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THIS WEEK’S NEWS :
Inside Forkliftaction.com
The financial reporting season generates some interesting insights into the broader market.
This week, we include results from Konecranes and JCB - both a bit more cautious about the future than other giants in the sector.
Konecranes says customers are cautious about investing because economic growth has decelerated across the globe. It notes market uncertainty in North America, in particular.
Meanwhile, JCB also talks about difficult market conditions in most developing markets around the world and slower than expected growth in North American and European markets.
These comments contrast with last week's results from the KION Group which saw its orders go up in the second quarter of this year, especially in western Europe and China.
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Global News

Global News

Editorial articles by Forkliftaction News

Konecranes boosts profits on lower revenues

FINLAND Konecranes has managed to increase profits on lower sales and orders in the second quarter as market caution continues to hamper equipment purchase decisions. The Helsinki-listed group is reporting ... [more]

Tough conditions hit JCB

British equipment maker JCB remains ‘positive’ despite falls in sales and profits last year. JCB has reported underlying earnings (EBITDA) of GBP214 million (USD280 million) during 2015, despite difficult ... [more]

Sector headed for USD148 billion

IRELAND A new report predicts that the global materials handling market will reach USD148.5 billion by 2021. Research and Markets estimates that the market was worth USD115.3 billion last year. ... [more]

KION, Equipment Depot redefine partnership

UNITED STATES KION North America and Equipment Depot have mutually agreed to redefine their manufacturer/distributor partnership “as part of each company's long-term growth strategy”.    A KION statement says that effective ... [more]

Movers and shakers

Seegrid, KION, CS Leasing, Santana Trading Company [more]

Dromad Hire adds Snorkel lifts

UNITED KINGDOM Irish rental company Dromad Hire has invested in two new Snorkel A38E boom lifts in a deal closed at Vertikal Days 2016.    The Snorkel A38E is an ... [more]

Linde releases pre-op app

GERMANY German Statutory Accident Insurance scheme (DGUV) guidelines require every industrial truck to be checked for proper operation prior to use. To assist with this, Linde Material Handling has released a ... [more]

STILL extends RX 70 range

GERMANY Coinciding with the 10th anniversary of its launch, STILL continues to expand the range of its popular RX 70 series. At CeMAT 2016 in Hannover, a new RX 70 ... [more]

Manitex adds 20 T telescopic crane

UNITED STATES Manitex has introduced the all-new TM200-Series to its lineup of truck-tractor cranes. Developed for residential and commercial construction, the TM200-2085T features a maximum capacity of  20 T and ... [more]
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Announcements(Ads)

Cascade, Your Fork Experts

Cascade has over 75 years of quality and experience in manufacturing [more]

Sub-Zero Hero – The New Hyster® cold store reach truck

The new cold store reach trucks from Hyster® turn the heat up on drivers while keeping components well protected from condensation. “Frozen cold stores are among the most challenging warehouse ... [more]

Baoli exhibits at IMHX reliable forklifts

Baoli will be exhibiting at IMHX several models of its new KB product family. This product range includes electric as well as diesel and LPG counterbalanced forklifts. [more]

Leading logistics industry figure calls for online retail “reality check”

John Maguire, director at intralogistics solutions specialist, Narrow Aisle Ltd and a former chairman of the United Kingdom Warehousing Association, has called for a “reality check” on what he believes are the sometimes “unrealistic” demands and expectations of the UK’s online shoppers. [more]

4-Point Clamping Force Tester: the new option for Bolzoni Auramo carton clamps

Forklift attachment manufacturer Bolzoni Auramo will soon release the 4-point clamping force tester, the  optional equipment specifically designed to grant the correct factory set up of the home appliance and carton clamps. [more]
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Safety First

Safety First(Blog)

FROM THE FORKLIFTACTION.COM EDITORIAL TEAM

Nick Welch: How to choose the right forklift training

Nick Welch offers some advice on selecting appropriate training. [more]
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