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NEWS : This week's news
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Americans may have reason to be concerned about the falling greenback, but for forklift manufacturers and vendors, the slump in the US dollar may be a silver lining. With the US dollar recently hitting a 15-month low against a basket of leading currencies, the time has never been better for exports. Some would see the current conditions as ideal for the trade of US equipment – new and used – as prices fall against competitors from regions with relatively overvalued currencies. The low greenback also helps stave off competition from imports in the domestic markets, although the linking of the Chinese currency to the greenback obviously means the low end of the market remains out of reach for American suppliers. As usual, it’s a matter of some seeing the glass as half full, while others take the half-empty approach.


NEWS STORIES
Jungheinrich: Global demand marginally better
Hamburg, Germany
Global demand for material handling equipment in the third quarter of 2009 experienced a marginal resurgence...
E-P opens China’s largest warehouse forklift factory
Hangzhou, China
E-P Equipment has opened what it claims is the largest electric warehouse equipment factory in China. At...
Manitex reports 2009 ups and downs
Bridgeview, IL, United States
Manitex International, Inc., provider of engineered lifting solutions including boom truck and rough-terrain...
Grupo Laeisz now supports Heli brand
Memphis, TN, United States
Grupo Laeisz has been appointed the newest authorised Heli forklift dealer. It will represent the complete...
Konecranes closes factory, finalises acquisition
Hyvinkää, Finland
About 18 workers are likely to lose their jobs when Konecranes closes its crane production and assembly...
Autoquip acquires American Lifts
Guthrie, OK, United States
The Autoquip Corporation has acquired American Lifts from the Columbus McKinnon Corporation. The company’s...
Drive pedestrians to forklift operator training
NORTH AMERICA
By Tom Andel, contributing editor According to the National Institute for Occupational Safety and...
Watts Tyres sold to Premia Group
Lydney, United Kingdom
Watts of Lydney Group has sold Watts Tyres to focus on strengthening its truck and van sales, services...
Trade show exceeds most expectations
Utrecht, Netherlands
The global economic downturn may have concerned Logistica 2009 exhibitors, but their show stands were...
Swedish inventor develops versatile forklift
Frösön, Sweden
A Swedish company is introducing an omni-directional telescopic forklift that it claims can do the work...
LFTS sold to Linde Sterling
Warrington, United Kingdom
Lancashire Fork Truck Services (LFTS) of Oldham has been bought for an undisclosed sum by Linde Sterling...
Briefs
Lord Baker praises JCB Academy Rocester, United Kingdom Britain’s former education secretary has...
Narrow Aisle Flexi adds VNA truck to range
Tipton, United Kingdom
Narrow Aisle Ltd has introduced an award-nominated, articulated forklift for very narrow aisle applications. The...
Werner Global Logistics opens in Australia
Melbourne, Victoria, Australia
Werner Global Logistics Australia, a subsidiary of US-based Werner Enterprises, has opened in Australia,...
NZ port rail link on schedule
South Auckland, New Zealand
Construction of the rail exchange at Wiri Inland Port in South Auckland is on schedule, with completion...
Improving safety for stevedores
Canberra, ACT, Australia
Safe Work Australia has released three guidance publications aimed at offering a national approach to...
Businesses warned of safety scam
Sydney, New South Wales, Australia
WorkCover NSW is warning businesses to beware of calls from bogus sales representatives offering to...
Supply chain project on cards
Canberra, ACT, Australia
The Australian Logistics Council (ALC) plans to launch a major project to produce an industry position...
Brighter outlook for Christmas and beyond
Melbourne, Victoria, Australia
As broader signs of a strengthening economic recovery take hold, Australian companies are expecting...

