Allan Leibowitz introduces news edition #997

Inside Forkliftaction
- 22 Oct 2020 ( #997 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
This week, we report that equipment rental is tipped to fall by 10% in Europe this year, based on market analysis just released. The slump comes after a 4% rise last year, and is attributed largely to the impact of COVID-19. While falling rental rates are hurting the businesses directly involved, the implications are far broader. As we regularly report, hire companies represent a significant market for equipment, with billions of dollars/Euros of stock and a healthy flow of orders for the major manufacturers. Falling demand will not only mean idle fleets, but also a reluctance to continue to invest in inventory - and this will hurt the forklift makers already impacted by falling sales. But end-users are winners in the short term, with rental costs likely to fall as rental businesses seek to keep equipment turning over.
Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities. Heavy duty reach...
GRI entered the Australian market in 2014 with its superior specialty tire offering, and became a national company in 2019. GRI specializes in forklift and material handling tires and on-site fitment services.

Inside Forkliftaction

Two recent trends are again evident this week. The first is the rise of refurbished equipment as we report on two manufacturers offering certified used equipment. That, of course, is partly a result of supply shortages and delays for new machines.
The second is the roll-out of new models, which
...Continue Reading

Fact of the week

Athletes in the ancient Olympic Games participated in the nude showing off their physical power and muscular physique as a tribute to the Greek God Zeus.
Memorium Nürnberger Prozesse - Nuremberg, Germany
A museum that chronicles the history of the Nuremberg Trials for Nazi war criminals in the building where the trials were once held.
Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities. Heavy duty reach...
GRI entered the Australian market in 2014 with its superior specialty tire offering, and became a national company in 2019. GRI specializes in forklift and material handling tires and on-site fitment services.

Inside Forkliftaction

Two recent trends are again evident this week. The first is the rise of refurbished equipment as we report on two manufacturers offering certified used equipment. That, of course, is partly a result of supply shortages and delays for new machines.
The second is the roll-out of new models, which
...Continue Reading

Fact of the week

Athletes in the ancient Olympic Games participated in the nude showing off their physical power and muscular physique as a tribute to the Greek God Zeus.
Memorium Nürnberger Prozesse - Nuremberg, Germany
A museum that chronicles the history of the Nuremberg Trials for Nazi war criminals in the building where the trials were once held.
Reddot forklift ergonomics design, international quality components, strong safety guard, AC driving motor lithium battery, long time durability ensure heavy duty working.
GRI entered the Australian market in 2014 with its superior specialty tire offering, and became a national company in 2019. GRI specializes in forklift and material handling tires and on-site fitment services.

Inside Forkliftaction

Two recent trends are again evident this week. The first is the rise of refurbished equipment as we report on two manufacturers offering certified used equipment. That, of course, is partly a result of supply shortages and delays for new machines.
The second is the roll-out of new models, which
...Continue Reading