Inside the News - Edition #1024

Allan Leibowitz -
Inside the News
- 6 May 2021 ( #1024 )
<1 min read
They say that when the going gets tough, the tough get going. And that's what we are seeing as more manufacturers release their first quarter earnings results.
It's very good news so far, with bulging order books and strong sales.
Indeed, KION's chairman notes that the global market for industrial trucks continues to grow. First quarter sales across the industry were up a massive 71% on the same period last year - with 592,000 new trucks added to the global fleet.
As we've said before, no matter what challenges we face, things have to keep moving - and materials handling ensures that they do.
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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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Upcoming in the editorial calendar
MANAGING MIXED FLEETS
Oct 2025
ASSET FINANCE
Nov 2025
Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

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Hyster is a world-leading provider of forklift trucks and services in the materials handling industry.