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.
Lawrence, MA, United States Abel Womack has purchased the assets and customer base of NECO Systems, a Connecticut-based forklift and materials handling organisation for nearly 27 years. Tom Franceskino, NECO president and former...
Little Rock, AR, United States A US Department of Labor investigation has determined a Carrollton, Texas lumber supplier and retailer could have prevented the death of an 18-year-old worker who was struck by a...

In the Virtual Expo

EIKTO Lithium Traction Battery
Our Lithium Traction Batteries are used for New Trucks and Lead-Acid Replacements. Lithium Cells are certified according to UL2580 standard. We are now looking for partners in North America!
IntraLogisteX, the intralogistics show of the year, returns on 28th & 29th March 2023 at the NEC Birmingham.
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.

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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