Hiab crane trucks are commonly used in the transport industry for the loading and unloading of freight, (e.g. boat transport) and in the construction industry for heavy haulage.
But what does HIAB, the name, actually stand for though?
The company was founded in Sweden in 1944. Its full name is Hydraliska Industri AB, which was shortened to HIAB. The founder was Eric Sundin who had developed a way to use hydraulics to power loader cranes.
Around the same time, three Finnish brothers developed the first hooklift. They launched the Multilift company in 1949. The two companies would later find themselves merged together when the Partek Corporation purchased Multilift (in 1977) and then HIAB (in 1985).