Allan Leibowitz introduces news edition #1087

Inside Forkliftaction
- 28 Jul 2022 ( #1087 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
David Malpass, president of the World Bank, recently had some gloomy predictions about the global economy, identifying significant downside risks. "These include intensifying geopolitical tensions, the fragility in many countries, the potential for an extended period of stagflation, the widespread financial stress that's caused by the higher borrowing costs, and food insecurity," he warned.
In stark contrast, this week we report on some very positive indicators: JCB responding to strong demand for its equipment with the employment of around 200 former agency employees and Cargotec notching up an all-time record operating profit.
So, even when the going gets tough, materials handling is powering ahead.
Let's hope the trend continues - no matter what the economy throws at us!
Houston, TX, United States Following the announcement in June of a significant investment in its distribution capacity across the USA, South and Central America, Narrow Aisle Ltd has made a further major financial...
Birmingham, United Kingdom Organisers are buoyed by the success of the UK’s largest materials handling show, IMHX, which was held a couple of weeks ago in Birmingham. Event director Rob Fisher says...

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Duisburg, Germany Clark has given its low-lift trucks with folding operator platform a facelift and combined all model variants under the name PPXS20. The series consists of three model variants with...
Dobris, Czech Republic Bobcat has expanded its R-Series range of products with the launch of the new Super Compact TL25.60 telehandler and the new S86 and T86 compact loaders. As the smallest...

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Frankfurt, Germany KION Group AG expects a substantial impact to its third quarter 2022 earnings due to intensifying supply chain shortages, as well as significantly higher cost increases for materials, energy...

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