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Is consolidation good or bad? Clearly, for suppliers, mergers and acquisitions mean improvements in scale and scope, exposure to innovation and overall efficiency benefits. For customers, on the one hand, it means reduced competition. But it also means more stable and sustainable supply. Potentially, consolidation means improved products and services - and even the prospect of reduced prices. At worst, it means more profitable supply lines and if suppliers can’t make a buck, they certainly won’t be around for long.
Consolidation is inevitable, but the more giants we see in the market, the more notice we take of those small, nimble niche players who can prosper from their points of difference.
|Local News||Editorial articles by Forkliftaction News|
|TMHA announces its top achievers Australasia News|
Sydney, New South Wales Toyota Material Handling Australia (TMHA) has announced its top branches of the year and skills contest winners at its annual gala awards dinner in Sydney.
Top branch awards went ... [more]
|Work begins on Australia’s largest freight facility Australasia News|
Melbourne, Victoria Work has begun on logistics giant Toll’s $150 million freight sorting facility, the largest of its kind in Australia.
The 71,000 sqm facility on 20 ha next to ... [more]
|Wharfies march for worker safety Australasia News|
Sydney, New South Wales A rally to draw attention to the safety crisis in stevedoring was held this week in Sydney, following the death of worker Anthony Attard last month in Melbourne.
The ... [more]
|Forklift attachment company launches interactive website Australasia News|
Brisbane, Queensland Independent supplier Attollo Attachments has launched a video-oriented website which focuses on hydraulic attachments.
The new interactive format allows users to browse through multiple solutions for their materials handling ... [more]
|Global News||Editorial articles by Forkliftaction News|
|TVH buys EPW|
UNITED STATES Materials handling parts stalwart TVH Parts Co is stepping up its US expansion, with the acquisition of Equipment Parts Wholesale, LLC (EPW), a Fresno, California supplier of parts and supplies ... [more]
|Cargotec sells engineering business|
INDIA Cargotec has transferred its local engineering centre in Pune to Citec after the two entered into a long-term partnership.
The transaction to transfer Cargotec Engineering India to Citec includes ... [more]
|Konecranes boosts ownership in Chinese company|
CHINA Konecranes has completed the acquisition of the remaining shares of Jiangsu Three Horses Crane Manufacture Co Ltd (SANMA) and now owns 100% of the company.
The transaction value ... [more]
|Atlantic Forklift represents Doosan|
UNITED STATES An industrial services company saw an opportunity to establish a business for forklift sales, rentals, service, repairs and parts and has linked with the Doosan international brand.
Air Components ... [more]
|STILL appoints partner in Morocco|
GERMANY STILL has appointed A.PSV Diffusion as its new partner. Headquartered in Casablanca, A.PSV Diffusion provides customised logistics solutions for clients that include Dachser, TNT and DHL in Morocco and the ... [more]
|Alta grows, EY honours founder|
UNITED STATES Rapidly growing Alta Equipment Co expects by August to complete construction and infrastructure work on a 17,000 sqft. (1579 sqm) facility to serve the Traverse City, Michigan market. The new ... [more]
|Milestone order for successful, young company|
UNITED KINGDOM Plant Hire UK (PHUK)’s latest investment in 200 new JCB T4i telescopic handlers has pushed its total of JCB machine purchases past the 1,500 mark.
PHUK managing director Graham ... [more]
|Seegrid makes connection with Topco|
UNITED STATES Robotic vision-guided automated guided vehicle (AGV) producer Seegrid Corp is linking with supermarket co-operative Topco Associates LLC.
“This new strategic partnership will provide Topco members, who are supermarket retailers, ... [more]
|Rushlift’s solution for PD Ports|
UNITED KINGDOM Independent materials handling specialist Rushlift has provided a new fleet of materials handling equipment to PD Ports, including a fleet of 45 T Svetruck counterbalance forklifts fitted with generator powering ... [more]
|Movers & Shakers|
Toyota Material Handling North America, Valley Industrial Trucks, Seegrid Corporation [more]
Doosan introduces Ice range
- Northampton, United Kingdom
Brigade launches safety system
- Kent, United Kingdom [more]
Safari Park chooses used truck
- Stirling, United Kingdom
Cold chain summit explores opportunities
- Xiamen, China
New services for UKWA members
- London, United Kingdom [more]
|Forklift rodeos for Washington|
UNITED STATES Organisers of the Washington state forklift rodeo are accepting entries from certified operators for two regional competitions in June and August.
The regional winners will receive cash prizes ranging ... [more]
|FLA SHINES A LIGHT ON THE ATTACHMENTS AND ACCESSORIES SECTOR|
For over 13 years Forkliftaction News has been your insider guide to Materials Handling, examining all facets of the industry to find what makes it tick. Ever the inquisitors the Forkliftaction News team are at it again, this time shining a spotlight on the Forklift Attachments and Accessories Sector.
Read the July 3 Feature for insights into the sector from leading manufacturers such as Unit Load Handling, Little Giant, Cascade, Attollo, and Bolzoni Auramo. Develop a stronger understanding of the sector as we focus on a range of aspects from design and manufacturing challenges, to bespoke attachments manufacturing, as well as issues surrounding import, quality and safety.
Want to find out more? Contact Us!