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Global rating agency Fitch has upgraded its forecast for global real GDP growth for 2018, now predicting a rise of 3.4%.
But it warns that risks to the global economy continue to rise. Trade risks continue to mount and emerging markets are undergoing a second bout of significant financial stress.
China remains a good news story, with the agency revising its growth predictions upward for 2018 and 2019 to 6.7% and 6.5%, respectively.
What does it mean for our industry? More economic activity, rising demand for commodities and products, more forklifts and, fortunately or unfortunately (depending on your place in the supply chain), higher prices.
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| Local News | Editorial articles by Forkliftaction News
| ALC welcomes new minister Australasia News
Canberra, ACT The Australian Logistics Council (ALC) has thanked the outgoing Minister for Urban Infrastructure and Cities, Paul Fletcher, for his close cooperation with the freight logistics industry during his time in ... | Swinburne offers supply chain course Australasia News
Melbourne, Vic Swinburne University has partnered with international leading logistics and freight management company CEVA to offer its Master of Supply Chain Innovation course in an Australian-first collaboration.
The postgraduate course ... | Stockland eyes logistics Australasia News
Sydney, NSW Property developer Stockland will be investing in logistics projects to tap into the rise in online shopping and e-commerce.
The Sydney Morning Herald reports that Stockland’s move will be ... |
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| | | | Global News | Editorial articles by Forkliftaction News
| Bobcat boosts Czech facility
CZECH REPUBLIC Doosan Bobcat has announced a swathe of investments in new technology, machinery and processes at the company’s Innovation Centre in Dobris in the Czech Republic. The Innovation Centre is the ... | TVH opens a new distribution centre
UNITED STATES TVH in the Americas has opened a new distribution centre in Portland, Oregon.
“In this industry, it is not enough to have great products. You also have to ... | Kalmar Customer Experience Center work begins
UNITED STATES Kalmar has broken ground on an industrial site in North Charleston, South Carolina, which will house a new Customer Experience Center (CEC).
The facility will serve as a showroom, ... |  | Movers & shakers
Genie, Linde Material Handling, Hiab | Cropac expands partnership with Terex
CANADA The Terex Cranes distributor for Atlantic Canada, Cropac Equipment, is broadening its product offering with new models of Terex tower cranes and expanding its territory to include all of Eastern ... | Eastern Lift Truck opens new facility
UNITED STATES Eastern Lift Truck Co. has opened a new branch in Lincoln Park, New Jersey.
The opening of the facility will allow Eastern Lift Truck to support and respond to ... | Briefs
Start-ups to vie for award
- Ismaning, Germany
Yale showcases industry solutions
- D�sseldorf, Germany | CLARK appoints Southern New Jersey dealer
UNITED STATES CLARK Material Handling Company has appointed C&C Lift Truck, Inc. as an authorised distributor in the Southern New Jersey market.
“C&C Lift Truck, Inc. is a family-owned business ... | PALFINGER enters crawler crane market
GERMANY PALFINGER will debut its first crawler crane at the IAA Commercial Vehicles in September in Hanover.
The PALFINGER Crawler Crane (PCC), the first PALFINGER crane mounted on a ... | Jungheinrich updates Capron warehouse
GERMANY German motorhome manufacturer Capron, part of the Erwin Hymer Group, has commissioned Jungheinrich to expand the warehouse capacity at its production site in Neustadt, Saxony.
The Jungheinrich solution comprises ... |
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|  | | | Advertisement | Advertise here | CONTAINER HANDLERS & LARGE FORKLIFT TRUCKS - INTERMODAL SUPPLY
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| | ANNOUNCEMENTS (Ads) | Advertise here | Two Birds with one Apple
With FMX, traditionally used to monitor Forklifts, farmers can see all their assets in a single view and make sure that their equipment is performing as they should.
|  | FSIP Launches New Online Store
FSIP is excited to announce the launch of their new online store, located at www.shop.fsip.biz. Browse & order new and remanufactured controls, battery chargers, motors, handsets, joysticks, dash displays, battery maintenance equipment and much more. | Planetary Gear Bearings For Material Handling Vehicles
Planetary gears require immense power to move material handling equipment while operating within a compact design. This series from CCTY Bearing needs only a small amount of radial space and provides heavy load capacity. | Now available: Advanced Lift-Truck Technology International 2018
The Advanced Lift-Truck Technology International 2018 Showcase is now available online! | CeMAT Russia Exhibition. Moscow. 19-21 September 2018
International Exhibition for materials handling, warehousing equipment and logistics
Sections. Find out what's in store for 2018. | Leaders, suppliers and buys to meet at leading infrastructure event in Oman
Infra Oman - dubbed as one of the largest building and construction expo in the Middle East has been continuously defining the industry's development for the last 7 years. | The Battery Show Continues to Charge Ahead with Top-Tier Content
The Battery Show, North America's largest advanced battery technology event, today announced its Advanced Battery Technologies conference, which will run alongside its 2018 event. |
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| | | | Advertisement | Advertise here | 200 CROWNS IN STOCK
PHL has recently acquired over 200 second hand Electric Crown equipment. The machines are available in great prices in packages or separately. Our large stock of forklift trucks include also Linde, Still, Hyster, BT, Toyota, Mitsubishi, Caterpillar, Cesab, Atlet and many other brands.
PHL: www.phl.co.uk | ShopFront | Send an email | t: +44(0) 1784 818181
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