Inside the News - Edition #373

Allan Leibowitz -
Inside the News
- 14 Aug 2008 ( #373 )
1 min read
It's probably not that love is in the air, but there seems to be lots of 'mating' in the forklift market at the moment. This week we again report on some acquisitions in various markets, while we are also aware of some smaller corporate buy-outs either under way or about to happen. It seems that the prospect of tough times ahead together with some good-value purchase opportunities are driving the forklift industry the way of airlines, automotive manufacturing and a range of other industries - towards rationalisation. While competition is a great thing, there's a lot to be said for the critical mass that comes from consolidation - and especially with the Chinese manufacturers flexing their muscle, smaller players need to think carefully about their future.
Also Read:
Inside the News - Edition #1247
Angie Kay
1 minute read
Inside the News - 11 Sep 2025 (#1247) 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...
Inside the News - Edition #1246
Angie Kay
1 minute read
Inside the News - 4 Sep 2025 (#1246) Next Thursday is R U OK? Day in Australia , an important opportunity to bring conversations about mental health out into the open and a reminder to check in on those...
Inside the News - Edition #1245
Angie Kay
1 minute read
Inside the News - 28 Aug 2025 (#1245) In this week’s Forkliftaction News , we look at MHEDA’s Q3 Economic Advisory Report which reveals current resilience in the US materials handling sector. However, the report warns of anticipated tough...
For more unique stories and expert insights: read our industry blogs
Blog articles provide perspectives and opinions and therefore may contain inaccurate or incomplete information. Forkliftaction Media accepts no responsibility for errors or omissions. If you feel that significant facts are overlooked, or have a different viewpoint on a topic addressed, we invite you to open a conversation in our Discussion Forums.
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
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

Showcased in the Virtual Expo

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

PREMIUM business

Shenzhen Wellwit Robotics Co., Ltd
The Largest AMR/AGV ODM/OEM Manufacturer in China.