Rob Smith opening KION's CeMAT Asia exhibitIn this week’s Forkliftaction News, Hyster-Yale says it is reducing production because of “softer demand” as it reports revenue for Q3 was USD979 million, a drop both year-on-year and quarter-on-quarter.
Tariffs have been blamed as the primary reason for the decline by the company, which also reveals how much the tariffs cost it during the quarter. Read the story to find out what that was.
This week we also look at the highlights of last week’s CeMAT Asia event held in China. From humanoid robots who like to dance to the CEO of a major producer conducting string musicians in a “logistics symphony”, we have it all covered.