Allan Leibowitz introduces news edition #1021

Inside Forkliftaction
- 15 Apr 2021 ( #1021 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
The equipment rental market is an excellent barometer of economic activity and it comes as no surprise that we see reports of continued fleet expansion and renewal around the world.
This week's news is no exception, and we cover a large order by a new UK-based hirer as well as details of Briggs' purchase of some key Irish hire businesses.
For Forkliftaction News readers, the hire market is interesting for a number of reasons. It shows what equipment is in demand by the most discerning of buyers - the folks who depend on the gear for their commercial survival. Hirers stock their inventory with reliable, robust and versatile machines that are most popular among end-users. Fleet expansions impact on the profitability of manufacturers and help maintain competition in the market, which benefits all equipment purchasers. They also show which geographic locations are doing well - and which sectors of the economy are faring best.
There's a lot to be learned from the rental market - even for those not looking to hire or rent anything!
INTELLilight is a flexible lighting solution for work machines that can be adapted to the operators needs and to the environment with which they are working in.
Safety in operations is gaining increasing attention these days. Potential risks associated specifically with warehouses and production areas are becoming especially apparent at times when goods handling is extremely busy. However, the growing portfolio of safety solutions from Linde Material Handling (MH) can assist.

Your Focus

Stuart Taylor
Stuart Taylor

Next Editorial Features

FLEET MANAGEMENT - September
CONTAINER HANDLING - November
UN's new NL series lithium battery forklift, with capacity from 2,000 to 3,500kg, uses IC forklift's tough design with electric forklift benefits, making it convenient and efficient.
INTELLilight is a flexible lighting solution for work machines that can be adapted to the operators needs and to the environment with which they are working in.

Fact of the week

John Lennon had terrible eyesight and was very self-conscious about it. Early in his career, he would not wear his glasses during performances. In the end, John's 'granny glasses' became one of his most iconic trademarks. His last pair, worn on that tragic day in 1980, are kept at 'The Beatles Story' exhibit in Liverpool, insured for over £1 million.
Stamford, CT, United States United Rentals has agreed to acquire the assets of family-owned Ahern Rentals for USD2 billion in cash. United Rentals is the largest equipment rental company in the world, with...
Washington, DC, United States The confidence of the US equipment finance sector is falling, with the latest Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) falling. The November confidence index fell to...

Your Focus

Stuart Taylor
Stuart Taylor

Inside Forkliftaction

The world's biggest equipment rental company, United Rentals, is about to become even bigger with its acquisition of Ahern Rentals.
This is just the latest in a string of rental acquisitions this year, prompted by rising demand for equipment at a time when supply lines are tight and purchase prices
...Continue Reading