News Edition #1105 - 1 December 2022
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There's some optimism about the global economy from one of the world's leading banks, Deutsche Bank.
The bank's chief investment officer for Private Banking, Christian Nolting, is tipping mild recessions in Europe and the US for 2023, "but improving dynamics in Asia where supply chains are all but resolved".
He's also flagging stabilising interest rates. "Price rises will moderate due to easing commodity prices, unchained supply chains and central bank action but inflation will remain a problem in 2023," he notes.
One of the bright spots for the year ahead is infrastructure, "the backbone of sustainably growing economies". That bodes well for the materials handling sector whose fate is so closely tied to infrastructure.
Nolting lists the risks as geopolitics (specifically, Taiwan), monetary policy errors, liquidity crises, real estate crashes, tech wars - and the "unknown unknowns".
AUSTRALASIA NEWS
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Logistics and supply chains are facing a deepening skills shortage, according to a report in The Australian. The newspaper says industry leaders are calling for an immediate increase in...
Chinese manufacturer Hangcha has launched an Australian subsidiary, Hangcha Australia, following on from similar operations in Europe, South East Asia, the United States, Canada, the Netherlands and Mexico. The...
Australia's Kimberley Ports Authority has set a record for its heaviest crane lift, completing a 72 T lift from the vessel Normand Saracen. The lift involved INPEX cargo known...
“…I'm happy to report that we recently appointed an ideal candidate who found us via the Forkliftaction ad. This speaks volumes from my point of view.”
- Hamish Clark, President - SEEN Safety Inc.
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WORLD NEWS
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KION Group is planning a multi-million Euro expansion of its Reutlingen production facility. "By expanding the production by some 60%, we are sending an important message about the future...
Parts giant TVH has selected the Körber K. Motion Warehouse Management System (WMS) and K.Motion Warehouse Control System (WCS) for its warehouse automation. TVH will upgrade warehouses across five...
Industry association MHEDA is losing its CEO, with Liz Richards announcing that she will retire at the end of next year. "When I was first hired to run this...
Sweden's Semax has appointed three new dealers in Europe as part of its expansion drive on the continent. Profiservice GmbH has been appointed as the authorised Semax dealer for...
Kalmar Ottawa has sold its 80,000th terminal tractor. The milestone terminal tractor was sold by Cal-Lift, a family-owned dealership established in 1964 that has represented the Ottawa brand across...
GAM and Haulotte have confirmed a new collaboration agreement. GAM specialises in custom solutions for industry, manufacturers, and logistics specialists. Haulotte Ibérica, the Spanish subsidiary of the Haulotte Group...
Honeywell has expanded operations in Nuevo Leon at its Global Supply Chain Centre of Excellence in Monterrey, one of its main logistics centres in the northeast region of Mexico...
As Dematic celebrates reaching the milestone of 50 years of operations in Asia, there is a real optimism in the logistics automation and software company's Asia team about the...
Thorough Examination accrediting body CFTS is advising that we are heading into the perfect time of year to make sure essential equipment is not only safe but is in...
A number of equipment suppliers have joined with Dutch government agencies to form Infra Capacity Alliance (ICA), a disaster support network similar to (but broader than) ALAN in the...
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ANNOUNCEMENTS
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BSLBATT, a fast-paced, hi-tech company focused on advanced lithium-ion technology solutions, recently announced the order for Yale, Toyota Jungheinrich, Nichiyu and Still forklift batteries for a leading forklift dealer.
HC Forklift America Corporation (HCFA), a wholly-owned subsidiary of Hangcha Group, is excited to announce the XH Series High Voltage Lithium-ion Pneumatic Forklift with a 26,000-36,000lb load capacity.
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.
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.
The 61st Annual Australian Supply Chain and Logistics Awards were held at Park Hyatt, Melbourne on Friday 5 November 2022. There was an unprecedented audience in attendance and it was an incredible night of inspiration and innovation.
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SPECIAL FEATURES
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Electrification, a heightened awareness of the need for safety, and steps forward in terms of speed and efficiency are among the cargo handling sector's most notable recent developments. Read the story |
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FEATURED BUSINESSES
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Deerlijk, West Vlaanderen - Belgium
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FORUM DISCUSSIONS
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FORKLIFT DIARIES
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Donna Waldrep
The team at Carolina Handling wanted a unique project that was grand enough to get the attention of those outside the materials handling industry, while also honouring the service of their veteran associates. Cue the Patriotic Pallet Project, a 50x50-pallet painting of Lady Liberty.
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LAST WEEK'S MOST READ
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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
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FACT OF THE WEEK
The People's Choice Word of the Year 2022 as announced by Macquarie Dictionary was decided by Australia as "bachelor's handbag". The term refers to a takeaway roast chicken, often packaged in a small plastic bag with a handle which resembles a handbag. As it is prepared for immediate consumption, often favoured by a single person, it received this humorous colloquial name.
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MACHINERY-ONQ
Machinery-onQ.com is the one place to source and sell all yournew and used machinery.
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