News Edition #1104 - 24 November 2022
This copy is for Preview, Australia
The world's biggest equipment rental company, United Rentals, is about to become even bigger with its acquisition of Ahern Rentals.
This is just the latest in a string of rental acquisitions this year, prompted by rising demand for equipment at a time when supply lines are tight and purchase prices are rising.
United says the deal was motivated by a desire to expand its US footprint - and Ahern's 106 locations will certainly help. But the acquisition will also increase efficiency and cost-savings - and, of course, assist United in its negotiations with suppliers.
And speaking of mergers and acquisitions, readers might have spotted an error in last week's Inside Forkliftaction message, when we referred to the Cargotec/Kalmar deal. Of course, that should have been the abandoned Cargotec/Konecranes merger!
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The Federal Court has ordered that overhead crane company NQ Cranes Pty Ltd pay a $1 million penalty after it admitted that it had entered into an anti-competitive cartel...
A man has suffered serious injuries to his legs after he was allegedly run over by a forklift at a Shepparton business. According to local police, a forklift reversed...
Leader Computers is saving hours getting stock ready to ship to its resellers following Dematic integrating AutoStore technology within its Sydney warehouse. Leader Computers supplies exclusively to IT resellers...
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United Rentals has agreed to acquire the assets of family-owned Ahern Rentals for USD2 billion in cash. United Rentals is the largest equipment rental company in the world, with...
The confidence of the US equipment finance sector is falling, with the latest Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) falling. The November confidence index fell to...
Yann Leca, Exotec
Jeff Mason, Flux Power
Vilmar Fistarol, CNH Industrial
Rafael Miotto, CHN Industrial
Amilcare Merlo, president and founder of the Merlo Group, passed away earlier this month at the age of 88. Family members describe Merlo as "a brilliant and visionary entrepreneur...
Taylor Machine Works is celebrating 95 years in business. The garage and machine shop founded in 1927 has grown into one of the world's largest American-made privately owned companies...
UK Material Handling Association is warning against excessive cranking over of the engine and repeated starting attempts for LPG forklifts. This follows recent reports of cold starting issues on...
A total of four cranes and a collection of mobile equipment were required to complete demolition of the 150-year-old British-era Carnac bridge between Chhatrapati Shivaji Maharaj Terminus (CSMT) and...
Toyota Material Handling (TMH) and Toyota Motor North America (TMNA) have collaborated to assist Mom's Pantry in Phoenix with the donation of a new, custom-built electric forklift. This equipment...
Home Depot is being sued after an employee ran over a Santa Fe man, leading to the amputation of his leg. Santiago Brito was struck by the forklift driven...
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Genkinger has been creating robust, durable and customisable solutions for materials handling in the sheet metal industry for over 100 years.
How can you move a batch of palletised goods in half the time? It's simple: carry the pallet loads two at a time. That's the idea behind the new platform double pallet handler range from Cat® Lift Trucks.
UN's new NL series lithium battery forklift, with capacity from 2,000 to 3,500kg, uses IC forklift's tough design with electric forklift benefits, making it convenient and efficient.
At 10:00 am on November 18, Heli held the global launch of the new K2 series 5-10 tons internal combustion forklift at its headquarters! Partners from home and abroad sent congratulatory videos on the launch of the new Heli K2 series product.
Safety in operations is gaining increasing attention these days. Potential risks associated specifically with warehouses and production areas are becoming especially apparent at times when goods handling is extremely busy. However, the growing portfolio of safety solutions from Linde Material Handling (MH) can assist.
Sensortronic Weighing & Inspection Australasia (SWIA) is an industry leader in weighing measurement solutions and is an exclusive agent for the Compuload range of products.
The next generation of container handling equipment is here with Mobicon Systems' second generation of the hugely popular 2HL mini-straddle carrier.
INTELLilight is a flexible lighting solution for work machines that can be adapted to the operators needs and to the environment with which they are working in.
StocExpo has undergone a rebrand, celebrating the evolution of its exhibition and the energy industry. StockExpo will be held from 14-16 March 2023 at Rotterdam Ahoy, Netherlands.
LAST WEEK'S MOST READ
MOVERS & SHAKERS
chief financial officer, Exotec, United Kingdom
vice president of operations, Flux Power, United States
president, North America, CNH Industrial, United Kingdom
Manager - Latin America, CHN Industrial, United Kingdom
FACT OF THE WEEK
John Lennon had terrible eyesight and was very self-conscious about it. Early in his career, he would not wear his glasses during performances. In the end, John's 'granny glasses' became one of his most iconic trademarks. His last pair, worn on that tragic day in 1980, are kept at 'The Beatles Story' exhibit in Liverpool, insured for over £1 million.
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