Allan Leibowitz introduces news edition #897

Inside Forkliftaction
- 8 Nov 2018 ( #897 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
More corporate reporting and more good news. This time, it's Jungheinrich which is reporting double-digit growth for the first nine months of the year.
Performance was strong in all regions, including the United States, which will come into sharp focus after this week's election results.
There is an expectation that a hostile House of Representatives will hamper President Trump's agenda, and his trade tariffs and other measures may not survive in the new political climate. But observers are more concerned about potential negative economic effects from any political paralysis.
For the materials handling sector, the silver lining is that most manufacturers have diverse offerings and multiple markets. So, if things slow down in the US, growth in other regions will help fill any gaps.

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.
When the premier manufacturing and supply chain trade event of 2023, ProMat, returns to Chicago on March 20, it will include over 1000 exhibits and a comprehensive Educational Conference of over 150 sessions.
The Hydrogen & Fuel Cell Seminar makes its return next February 7-9, 2023, and timing couldn’t be better!

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