Wholesale rental for Oz dealers

News Story
- 2 Feb 2006 ( #245 ) - BRISBANE, QLD, Australia
1 min read
Steve Cunliffe
Steve Cunliffe
Former TVH Australasia CEO Steve Cunliffe has joined forces with old friend Adrian Martin to rent forklifts to Australian dealers.

Cunliffe is now Martin's business partner in Fork Source, a Rocklea-based forklift specialist company supplying forklift dealers and equipment rental companies with short-term hire.

The pair bought Clontarf-based Forklift Sales Queensland (FSQ) for more than AUD1 million (USD0.75 million) to support the wholesale rental business. FSQ would provide used forklifts for Fork Source's rental fleet, Martin said.

The two companies, to be run as separate businesses, are expected to provide a combined annual turnover of more than AUD5 million (USD3.77 million).

Cunliffe said the concept of wholesale forklift rentals would offer "speedy service" to forklift dealers.

Martin, who established Fork Source in 1999, said his business was evolving and he could no longer do it alone.
"That's (Fork Source) the dearest thing to my heart and we aim to grow it and make it bigger," he said.

Fork Source's rental fleet has about 300 forklifts from Komatsu, Nissan, Nichiyu, Toyota, Mitsubishi, Crown, Hyster, Yale, Nichiyu and Moffett Mounty.
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Inside The News
In this week’s Forkliftaction News, we look at the mixed bag of financial results released in the last week. This includes Hyster-Yale which improved quarter-on-quarter, but dropped modestly y-o-y, leading it to forecast a moderate operating loss for 2026... Continue reading

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Seeking Ambitious Dealers Globally. Your chance to join a leading heavy machinery brand. Exclusive territories await!

Exclusive Territories Available. Join SOCMA's leading innovation in heavy machinery. 

Partner for success. Enjoy comprehensive support and impressive profit potential.

Contact us now - +86 153 050 495 72 - www.socma-forklift.com