Allan Leibowitz introduces news edition #528

Inside Forkliftaction
- 25 Aug 2011 ( #528 )
<1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
1960s band The Tremeloes had a hit with "Even The Bad Times Are Good", a title which reminds us that even in adversity, there are opportunities. Rising fuel costs have encouraged research into alternative energy sources. Increased real estate values have led to improved space utilisation and the development of narrow-aisle technology. Tough economic times have encouraged companies to improve their resource allocation. So, some might look around and challenges in the current business environment, but others will only see opportunities.

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Inside Forkliftaction

The year is not even a month old, and already we are seeing increased acquisition activity in the US dealer market.
One has to ponder the reasons for this surge, and no doubt, intensifying competition is a major driver. In order to prosper, dealers need critical mass, access to multiple
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