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|This week's crop of financial reports continues the good news we saw last week.
Jungheinrich had another impressive quarter, with net sales up 22% and production rising 12% from the same period last year.
The stand-out region for the German giant was China, where half-year volumes soared by 41%.
Meanwhile, compact equipment manufacturer Wacker Neuson notched up record revenue levels for the second quarter of 2017, up 11% from 2016, while EBIT rose more than 40%.
And we also read this week that more than half of forklift users in the US are planning to buy new equipment in the next 12 to 24 months. Most of the purchases will be replacement equipment, with 42% of businesses expanding their fleets.
So, it looks like there are plenty of opportunities for manufacturers and dealers as the economy continues its steady growth.
|Local News||Editorial articles by Forkliftaction News|
|Liebherr steps up in Australia Australasia News|
Sydney, NSW Liebherr Maritime has announced plans to establish its own service, spares and sales activities in Australia, New Zealand and the Oceania region.
Morrow Australia has represented Liebherr’s mobile harbour ... [more]
|Winery chooses Bravi Australasia News|
Moorebank, NSW An iconic Victorian winery has made a dramatic saving in production time and major improvements in safety by commissioning a Bravi Sprint elevated work platform.
Yering Station Winery in ... [more]
|Company fined $275,000 over death Australasia News|
Melbourne, Vic A towing company was convicted and fined $275,000 over an incident in which an employee loading a boom crane onto a truck parked on a suburban road was struck and ... [more]
|Global News||Editorial articles by Forkliftaction News|
|Jungheinrich optimistic for 2017 results|
GERMANY The Jungheinrich Group has raised its forecasts for the current financial year on the back of strong performance in the first half of 2017.
The group’s latest results include ... [more]
|Wacker Neuson gains momentum|
GERMANY Compact equipment manufacturer Wacker Neuson has reported record revenue levels for the second quarter of 2017.
Group revenue rose 11% from the same period last year, reaching EUR425.2 ... [more]
|Users still buying - survey|
UNITED STATES More than half of forklift users in the US are planning to buy new equipment in the next 12 to 24 months.
In its annual Lift Truck Acquisition & ... [more]
|OHM sells forklift arm|
IRELAND OHM group, one of Ireland’s largest vehicle dealers, has sold off its forklift division as it looks to “streamline” its business.
According to The Times, British company Briggs Equipment ... [more]
|Movers & shakers|
B&B Attachments, Hiab [more]
|Linde adds two Li-ion trucks|
GERMANY Linde has launched three new counterbalance trucks with 90V lithium-ion batteries.
Following on from the launch of its 1.4 and 1.8 T models in late 2016, Linde ... [more]
Raymond Handling Concepts recognised
- Fremont, CA, United States
IFOY Award goes to Intralogistics
- Ismaning, Germany
Bristow Beds chooses manufacturer
- Chambersburg, PA, United States [more]
|Staples pilots robotic solution|
UNITED STATES Office supplier giant Staples has announced the development of a robotic materials handling solution for its fulfillment centres in the US.
Powered by Great Star Industrial, the technology combines ... [more]
|Crown Paints opts for Flexis|
UNITED KINGDOM Crown Paints has invested in a fleet of seven articulated very narrow aisle (VNA) forklift trucks from Narrow Aisle Ltd’s Flexi range for operation at its production facility in Hull. ... [more]
|Banner Plant adds Snorkel lifts|
UNITED KINGDOM UK plant hire specialist Banner Plant Limited has added four Snorkel electric scissor lifts to its fleet.
Banner Powered Access has taken delivery of two Snorkel S3215E and two ... [more]
|ANNOUNCEMENTS (Ads)||Advertise here|
|Helper for efficient food & beverage logistics|
Three of the most common types of attachment used in food and beverage manufacturing have recently been completely overhauled by KAUP [more]
|EP Equipment installs 60 machines in German Automotive Logistics|
Materials handling equipment is being replaced with EP Equipment, starting with 60 units of tow tractors, pallet trucks, forklift trucks and reach trucks
|JAC Automobile and Volkswagen Group sign joint venture agreement to produce new energy vehicles|
JAC and Volkswagen aim to promote the development of the new energy vehicle (NEV) industry and sustainable mobility, facilitate the Chinese auto industry’s transformation and upgrading, and build their cooperation into a new role model for Sino-German cooperation in the industry [more]
|A Greater Display of Accountability|
RTS recently launched its modular Driver Display unit that can act as a standalone or as part of the full FMX Forklift Management System package [more]
|With Cascade Specialty Attachments, the Sky’s the Limit|
No matter what type of material handling challenge you may have, Cascade Corporation can design a solution for you. [more]
|Stand out from the crowd, exhibit at SAUDI TRANSTEC 2017|
Saudi Transtec Conference brings together experts from the Logistics, Supply Chain community -providing the industry with the opportunity to share technical expertise and knowledge. [more]
|Register for free today to attend Australia's leading OHS event|
Only 5 weeks until Safety in Action returns to Melbourne on 5-6 September. With over 100 exhibitors, 3 concurrent conferences and a great line-up of industry experts, educating today’s OHS professionals, it’s set to be a promising event experience. [more]