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.

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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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