Inside the News - Edition #437

Allan Leibowitz -
Inside the News
- 19 Nov 2009 ( #437 )
1 min read
Americans may have reason to be concerned about the falling greenback, but for forklift manufacturers and vendors, the slump in the US dollar may be a silver lining. With the US dollar recently hitting a 15-month low against a basket of leading currencies, the time has never been better for exports. Some would see the current conditions as ideal for the trade of US equipment - new and used - as prices fall against competitors from regions with relatively overvalued currencies. The low greenback also helps stave off competition from imports in the domestic markets, although the linking of the Chinese currency to the greenback obviously means the low end of the market remains out of reach for American suppliers. As usual, it's a matter of some seeing the glass as half full, while others take the half-empty approach.
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Inside The News
As part of Forkliftaction’s 25th anniversary celebrations, we have dug into the archive and, over the next year, will be highlighting a carefully curated selection of historical stories we have published over this time... Continue reading
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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.

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Upcoming in the editorial calendar
WIRELESS CHARGING
Aug 2025
MANAGING MIXED FLEETS
Oct 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

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.