News Edition #1038 - 12 August 2021
This copy is for Preview, Australia
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INSIDE FORKLIFTACTION
Going, going, gone! Consolidation in the industry continues with this week's announcement of the acquisition of Euro Auctions by the world's largest equipment auction house, Ritchie Bros.
This is certainly a big deal - not just because of the billion-dollar price tag, but also because it involves two of the largest auction players in the world.
Of course, buyers will be concerned about the impact in terms of reduced competition, but Ritchie Bros. stresses the benefits of the union in terms of sharing inventory management services, data solutions, financing, warranty, insurance, inspections, refurbishing, shipping, etc.
There's no doubt the union means more centralised control over what equipment reaches the market and when and how it is offered, but at the end of the day, the buyers still decide if they bid or not.
As we often say, time will tell...
AUSTRALASIA NEWS
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Condolences continue to pour in for forklift driver Aude Alaskar, who died suddenly from the COVID-19 virus. At 27, he is one of Australia's youngest COVID fatalities. Alaskar's football...
WorkSafe Victoria is warning about the dangers of working at height after a death earlier this month and 11 serious incidents involving falls from height since 24 July. The...
- AUD $3500 (ex. GST)
- Handles 20' & 40' ISO containers,
& flat racks - Capacity: 33,000kg
- Reconditioned, repainted, very clean
- Long & short term rental options
Click here for photos and detailsContact Jesse Schultz, 0427 575 722
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WORLD NEWS
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Ritchie Bros., a leading global asset management, disposition and services company, and Europe's leading plant and machinery auction house, Euro Auctions, have entered into an agreement under which Ritchie...
Third Wave Automation has raised USD40 million in an offering supported by existing investors including Toyota Ventures. The additional funds will accelerate growth and commercialisation efforts for the AGV...
Clark Material Handling Company has appointed Conger Industries as an authorised distributor of Clark products for the Wisconsin and Upper Michigan market. "Clark is very pleased to welcome Conger...
Udo Schmidt was recently named as managing director for Cascade Europe following the retirement of Charlie Mitchelson. Schmidt has been with Cascade since 2003 and has held various important...
KION, Kirby-Smith Machinery, Cargotec/Konecranes
Talent in Logistics Postponed - Telford, United Kingdom
Logistics UK confirms 2021 awards - Tunbridge Wells, United Kingdom
Hong Kong-based LCL consolidator Charter Link Logistics Group has opened its first Australian office in a move intended to significantly increase its business in the South Pacific region, and...
Bobcat has launched a new version of the S450 radius lift path skid-steer loader, introducing Bobcat's new branding scheme for the first time in the Middle East and Africa...
Yale Materials Handling Corporation has announced the winners of the 2020 Dealer of Excellence award, the company's top honour for members of the Yale dealer network. The award recognises...
To paraphrase Crocodile Dundee, that's not a big forklift: this is a big forklift. Cooper Specialised Handling is boasting the biggest forklift around: "an incredible 80 tonne capacity forklift...
ANNOUNCEMENTS
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A new range of the Hyster® UT Series is being introduced to Australasia and the Asia-Pacific, to provide enhanced driver comfort and a low total cost of ownership for the forklift operator.
Make the change to cleaner and more reliable power with lithium drop-in battery solutions for material handling equipment, from RoyPow Technology.
REDDOT offers clean and efficient lithium-powered forklifts, stackers and pallet trucks and is currently looking for distributors!
Innovative projects and products from Kiwitron will help you measure performance, optimize logistics costs, and provide new revenue.
EIKTO lithium battery, which recently celebrated its 20,000th battery delivery, was recently approved by Mercedes-Benz after 6 months of intensive testing.
IMHX Connect 2021 will be live from 13 - 17 September 2021.
IN THE DISCUSSION FORUMS
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Jorge_Ramirez, United States
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FACT OF THE WEEK
Be mindful of the flowers you give Russian business associates or friends. Avoid flowers with yellow colors as they represent a break-up of a relationship or deceit. Also avoid red carnations as they are presented to veterans who survived the war and on the graves of those who have left this earth.
Aunt Claudia's Museum Indigenous Dolls
In Juneau Alaska, one toy collector's legacy of hundreds of unique items includes the most diverse display of northern indigenous dolls.
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FORKLIFT DIARIES
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Forklift instructor and warehouse manager Peter Faiers shares stories from his 35 years in the industry and provides insights into the changing landscape of safety training.
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LAST WEEK'S MOST READ
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MOVERS & SHAKERS
chief executive officer, KION, Germany
president and CEO, Kirby-Smith Machinery, United States
president and CEO, Cargotec/Konecranes, Finland
vice president, JLG Industries, United States
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Offering the latest solutions across the transportation, stationary, portable, and industrial sectors, The Battery Show is a must attend event for professionals and the suppliers looking to meet them. It's co-located with the Electric & Hybrid Vehicle Technology Expo, which offers the latest solutions in automotive technology, drivetrain, and EV/HEV power systems. Learn more here.
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UPCOMING EVENTS
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September 13 - 17, 2021
Virtual Event, United Kingdom
September 21, 2021
Istanbul, Turkey
14 December, 2021
Sydney, Australia
October 24 -30, 2022
Munich, Germany
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JOB OPPORTUNITIES
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Philadelphia, Mississippi, United States
Clinton, Mississippi, United States
Richland, Mississippi, United States
Richland, Mississippi, United States
Elk Grove Village/Bedford Park, United States
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