Risk Assessment
As you well know there are quite a few issues facing dealers for the balance of 2022 and into 2023. We have Inflation with many factors pointing to Stagflation. We have interest rate risk (which is scary). We have credit risk from your OEM down to your customer level. We have increased transportation costs. We have pending EV interest and requirements....
Three lessons learned at Automate 2022
According to a report by Oxford Economics, faster adoption of automation could equate to an extra $4.9 trillion per year to the global economy by 2030. That’s equivalent to an economy greater in size than Germany. Where better to learn about this potential than America’s largest showcase of automation, Automate 2022? Claudia Jarrett, US country manager at automation parts supplier, EU Automation, examines the three biggest trends from...
Abel Womack celebrates 100 Years in Business, continues Legacy of Innovation
The Northeast US premier material handling company marks a major business milestone, building on one hundred years of dedication, professionalism, and integrity Abel Womack, a Northeast, US full-service lift truck, automation, and intralogistics company, has announced that it is reaching its key milestone of 100 years in business in 2022. This latest achievement is underscored by the company’s culture of teamwork, expertise, customer...
Achieving Zero Emissions in Construction and Agricultural equipment
Each segment of the transportation industry carries its own challenges in electrification, and some are easier to overcome than others. Personal automobiles, for example, have relatively few remaining challenges. Perhaps the biggest remaining issue for automobiles is the improvement of charging infrastructure to eliminate “range anxiety,” but there is no major technological barrier to solving this problem. Likewise, there are strong...
Rethinking Supply Chain Management
The supply chain crisis continues to place enormous strains on business. Global trade has been knocked out of balance. COVID-19 outbreaks continue to plague us all. COVID outbreaks in China closed two of the world’s busiest container ports. A marooned ship blocked traffic through the Suez Canal. And more than 100 ships were idled for weeks off the ports of Los Angeles and Long Beach, waiting for trucks to arrive to clear the...
Warehouse workers demand better technology
New Insights From Lucas Systems ‘Voice of the Warehouse Worker’ Market Study Warehouse workers value technology so much that they are willing to take a pay cut and switch jobs to use tech to help them do their jobs better, according to market study insights released today from Lucas Systems. The study polled 500 U.S. on-floor warehouse workers in May 2022 and is the first of its kind to examine workers’ relationships with technology...
Material Handling Professionals continue to choose Propane over alternatives
Why propane forklifts are cleaner and more productive Many challenges are facing material handling operations today—labor, rising energy costs, supply, and demand issues. It makes choosing the right equipment crucial. Propane-powered forklifts have been around for more than 70 years, and yet some professionals still have doubts about the capabilities, efficiency, and environmental impact of this equipment. Here are a few reasons why...