The continuing hostilities in Ukraine could not have come at a worse time for materials handling.
Just when supply chain dramas were easing and production starting to ramp up to meet record demand, the current uncertainty has cast a long shadow over the sector.
As we report this week, another two manufacturers are revising their financial forecasts amid concerns about supply and market stability. Ironically, there are reports of record demand, strong sales and bulging order books. But those strong forward bookings may be problematic as manufacturers are locked into pricing that may not be realistic when it comes time to deliver.
These are challenging times and should make for some very interesting conversations at LogiMAT later this month.