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Recently, we highlighted the mixed messages in the financial results of major players, and this week, the signals remain varied.
There were some significant announcements in the US since our last recap, and the market seems somewhat subdued. And on the international front, those companies heavily exposed to North American markets are also negatively impacted by slow growth in that region - particularly in some industry sectors.
Again, the financial results show the benefits of spreading risk - both by geography and by industry vertical.
As an aside, it is unfortunate that we don't get as much financial disclosure from Asia, especially China and Japan, and from the UK. One suspects the stories may be somewhat different in some of those markets.
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 | | Local News | Editorial articles by Forkliftaction News
| Kalmar stacks up efficiencies for Newcrest Australasia News
Orange, NSW Kalmar and NTP Forklifts Australia have delivered a Kalmar DRG450?S675HCXS reachstacker to Newcrest Mining in Orange.
The new machine is the largest reachstacker in Australia, enabling Newcrest to ... [more] | Vending business grows with Toyota Australasia News
Melbourne, Vic A Victorian vending and coffee machine business has made a seamless transition into its new premises with the help of a new 8-Series Toyota forklift.
Vendco has upgraded from ... [more] | Smart theme announced Australasia News
Sydney, NSW Organisers have announced the theme of next year’s Smart conference: Innovation, Productivity & Performance in an Age of Disruption.
The supply chain conference will be held at the new ... [more] |
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|  | |  | | Global News | Editorial articles by Forkliftaction News
| Hyster-Yale sales, profits slump
UNITED STATES Hyster-Yale has announced falls in revenues, net income and profit in the second quarter of 2016. The manufacturer achieved revenues of USD645.6 million and net income of USD8.3 million for ... [more] | Manitou sales, orders rise
FRANCE Manitou Group has reported a 1% rise in first-half sales revenues to EUR689 million (USD771.7 million).
Equipment orders rose even more, up 9.5% from the same period last year ... [more] | Wacker Neuson records strong quarter
GERMANY Wacker Neuson Group almost equaled its record revenue from the prior-year quarter in the second quarter of 2016.
The international light and compact equipment manufacturer recorded revenue of EUR381.4 ... [more] |  | Omega Lift in receivership
CANADA A receiver has been appointed as Omega Lift has slipped into insolvency.
As flagged last week, the Bolton, Ontario manufacturer is being wound up by the Toronto-Dominion Bank which, ... [more] | Mixed fortunes for US manufacturers
There have been mixed results in the latest round of financial reporting in the US.
Terex Corp.
Terex Corp. has boosted its income from this time last year despite ... [more] | Terex MHPS deal approved
FINLAND Konecranes’ acquisition of Terex’s MHPS business has cleared two sets of regulators.
The deal has received a clearance without condition from the Antitrust Division of the United States Department ... [more] | CLARK adds J.M. Equipment
UNITED STATES CLARK Material Handling Company has appointed J.M. Equipment as an authorised distributor of CLARK products in the metropolitan markets of Fresno, Bakersfield, Santa Maria and Merced, California.
J.M. Equipment, ... [more] | JLG's Loux shares future vision
SINGAPORE Addressing International Powered Access Federation (IPAF) Asia members during the recent IPAF Asia Conference & Showcase in Singapore, Alan Loux, vice president - global marketing of JLG Industries, tied the ... [more] | Finalists announced for safety awards
UNITED KINGDOM The finalists have been announced for the 2016 Design4Safety Awards.
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The awards, organised by BITA, are open to all companies exhibiting at IMHX 2016 at the NEC in Birmingham ... [more] | Forklift accident leads athlete to Rio
BRAZIL A forklift accident changed the life of British athlete Samantha Kinghorn, who will represent her country in the Paralympics.
Kinghorn, 20, grew up in the Scottish Borders region and ... [more] |
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| | ANNOUNCEMENTS (Ads) | Advertise here | The Case for Casters and Beer
Ideal for high volume, fast-paced distribution facilities and factories, St�rke now offers its Continuous Stability System in its LiftMaxx line of AC electric pallet trucks and straddle stackers. Outfitted with cantilevered casters instead of fixed stop supports, St�rke’s CSS prevents tipping and product damage at higher speeds and while taking corners. After all, no one likes to see beer bottles smashed on the floor. [more] |  | Special purpose vehicles for disposal logistics
HUBTEX container transporters make organising sewage and similar treatment plants easy. Wastewater treatment, waste incinerator and waste disposal companies count on containers as load carriers for their logistics purposes. [more] | The future is REAL
Real FMX will assist with wear and tear reduction, improve normal component life cycles and mitigate risk and abuse. [more] | IMHX 2016 - leading exhibitors
IMHX is the largest meeting place for the UK’s logistics industry. This September over 20,000 supply chain professionals will gather to evaluate cutting edge technologies, explore the latest industry solutions and discuss how to increase efficiencies within supply chain operations. [more] | Stellana US Inc. Announces New Polyurethane Tire Smoothy�90
Stellana US Inc., a global manufacturer of molded polyurethane and rubber wheels and tires, is happy to announce the addition of Smoothy�90 to its family of polyurethane press-on tires. [more] | KEYSHOCK Impact Abuse Alarm for Equipment
KEYTROLLER’S KEYSHOCK is a simple extremely rugged, very affordable, stand-alone impact alarm and monitoring system that is used on variety of vehicle and machine applications [more] | Lonking Continues Growth into International Market at CeMAT 2016
Leading construction and logistics machinery manufacturer Lonking Holdings Limited successfully unveiled their products at CeMAT 2016. The six new forklifts launched at the four-day trade fair held at Hannover Exhibition Center attracted over 200 clients, of which more than 50 expressed their intention to represent Lonking’s products. [more] | Lean warehousing - show why you are leaders in the industry
The fast paced and global supply chain in which companies operate and compete, calls for optimal efficiency in the warehouse.
Forkliftaction News is tackling lean warehousing, exploring the ... [more] |
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| | | | Advertisement | Advertise here | Looking for a better way to separate your people and plant?
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Orbit’s BodyGuard i-Tag system is a pedestrian detection and warning system that provides an adjustable sized safety exclusion area around your vehicles to keep people and plant apart.
To learn more about the BodyGuard i-Tag system, send us an send an email or visit the ShopFront.
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