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The US-based Equipment Leasing and Finance Association shares some interesting predictions this week, based on its experience from the USD1 trillion equipment finance sector.
One of the key forecasts is that capital spending will reach record levels this year, which is good news for materials handling equipment suppliers. One reason for the surge is corporate tax cuts in the US. It also believes new technology will be very appealing as businesses look for ways to increase efficiencies and profitability.
But it may not be all plain sailing. ELFA warns of possible interest rate rises, slower residential housing market growth and possible labour shortages if curbs on immigration go ahead.
So, interesting times ahead in the United States ...
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 | | Local News | Editorial articles by Forkliftaction News
| JCB sells 10,000th machine Australasia News
Melbourne, Vic JCB Construction Equipment Australia (CEA) recently sold its 10,000th JCB machine in Australia through its dealer, the Michaels Group.
JCB CEA has been selling JCB agricultural and construction equipment ... [more] | Toyota tops the list - for the 9th time Australasia News
Moorebank, NSW Global forklift leader Toyota has topped the Australian forklift market for the ninth consecutive year, achieving an average marketshare of nearly 40%.
Official Australian Industrial Truck Association (AITA) ... [more] | Senior leadership changes at Linfox Australasia News
Melbourne, Vic Linfox has announced several senior leadership changes in the Australasian business, including the appointment of Mark Mazurek as Linfox Logistics CEO ANZ and
Annette Carey as non-executive director on ... [more] |
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|  | |  | | Global News | Editorial articles by Forkliftaction News
| ELFA posts 2018 predictions
UNITED STATES The Equipment Leasing and Finance Association (ELFA), which represents the USD1 trillion equipment finance sector, has released its top 10 equipment acquisition trends for 2018.
Given that US ... [more] | UK forklift sector increases value
UNITED KINGDOM Forklift financier DLL has been classed as the largest materials handling business in the United Kingdom.
The latest ranking by industry analyst Plimsoll keeps the Dutch-based global vendor finance ... [more] | Rule change for pharmaceutical forklifts
UNITED KINGDOM An update to the EN1755:2015 standard introduced late last year is likely to affect how pharmaceutical firms, and their suppliers, manage their forklifts.
"Pharmaceutical manufacturers are handling high volumes ... [more] |  | Movers & shakers
LEEA, Hiab [more] | Columbia Machine partners with OTTO Motors
UNITED STATES Columbia Machine recently partnered with OTTO Motors to incorporate the OTTO 1500 Self Driving Vehicle (SDV) into current and future applications.
The OTTO 1500 is a heavy-duty self-driving ... [more] | Grenzebach adds AGV
GERMANY Technology developer Grenzebach has added a new AGV model, the Mobile Robot MR10S.
The latest addition is a combination of the standard L1200S vehicle and a collaborative robot. ... [more] | Briefs
Manitou innovation recognised
- Paris, France
FLTA crowns Safety Champion
- Berkshire, United Kingdom [more] | Vernazza Autogru adds Terex RT 90s
GERMANY One of Italy's largest crane service suppliers, Vernazza Autogru, has placed an order for two Terex RT 90 rough-terrain cranes. Vernazza Autogru's new Terex RT 90 cranes have a five-section ... [more] | MHEDA program announced
UNITED STATES MHEDA has released details of its 63rd Annual Convention to be held at The Loews Miami Beach Hotel in Florida from May 5-9.
Titled "What's Your Vision?", the gathering ... [more] | Driver jailed for forklift death
UNITED STATES A Logan County man has been sentenced to 30 months in prison for the forklift death of another contract worker two years ago at the Honda R&D Americas facility in ... [more] |
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| | ANNOUNCEMENTS (Ads) | Advertise here | Evolving Resource Management
FMX is fast becoming the product of choice for forklift fleet management both locally and internationally. Due to its modular nature, FMX is adaptable to any fleet no matter the size, application or budget. [more] |  | Cascade's Rental Programs Offer Value and Flexibility
At locations around the globe, Cascade offers the opportunity for attachment rentals to provide customers with the best solution possible. [more] | Meijer Handling Solutions Expansion Growing to meet demand.
Meijer Handling Solutions is nearing completion of a 19,400 sq/ft building expansion which will house additional production space for their growing telescopic KOOI-REACHFORKS� line. [more] | MODEX 2018 - Find the solutions to FUTUREPROOF your supply chain
With 850+ exhibits and education sessions, MODEX 2018 is where you’ll find the best equipment/system solutions for manufacturing/supply chain challenges. Visit modexshow.com and join us April 9-12, 2018 at Georgia World Congress Center in Atlanta. [more] | New electric Doosan forkliftsat Alha Airport MXP - Malpensa
Last October, an interesting delivery has taken place at Malpensa airport, with the central role being played by Doosan branded forklifts. [more] |  | Fork Production Boost for Bolzoni
The new fork production line is ready. The Bolzoni Hebei dedicated state-of-the-art fork manufacturing plant in Longhua, China, has tripled the fork production capacity in the last six years. Further flexibility and increased fork model range. [more] | Nominate the best forklift drivers and instructors in the world
Employers have a unique opportunity to reward and celebrate their best forklift drivers and instructors as the Talent in Logistics Awards are now open for nominations. [more] | Breakbulk Middle East returns to Abu Dhabi
Breakbulk Middle East is the only exhibition and conference in the region specifically for the project cargo and breakbulk industry. The conference will be held at ADNEC, Abu Dhabi on 6th-7th February 2018. [more] |
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