If accelerated dealer activity and expansion by manufacturers are a barometer of industry health, things have been going very well for materials handling.
Our recent newsletters have been brimming with reports of new dealer appointments and expansions of dealerships. We have also reported on new facilities in many regions, indicating heightened activity on the part of the major manufacturers.
That's why this week's warning from German giant Jungheinrich about a "gloomier macroeconomic environment" is quite worrying.
While Jungheinrich is still heading for a healthy profit, the company is preparing investors for grim news ahead of its second quarter results announcement next month.