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".

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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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