Forklift sales surge Down Under

News Story
- 21 May 2020 ( #975 ) - Australia
1 min read
The e-commerce boom is boosting demand for products like the Aislemaster
The e-commerce boom is boosting demand for products like the Aislemaster
While some sectors of the economy are suffering, the Australian forklift market is benefiting from relaxed depreciation rules and a surge in demand in areas such as e-commerce and major capital projects.

As part of the Government's COVID-19 response, the threshold for instant asset write-offs was increased from AUD30,000 to AUD150,000, while the eligibility was expanded to cover businesses with an aggregated turnover of less than AUD500 million (up from AUD50 million).

The higher threshold covers far more forklift models and materials handling equipment options, and the measure is already stimulating demand and boosting order books.

Combilift managing director Martin McVicar says the measure "has fuelled a lot of companies to invest in equipment" and his company's dealers in Australia have witnessed "a massive surge in demand".

Much of the demand spike has been driven by e-commerce, but Chris Littlewood, Combilift Australia business development manager, notes some significant orders in recent weeks from the steel sector "which is showing the most growth of all sectors".

Other manufacturers and dealers contacted by Forkliftaction News confirmed the uptick in sales and forward orders, although none would go on the record with detailed comments.
Ritchie Bros. auction earns $54M
Ritchie Bros. auction earns $54M 1 Sep 2022 - Houston, TX, United States - 1 min read
Record 11/11 sales for EP
Record 11/11 sales for EP 2 Dec 2021 - Hangzhou, China - 1 min read
AmeraMex racks up orders
AmeraMex racks up orders 29 Aug 2019 - Chico, CA, United States - 1 min read
Previously about:
American Yale dealership switches to Linde News Story - 9 May 2024 - Charlotte, NC, United States - 1 min read
Lower emissions a major focus at LogiMAT News Story - 11 Apr 2024 - Stuttgart, Germany - 5 min read
Safety front of mind at LogiMAT News Story - 28 Mar 2024 - Stuttgart, Germany - 6 min read
Do you have materials handling news? Submit your news here

Recently Forkliftaction News covered Elokon’s new managing director, who was first appointed by the company as a service technician in 2017. 

We’d love to hear your thoughts on career progression in materials handling. 

How easy or hard have you found it to pivot roles or access opportunities for promotion? Do you think this is a good industry for growing a career? Tell us your thoughts 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Recently Forkliftaction News covered Elokon’s new managing director, who was first appointed by the company as a service technician in 2017. 

We’d love to hear your thoughts on career progression in materials handling. 

How easy or hard have you found it to pivot roles or access opportunities for promotion? Do you think this is a good industry for growing a career? Tell us your thoughts 

PREMIUM business

Ningbo Ruyi Joint Stock Co., Ltd.
Manufacturer of forklifts, power stackers & pallet trucks.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

F. Uchiyama
Global exporter of used forklift and construction machinery, servicing over 50 countries.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

You may have noticed your email news edition has undergone a little revamp.

To deliver a more easily digestible and mobile-compatible version of our news edition, we have tweaked some of the formatting and skimmed down the unnecessary extras.

Enjoy the fresh look and happy reading!

The Forkliftaction Team