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When manufacturers say that now is the time to buy, buyers may be sceptical. But when an informed analyst makes the call, it may be time to act.
We report this week that IBISWorld is tipping price rises in the next three years, primarily on the back of increases in the cost of steel. The report predicts rises of over 2% per year.
But, of course, there's a downside to buying now - you may miss out on more advanced technology. There's no doubt that today's forklift is a notable improvement on the models around three years ago, and we can only assume that further improvements await.
So, it's a balancing act - weighing up a price increase against the safety, efficiency and environmental improvements that we are sure to see.
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 | | Local News | Editorial articles by Forkliftaction News
| Adaptalift Hyster helps client improve productivity Australasia News
Sydney, New South Wales Adaptalift Hyster has completed a project with client Coca-Cola Amatil (CCA) to modify CCA’s battery room at its Eastern Creek site in New South Wales.
The Eastern Creek facility ... [more] | Forklift trainer chooses Toyota fleet Australasia News
Melbourne, Victoria Forklift training provider Truck and Forklift Training (TAFT) has chosen Toyota Material Handling Australia (TMHA) to equip its new facility at Somerton with a range of battery-electric load-shifting equipment. ... [more] | Record container month for NZ port Australasia News
Auckland Ports of Auckland has set a new record in container numbers, with 54,427 containers (79,492 TEU) handled by the container terminal, beating its previous record of 54,049 containers set in ... [more] | Logistics leaders recognised at awards ceremony Australasia News
Melbourne, Victoria Logistics leaders were recognised at the annual Transport and Logistics Industry Skills Council (TLISC) awards for excellence held in Melbourne recently.
The awards celebrate exceptional achievements and outstanding contributions ... [more] |
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|  | |  | | Global News | Editorial articles by Forkliftaction News
| IBISWorld: Forklift prices to rise
AUSTRALIA Forklift users can expect to pay more for forklifts over the next three years, according to a new report by IBISWorld.
The procurement research firm’s report says that steel ... [more] | TPS nets order for northern Vietnam’s largest port
VIETNAM Vietnamese company Haiphong Port Holding Limited Liability Company (HPH) has ordered 12 rubber-tyred gantry cranes (RTGs) in the E-RTG variant from Terex Port Solutions (TPS).
From the end ... [more] | KION optimises funding structure
GERMANY KION Group AG is repaying secured corporate bonds with a total volume of EUR525 million (USD725 million) in its continuing effort to improve its funding structure.
"This step will ... [more] |  | Retailers test lithium-ion technology
UNITED STATES In a development with potential impact for the forklift industry, major retailers are beta testing the Superion lithium-ion battery and charger pack from Applied Energy Solutions (AES).
“We anticipate ... [more] | Briefs
Trelleborg launches dealer program in the UK
- Trelleborg, Sweden
Hyster to offer Seegrid AGV technology
- Greenville, NC, United States
Intermodal Asia’s successful launch
- Shanghai, China [more] | Forklift-related issues among 11 violations
UNITED STATES A manufacturer of abrasive blasting and roofing materials faces fines up to USD77,770 for 11 safety and health violations including forklift-related infractions.
The US Occupational Safety and Health Administration ... [more] | Product News
Mitsubishi introduces lean, green machines
- Almere, The Netherlands
Linde launches driver assistance system
- Aschaffenburg, Germany
LLM introduces redesigned forklift
- Toronto, Canada [more] | New fleet boosts safety for packaging manufacturer
UNITED KINGDOM Sharpak, part of Groupe Guillin and a UK manufacturer of rigid plastic packaging, has replaced its old forklifts with Jungheinrich’s EFG Series counterbalance, powered pallet and reach trucks fitted with ... [more] | Retailer adopts hydrogen at Georgia site
UNITED STATES Lowe’s Companies Inc is using hydrogen to power 157 forklifts at a 1.4 million sqft. (130,060 sqm) regional distribution centre in Rome, northwest of Atlanta.
