Allan Leibowitz introduces news edition #813

Inside Forkliftaction
- 23 Mar 2017 ( #813 )
<1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
Hot on the heels of KION Group's announcement of record results, Jungheinrich has released its figures for 2016, also indicating significant growth.
Jungheinrich's success also demonstrates the value of diversification, with a growing contribution from its logistics services arm, its dealer network and, more recently, equipment rentals in China.
The German giant notes a positive start to the current financial year and expects the world materials handling equipment market to continue growing in 2017. It is tipping growth in Europe, Asia and North America, although it does anticipate a drop in the IC engine-powered counterbalance truck market.

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After some pessimism last year, the International Monetary Fund has increased its 2022 and 2023 growth forecasts. Global growth will slow from 3.4% in 2022 to 2.9% in 2023 and then rebound to 3.1%, the global agency predicts.
The IMF is encouraged by the recent reopening of China, which it
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