Inside the News - Edition #1029

Allan Leibowitz -
Inside the News
- 10 Jun 2021 ( #1029 )
1 min read
No matter how well things are going in the materials handling sector, it's important to keep an eye on the bigger picture.
That's why it's reassuring to see this week's World Bank global growth forecast - now raised to 5.6%. If that happens, it'll be the strongest recovery from a recession in 80 years.
The report notes, however, that recovery is uneven and largely reflects sharp rebounds in some major economies - most notably, the United States. But many emerging market and developing economies are missing out as they are still dealing with the COVID-19 pandemic.
The World Bank is now urging rich countries, including the United States, to free up excess vaccine doses for use by developing countries as quickly as possible to ensure that these recover fast and, in turn, benefit from the economic recovery.
It really is time to work together.
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Inside The News
In what may prove to be a sign of things to come, Canadian materials handling equipment lithium-ion battery manufacturer, UgoWork, has announced battery assembly for some forklifts bound for the North American domestic market will now be done in the US. See the story for full details... Continue reading
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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.

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Upcoming in the editorial calendar
MANAGING MIXED FLEETS
Oct 2025
ASSET FINANCE
Nov 2025
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

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