Allan Leibowitz introduces news edition #831

Inside Forkliftaction
- 27 Jul 2017 ( #831 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
Sometimes, we can't see the big picture and we need a bit of perspective. This week, that insight comes from the International Monetary Fund, which is upbeat about its growth projections for the global economy.
The latest IMF outlook notes that "there is now no question mark over the world economy's gain in momentum".
The global lender is most buoyed about trade growth, which it sees as entering its "broadest synchronised upswing" of the last decade. Growth is tipped for 4% in 2017/8.
This optimism should be reflected in the next round of financial reports from the major materials handling businesses, with reports expected to appear from next week.
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At Cascade Corporation, we know the forks and attachments used to handle your loads are essential to keeping your material handling operations running smoothly. That’s why selecting products that integrate seamlessly with each other (and your workflow) can be a time-consuming and difficult task.

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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...
Brisbane, Qld, Australia Liebherr Container Cranes has completed its first ship-to-shore lift height increase with a new patented jacking system as part of Liebherr Transform. The operation was conducted under the supervision...

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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