Previously, Lowe’s conducted technology ... [more] | RORO 2014 examines outlook
UNITED KINGDOM The upcoming roll-on/roll-off shipping event, RORO 2014, in London will include conference sessions on alternative fuels, the global outlook for the RORO market and the outlook for the North Sea ... [more] | 122 participate in rodeo
UNITED STATES Randy Norwood from the wood yard department won a Lift Truck Rodeo at the Ashdown mill of Domtar Inc.
The competition involved 122 participants from the paper mill’s production, ... [more] |
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|  | | | Advertisement | Advertise here | BOLO Business Opportunities
AVSS Group is the Australian based designer and manufacturer of BOLO. We are committed to improving safety and efficiency wherever forklifts are used.
BOLO (Be-On-the-Look-Out) is a revolutionary new product launching in 2014. A mirror based system for small to medium forklifts, BOLO allows drivers to see around the load and to sight tines, significantly reducing damage to goods and equipment and improving OHS in materials handling.
View the video here.
We are seeking INTERNATIONAL AGENTS with EXISTING NETWORKS to distribute this ground breaking, world-class product. To arrange a meeting during CeMAT (Hannover), send your expression of interest to:
Craig Macdougall - Managing Director, AVSS Group
E: Send an email T: +61 414 631 977 W: www.bolomirrors.com
[more] |
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| | ANNOUNCEMENTS (Ads) | Advertise here | Baoli improves its electric forklift truck
Baoli Material Handling Europe has launched its new electric forklift truck KBE20 with 2T load capacity. The four-wheel truck with full AC motor and controller boasts an improved design, which makes its operation as well as the service more practical. [more] |  | BOLZONI Group at CeMAT 2014 - Hall 26 / Stand L10-L14
Forklift attachment, forks and lift table manufacturer BOLZONI will exhibit at CeMAT 2014 (Stand L10-L14 Hall 26). The sales team look forward to welcoming visitors to their stand where they will present the latest products from the Bolzoni Auramo and Meyer ranges. [more] | Shorpak trusts Straddle Carriers for their needs on the Chevron Gorgon Project Australasia News
Shorpak in Perth has entrusted Straddle Carriers Australia to help them handle the day to day container handling and oversize equipment for the Chevron Gorgon Project in their quarantine yard in Henderson.
[more] | Visit DFK Cabs at CeMAT for your Polycarbonate and Metal Safety Cabins
DFK Cabs, manufacture of metal safety cabins, polycarbonate cabins for most forklift and UTV brands, will be exhibiting at CeMAT Hannover 2014 Hall 25 stand B12. [more] | Visit Durwen Maschinenbau at CeMat 2014
Durwen, one of the leading forklift attachment producers from Germany, will be exhibiting at CeMAT 2014 (stand K07 at Hall 26). With more than 60 years of experience in developing and producing of attachments we are the best choice for your logistic needs. [more] | Ruyi Shines at MODEX 2014
Ningbo Ruyi Joint Stock Co., Ltd was among the exhibitors at the recent MODEX 2014 expo. The RUYI team is also set to exhibit at a number of other leading exhibitions between April and June. [more] |  | CeMAT exhibitors - gear up your business with Forkliftaction
‘Gear Up’ your business with a Forkliftaction marketing action plan. Make an appointment to meet with the Forkliftaction sales team at CeMAT now and benefit from a free company listing in our special CeMAT exhibitor list within this release. [more] | TVH Employees Get Happy for International Day of Happiness
To honor the United Nation’s International Day of Happiness, TVH released a music video starring its employees. See the video adaptation of Pharrell Williams’ “Happy", put together by employees at TVH’s 9 distribution centers in the Americas. [more] | Safety saves Perth for the fourth time Australasia News
Safety returns to Western Australia in 2014! Don’t miss out on the opportunity to learn from the leading experts in workplace safety, at Safety in Action Perth, June 11 and 12 at Perth Convention & Exhibition Centre. [more] | Find your inner hero at MHEDA's 59th Annual Convention & Exhibitors’ Showcase
Join hundreds of material handling industry peers at the (MHEDA) 2014 Annual Convention, May 3-7, Orlando, Florida. This year’s theme, “Superhero Leadership” will give you the opportunity to uncover your own “Superhero Leadership” powers through excellence in people management skills. [more] |
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