Forklift orders stagnate in 2024 but reasons for optimism remain
Macro-economic downturn and high interest rates cause forklift order books to stagnate in 2024. The majority of forklifts will be powered by lithium-ion (li-ion) batteries by 2034. ICE forklift market demand to shrink to 500,000 units by 2034. According to the latest research by Interact Analysis, the forklift market is not performing as well as initially expected in early 2024. This has led the global market intelligence specialist...
AAR Reports Rail Traffic for the week ending December 7, 2024
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending December 7, 2024. For this week, total U.S. weekly rail traffic was 520,894 carloads and intermodal units, up 4.4 percent compared with the same week last year. Total carloads for the week ending December 7 were 224,899 carloads, down 1.8 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 295,995 containers...
Post-IMTS decline in Manufacturing Technology Orders blunted by rebound in Aerospace Investment
Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $385 million in October 2024. These orders for metalworking machinery decreased 14.5% from September 2024 and were 5.5% behind October 2023 orders. Year-to-date orders reached $3.74 billion, a decline of 7.5% compared to the first 10 months of 2023. Although...
Combilift scoops ‘Company of the Year’ at the 2024 Business & Finance Awards
Combilift, the global leader in material handling solutions, has been awarded Company of the Year at the prestigious Business & Finance Awards 2024, in association with KPMG Ireland. This remarkable achievement marks Combilift’s 9th major win in the past three months, solidifying its position as an industry leader. The Company of the Year award, presented to Combilift’s CEO Martin McVicar by Seamus Hand of KPMG at the 50th...
Myers Industries strengthens commitment to employee growth
Myers Industries has reaffirmed its dedication to employee development with the launch of an award-winning leadership program for managers across the company. The initiative, created in partnership with FranklinCovey is designed to cultivate and enhance essential management skills. Introduced earlier this year, the 12-week, cohort-based experience immerses managers in FranklinCovey’s acclaimed Six Critical Practices for Leading a...
Make SafetyFOCUS in Las Vegas a New Year’s resolution
With 2025 approaching, occupational safety and health professionals should make a New Year’s resolution to pursue professional development to advance their careers. An upcoming opportunity from the American Society of Safety Professionals (ASSP) is SafetyFOCUS in Las Vegas. Attendees must register by Dec. 12 to get the best rate. The SafetyFOCUS in-depth education experience covers a broad range of topics. It helps safety...
ROYPOW’s progress and growth in the Material Handling Battery Industry in 2024
With 2024 now behind, ROYPOW is reflecting on a year of dedication and celebrating the progress and milestones achieved throughout the journey in the material-handling battery industry. Expanded Global Presence In 2024, ROYPOW established a new subsidiary in South Korea, bringing the total number of its subsidiaries and offices worldwide to 13, reinforcing its commitment to developing a robust global sales and service network....
Our Current Issue
Free Magazine & eNewsletter
Current Supplements