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MEDIA RELEASES
Fleetman Consulting Inc. | Representing the Interests of the End User
New Forklift & Used Lift Truck Fleet Management Experts Representing The Interests Of The End User A leading edge forklift consulting firm with a unique approach toward forklift fleet management, located near Vancouver, BC, Canada, is attracting attention because the company is primarily focused on representing the interests of the end user. They are not associated or obligated to the forklift dealer network or lift truck manufacturers in any way and therefore they are in a position to offer unbiased and credible forklift solutions to all of their clients. With over 20 years of lift truck industry experience, their extensive product and fleet management expertise is guaranteed to reduce all forklift costs such as buying, leasing, rentals, parts, service and operator safety training. In addition, they look for efficiency gains that will lead to increased productivity, reduced downtime and a better overall return on assets. They also look for ways to increase safety and storage capacity without affecting other areas of your business.
TCM New Dealer Announcement - Aurora Lift Truck Service
TCM America, Inc, NJ Division, is pleased to announce that Aurora Lift Truck Service, is joining the TCM family. The company, headquartered in Montgomery IL, brings 36 years experience to the table as they begin marketing the entire TCM portfolio (Classes I, III, IV and V) in the Chicago, IL suburbs. Aurora’s hallmark is superior after-sales service and backup designed to build customer confidence. The company offers total turnkey support covering all aspects of logistics and warehousing. From lift trucks and racks to mezzanines, loading dock equipment and Industrial Batteries, Aurora Lift Truck is committed to being their customers’ “one-stop shop” for all of their materials handling needs. This dedication will enhance the value of the TCM brand in the area.
Premia Group Limited acquire Watts Tyre Group
Premia Group Limited have announced the acquisition of Watts Tyre Group, the industrial tyre producer & distributor. Premia Group Limited is a private consortium owned by Jean-Paul Mindermann, Paul Morey and Andreas Karnein who were part of the senior management of Watts Tyre Group as Chief Executive, Finance Director and Technical Director respectively. The company will continue to trade under the Watts name.
Automotive component supplier cuts forklift fleet costs with Flexi
Narrow Aisle Flexi – manufacturer of the Flexi range of articulated forklift trucks – has won a contract to supply Flexi EURO trucks to the Leipzig factory of leading automotive components supplier Magna Intier. The new facility provides the complete interior trim for the newly launched Porsche Panamera, the elegant four door sports car. Magna Intier, who provide component parts and other services to a wide range of top-end car manufacturers, including BMW, Mercedes-Benz, Porsche and Aston Martin, are using the Flexi trucks to delivery components from an on-site storage warehouse directly to the production line.
Somerset Capital…Leading the way in the field of industrial equipment financing….Today, Tomorrow, and into the Future
Established in 1984, Somerset Capital Group, Ltd. offers highly customized equipment leasing, asset based financing and asset management solutions. Our experience and financial strength give us the flexibility to offer you a variety of operating leases, capital leases and purchase-leaseback plans tailored to your specific needs. In fact, many of our clients select Somerset specifically for our expertise in structuring competitively priced transactions ranging from $25,000 to more than $25 million.
Lifetime Contribution Award Presented to Cascade Corporation President
Shanghai, China, October, 2009 – At an award ceremony in Shanghai, China in October, The China Industrial Truck Association (CITA) recognized the significant impact Cascade Corporation has played in the development of the forklift industry in China. The China Lift Truck Association presented Mr. Bob Warren, President of Cascade Corporation, with a “Lifetime Contribution” Award. This was the first time since its foundation that CITA has bestowed top honors to those individuals who made such notable contributions to the development and improvement of the Chinese forklift industry.
Nissan Forklift Corporation Announces its New Vice President of Sales & Marketing
Marengo, Illinois – November 4, 2009. Nissan Forklift Corporation is pleased to announce Mr. James J. (Jim) Radous III as its new Vice President of Sales and Marketing for North and South American operations. In this expanded role, Jim will have responsibility for all sales, marketing and communication activities related to both new equipment and aftermarket parts. For six years prior to joining Nissan, Jim was V.P. of Sales for Knaack LLC, a subsidiary of the $25 billion manufacturing and technology giant, Emerson Electric. (NYSE: EMR) As a key member of Knaack’s executive staff, Jim directed all strategic sales initiatives through its network of global distributors, with additional responsibilities that included major retail accounts such as Home Depot. Additional roles within this position included the development of international business segments, customer service, training and inside sales disciplines.

PRODUCT WATCH
APEX 11- New A-Lift, 3 wheels driven multidirectional Forklift truck with travel mast.
Apex 11 Ltd is a Bulgarian company specialized in development, production and trade with diesel and electro-forklift trucks. We are glad to present you our new product, which is developed and produced by APEX 11- the 3 wheels driven multidirectional Forklift truck with travel mast -A-Lift.
CBD10A ---Semi Electric pallet Truck from Ningbo Ruyi
Ningbo Ruyi has more than 417 types of Lift Trucks, with capacities from 500 Kg to 5000 Kg, and we released our latest Autumn catalogues in October, 2009. The new series of catalogues feature enriched product listings, detailing all the features and advantages of the products, to give a clearer and professional guide to customers. Here, we’d like to introduce our Free Lifting Stacker ---Model CBD10A Serial which include 1000 Kg capacity Model CBD10AII and 1500 Kg capacity Model CBD10A III.
EquipmentFX- Ever heard of a marketing company with a “pay-for-performance” program?
This is an industry first: EquipmentFX is a marketing company that is so sure of a plan that, given time, will put its money where its mouth is with a unique “pay for performance” guarantee.

SAFETY FIRST
Richard Shore: Have your training risks been properly assessed?
"Reasonably practicable" is a term often bandied around in safety circles, but what exactly does it mean?





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