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Buffalo Forklift Blog — forklifts

Top 20 Lift Truck Suppliers 2016

Posted by Arcangelo Capozzolo on

Top 20 Lift Truck Suppliers 2016

Toyota Industries Corporation (TICO) has again claimed the No. 1 spot on Modern’s annual list of the Top 20 lift truck suppliers, as KION Group held second place with nearly double the revenues of third-place finisher Jungheinrich. Although the combined value of the list grew less than a percent, 2015 was a good year for lift truck sales. While several companies appear to have reported lesser revenues, many also reported growth in unit sales as well as net revenue increases in local currency before conversion to the relatively strong U.S. dollar. Brett Wood, chairman of the Industrial Truck Association (ITA)...

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No shortcuts to quality operators

Posted by Arcangelo Capozzolo on

No shortcuts to quality operators

The art and science of building a team of forklift operators has changed in recent years. Extreme peaks, labor shortages and the growing sophistication of forklifts and related systems have all conspired to keep labor expenses at the top of a facility’s costs. The need for rapid onboarding and better-than-average operator performance means body count is no longer enough. To preserve the productivity, safety and sustainability of a team of operators requires new thinking about training and cost management. David Hoover, founder and president of Forklift Training Systems, says training practices suffer from at least three major pitfalls: unrealistic expectations,...

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Forklift Truck Market Size Will Grow at 6.9% CAGR by 2021

Posted by Arcangelo Capozzolo on

Forklift Truck Market Size Will Grow at 6.9% CAGR by 2021

Key driving factors identified in the global forklift truck market include expansion of warehouse space globally, growing e-commerce business across the globe, strong demand for forklift truck replacement in developed markets, and bulk investments in purchase of low-cost forklift trucks in emerging markets.According to the report, the global forklift trucks market was valued at US$ 35.3 Bn in 2014 and is projected to expand at a CAGR of 6.9% during the forecast period to reach US$ 55.9 Bn by the end of 2021. Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/forklift-trucks-market.aspAssessing the various factors driving the market growth, PMR analyst opined, "The global...

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