Inside the News - Edition #906

Allan Leibowitz -
Inside the News
- 17 Jan 2019 ( #906 )
1 min read
There was an advertisement in the '80s in which American entrepreneur Victor Kiam said he liked Remington razors so much that he bought the company.
This week, we see something similar, with online retailer Amazon taking a stake in warehouse robotics firm Balyo.
Not only will Amazon be adopting the French company's technology for self-driving forklifts, it also has the right to buy up to a third of the company.
Amazon did something similar in 2012, buying Kiva Systems and adopting its warehouse robots.
Balyo already supplies its technology to a number of forklift manufacturers and if the Amazon deal reflects anything, it is confidence in AGVs. Watch this space ...
Also Read:
Inside the News - Edition #907
Allan Leibowitz
1 minute read
Inside the News - 24 Jan 2019 (#907) American forklift distributors only have a couple of options as President Trump's tariffs continue to impact on Chinese imports. They can either increase prices to offset rising costs, including of...
Inside the News - Edition #905
Allan Leibowitz
1 minute read
Inside the News - 10 Jan 2019 (#905) We start this year in a flurry of acquisition activity, with reports of significant purchases in the UK, Europe, the United States and Australia. Ironically, this comes in the wake...
For more unique stories and expert insights: read our industry blogs
Blog articles provide perspectives and opinions and therefore may contain inaccurate or incomplete information. Forkliftaction Media accepts no responsibility for errors or omissions. If you feel that significant facts are overlooked, or have a different viewpoint on a topic addressed, we invite you to open a conversation in our Discussion Forums.
Inside The News
In this week’s Forkliftaction News we look at the financial reports of some of the materials handling industry’s largest players including Hyster-Yale, KION and Hangcha... Continue reading
Hyster-Yale reports Q1 revenue fall Cleveland, OH, United States
Upcoming in the editorial calendar
Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Showcased in the Virtual Expo

KION reports dip in Q1 revenue Frankfurt am Main, Germany
Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners
Upcoming in the editorial calendar