If you’re currently shopping for a forklift you might be wondering what the right lift is for your operation. Even if this isn’t your first forklift you still might be asking yourself if there is a better type of forklift that can help your operation be more efficient.You may also need more than one type
Here are some easy maintenance tips that will help you get the most life out of your lead-acid forklift battery. Lead-acid batteries have a limited life which can be shortened by poor maintenance, incorrect charging, and harsh operating conditions. But with a few easy maintenance tips you can make your battery last as long as
Globally, the number of new industrial trucks sold dropped 7% in the first half of 2020 compared with 2019. The EMEA region (western Europe, eastern Europe, Middle East, Africa) had the largest decline in new orders, seeing a drop of 16.4 percent. The Americas region (North, Central, and South America) were the next hardest hit
General OverviewWorldwide economic growth in 2019 slowed to 2.9% from 3.6% in 2018. Economic uncertainties such as trade disputes among the United States, China, and the European Union, Brexit, and economic cycles in China and India led to increased unwillingness to invest from the world’s companies.According to KION Group, the world’s second largest lift truck
Required minimum distributions from traditional retirement accounts have been extended from age 70.5 to 72. That means savers can delay paying taxes on their retirement savings for another 18 months. This change takes affect January 1, 2020.
US real gross domestic product increased at an annual rate of 2.1% in the third quarter. The first and second quarters saw GDP growth of 3.1% and 2.0% respectively (source: Bureau of Economic Analysis).
Freight rates are down year over year for the last six months in the US. And because 2018 was such a strong year for the freight industry many new trucks were ordered and freight companies expanded capacity. So too much capacity and not enough freight has led to much lower prices.Read more from businessinsider.com
Total Lift Truck MarketThe global lift truck market grew by 10.2% in 2018 to 1.5 million units. All lift truck classes saw gains with the largest gains coming from Class III products – Electric Motor Hand or Hand-Rider Trucks.US factory shipments of forklift trucks rose 9.29% from 212,002 total units in 2017 to 231,696 total
Below is a reference guide to the 7 different classifications of forklifts that are available in the market today. This useful guide will help you make an informed decision when choosing the right for your company.CLASS 1 – ELECTRIC MOTOR RIDER TRUCKSA Class 1 unit is powered by an industrial battery and electric motor. These
Goldman’s 2019 Global Economic Outlook was recently published. Here are a few of the points and link to the full report: Goldman Sachs – Landing The Plane Global economic growth expected to slow to 3.5% in 2019 from 3.8% in 2018. Risk of a recession will grow after 2019. When 2018 is in the books