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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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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