Allan Leibowitz introduces news edition #655

Inside Forkliftaction
- 20 Feb 2014 ( #655 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
There are positive signs that this will be a million-plus unit year, with KION reporting that the global forklift market exceeded the million mark last year. The group, which includes the Linde and Boali brands among others, is already ahead of 2013 levels, thanks in large part to growth in the emerging markets of Eastern Europe, South America and China.
We have also seen optimism in North America, and this week, we note LiuGong's expansion which has led to a move to larger premises.
And one of the best performers in the forklift sector is the rental market, with a number of large players expanding their fleets to cope with increased demand. This, of course, further boosts the order books.
As the song says, "let the good times roll".

Movers & Shakers

senior marketing manager
Tompkins Robotics, United States
chief digital officer
Wiferion, Germany
director of dealer development
Toyota Material Handling, United States
director of national accounts
Toyota Material Handling, United States

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Fact of the week

From 1912 to 1948, gold, silver and bronze medals were awarded for literature, architecture, sculpture, painting, and music as part of the modern Olympic Games. Art works were required to be inspired by athletic endeavors. After heated debate about their place in the games, the art events were eventually removed. The 151 medals awarded were officially stricken from the Olympic record.
Long Valley, NJ, United States Racking specialist Frazier has announced the passing of executive vice president, Domenick Iellimo at the age of 69. He passed away peacefully in New Jersey surrounded by loved ones...
Lauren Fiochetta, Tompkins Robotics
Robert Gibbons, Wiferion
Bill Byrd, Toyota Material Handling
Dan Kossow, Toyota Material Handling

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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