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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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.
MHEDA’s Annual Convention and Exhibitor Showcase will take place from April 29-May 3, 2023, in Nashville, TN.
IntraLogisteX, the intralogistics show of the year, returns on 28th & 29th March 2023 at the NEC Birmingham.
Changzhou, China Haulotte China recently hosted its 2023 Annual Dealer Meeting at its new factory in Changzhou. The meeting allowed Harry Wang, general manager of Haulotte Shanghai, to sum up 2022...
Brussels, Belgium The European Rental Association (ERA) has released a new study, The impact of digitalisation in the equipment rental industry report , which aims to raise awareness among all rental ‎companies...

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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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