution can be charged from 20% to 80% in approximately 4.5 hours when using the right charger. Shared software across Hyster electric lift trucks supports common displays, operator interfaces, service tools and diagnostics.
“Ports around the world are laser-focused on reducing emissions while maintaining high levels of productivity, and ITG is helping lead that transition in inland container transport,” said Lucien Robroek, President of Global Big Trucks, Hyster. “Deploying this Hyster battery-electric ReachStacker with them is an important step in proving how this technology can support demanding real-world duty cycles in terminal operations while further refining the operator experience and supporting terminal operators’ progress toward lower-emission, more sustainable operations.”
ITG has an established track record of successful sustainability initiatives. The company was the first inland terminal operator in the Netherlands and Belgium to earn a third Lean & Green Star – a certification recognizing results in reducing energy consumption and CO2 emissions.
"The commissioning of our first fully electric Hyster ReachStacker is an important step in making our material handling equipment more sustainable,” says Jan-Jaap Kroft, Sustainability Manager, Inland Terminals Group. “This investment contributes directly to our ambition to achieve an emission-free transport chain. Together with Hyster and Heffiq, we are continuing to build future-proof and sustainable terminal operations."
The local authorized Hyster dealer, Heffiq, has a longstanding relationship with ITG, providing equipment and service to keep terminal operations moving. Heffiq will handle all conventional maintenance requests and serve as the first line of response for service just as they would other Hyster equipment, with factory support available for high-voltage systems.
“The various terminals across the Netherlands and Belgium operated by the ITG have been valued Heffiq customers for several decades,” said Martijn Veerkamp, Commercial Director, Heffiq. “Sustainability is a key priority for both ITG and Heffiq. It is therefore fantastic to mark our strategic partnership with the delivery of their first battery electric Hyster ReachStacker. This is a major milestone and something we are extremely proud of.”
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ABOUT HYSTER
Hyster
is a leading worldwide provider of Hyster
®
forklift truck and container handling solutions for the toughest, most intense industries on earth. The company designs and manufactures an industry leading, comprehensive range of material handling equipment, meeting the unique demands of everything from fast-paced industrial warehouses and manufacturing facilities to the most demanding, heavy-duty applications like ports and terminals. Backed by a dedicated, global dealer network and nearly a century of material handling experience, Hyster is the trusted resource customers can count on for technology tough enough for their worksites and proven solutions that keep critical operations moving.
Hyster Company is a division of Hyster-Yale Materials Handling, Inc. , a wholly owned subsidiary of Hyster-Yale, Inc. (NYSE:HY) which is headquartered in Cleveland, Ohio and operates globally.
©2026 Hyster-Yale Materials Handling, Inc., all rights reserved. Hyster is a trademark of Hyster-Yale Materials Handling, Inc.
ABOUT INLAND TERMINAL GROUP
Inland Terminals Group (ITG) is a leading network of 17 inland container terminals in the Netherlands and Belgium.
Through its strategically located terminals, ITG provides multimodal logistics solutions, connecting major seaports with inland destinations by barge, rail, and road.
The Group offers a comprehensive range of logistics services, including container handling, extensive storage facilities, and container depot services for leading shipping lines.
With a strong focus on inland navigation, ITG enables customers to optimize cargo flows while improving supply chain efficiency and reliability.
With sustainability at the core of its strategy, Inland Terminals Group invests in modern, low-emission transport equipment and intermodal transport solutions to reduce CO₂ emissions and improve the environmental performance of container transport.
ABOUT HEFFIQ
Heffiq is the official importer of Hyster and Yale materials handling equipment in the Netherlands. The company helps businesses make their internal logistics processes smarter, more efficient and safer through personal advice and solutions tailored to their daily operations.
Its offering ranges from forklift trucks, warehouse equipment and container handlers to warehouse solutions, automation and service. With a broad product portfolio, more than 185 employees and a nationwide service and support network, Heffiq provides suitable solutions for a wide range of materials handling challenges.