News Edition #1101 - 3 November 2022
This copy is for Preview, Australia
Reporting season is well under way, and we are seeing manufacturers with increased sales and revenues, but their profit margins under pressure.
This is largely because the sales performance is a result of bulging order books and supply chain bottlenecks which have prevented the factories from filling orders. We are aware of ongoing shortages, although the situation seems to be improving in many markets.
The question, of course, is whether the strong sales growth can be sustained, especially in a high-inflation environment. One hint that things may start to slow is the recently released economic activity report from the Institute for Supply Management (ISM). The latest index shows falls in order backlogs, new orders and prices. So, in the United States at least, it looks like after 29 consecutive months of economic growth, things are cooling down.
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Direct Freight has deployed 1,400 mobile devices to enhance its logistics operations and improve delivery accuracy and efficiency, and provide greater connectivity with drivers. "At Direct Freight, we understand...
A new Forklift Operator of the Year has been crowned after a tightly contested grand final at the Brisbane Produce Market, with Soolefai Fale from GNL Produce taking out...
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KION Group ended the first nine months of the 2022 financial year with a solid order intake and strong revenue, driven in particular by the Industrial Trucks & Services (ITS...
While the numbers were down, organisers say bauma 2022 exceeded their expectations. The seven-day event attracted around 3,200 exhibitors from 60 countries, down from 3,684 exhibitors from 63 countries...
The American Logistics Aid Network (ALAN) continues to co-ordinate help and support in the wake of Hurricane Ian, the large and destructive Category 4 Atlantic hurricane that caused widespread...
Martin Leopold, InstaFreight
Mark D'Amato, RoyPow USA
Peggy Cheong, NT WorkSafe
Noblelift North America has completed the expansion of its Des Plaines, Illinois headquarters. Growth and expansion have been constant for Noblelift North America. In 2016, the operations were housed...
Parfetts, an employee-owned cash and carry wholesaler, has upgraded the materials handling equipment across its seven depots with the introduction of new reach trucks, counterbalance trucks and powered pallet...
OneCharge and India's Nexilon Energy Systems have entered into a strategic partnership. OneCharge and Nexilon formed an all-India exclusive joint venture partnership to design, manufacture and sell lithium batteries...
Swiss materials handling dealer Arbor AG recently celebrated its 60th anniversary with three days of festivities at its premises in Lindental, Bern. More than 1,000 people joined the celebrations...
Towlift has been appointed to represent Cat Lift Truck and Jungheinrich forklift and warehouse product lines in the Oakland, California Bay Area, effective 1 January 2023. Towlift will serve...
Haulotte has appointed Avi Cranes as its sole certified distributor in Israel. Avi Cranes is the third-largest rental company and the largest lift operator in Israel. With a large...
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With nearly limitless productivity-enhancing options with attachments, forks, masts, and related technologies for forklifts and AGVs, Cascade offers the beverage industry a variety of materials handling solutions to lower operational costs and meet demand.
The vendors of material handling equipment (aka - forklifts) have not served the industry in North America well by supporting the conversion to electric forklifts from internal combustion dinosaurs.
Europe's leading fork manufacturer Vetter is an innovative pacemaker in the field of integrating smart sensor technology in the forks of the AGV to make Logistics 4.0 even more efficient, safer and simpler.
The next generation of container handling equipment is here with Mobicon Systems' second generation of the hugely popular 2HL mini-straddle carrier.
Turn your logistical expenses into profit generators utilizing RAVAS material handling mobile weighing and dimensioning solutions.
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LAST WEEK'S MOST READ
MOVERS & SHAKERS
chief financial officer, InstaFreight, Germany
sales manager – USA, RoyPow USA, United States
executive director, NT WorkSafe, Australia
president & CEO, Konecranes, Finland
FACT OF THE WEEK
During the Greek uprising in March 1821, the Ottoman forces ran out of ammunition and started to chip away at the lead joints that held together the pieces of marble that made up the Parthenon. When the Greeks found out, they decided to sell bullets to the Turks so that they would stop destroying the ancient monuments.
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