Business Trends

By Brian Feehan, President, ITA The global growth rate has been maintained at its strongest rate for the first time since 2010. The growth rate throughout 2017 has been above recent trends for both advanced and emerging economies and the acceleration has been more “synchronized” among the major economies than at any time since before the major financial crisis. This ...

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By George Prest, CEO, MHI There are many reasons to be optimistic in the year ahead as MHI is predicting overall growth in Material Handling Equipment Manufacturing (MHEM) for 2018 and 2019. The economic outlook in the latter half of 2017 was generally positive, the International Monetary Fund (IMF) raised its global growth forecasts, and leading indicators – like global ...

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By Robert Reinfried Exec. Vice President, CEMA The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first 6 months of 2017 increased 9.09% compared to the same period in 2016, with total orders of $6.23 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2017 increased 12.88% compared to the same ...

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“Has your company considered converting to a paperless or cloud-based system? If so, what successes and challenges have you faced in implementing it?” Pete Roell, President Concept Storage Solutions Ltd, Vaughan, Ontario Canada Concept has not converted to a paperless system and we continue to store all of our information on our own server. We like the comfort of having ...

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What’s Your Vision? Technology, automation and e-commerce are dramatically changing the way material handling companies operate. Are you ready for what’s ahead? MHEDA’s 2018 Convention will provide the tools and insights you need to face tomorrow’s lightning speed world. Check out the full schedule by clicking here.

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There are many reasons to be optimistic in the year ahead, as MHI is predicting overall growth in Material Handling Equipment Manufacturing (MHEM) for 2018 and 2019. Read the full story by clicking here.

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The mood on the supplier side of the material handlin industry is generally upbeat going into 2018. While a few companies predicted their sales would soar by 30 percent or more, most saw growth in the 5-10% range. Read more in the 2018 Suppliers Forecast by clicking here.

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MHEDA dealers across the country expect growth, though Storage and Handling anticipates a slow down. Read more in the 2018 MHEDA Distributors Forecast in the First Quarter Issue of the magazine by clicking here.

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The topic of transition plans has been a hot button issue throughout the industry in the last several years. As Baby Boomers have begun retiring, they need a transition plan to ensure that the company continues to thrive. We had the opportunity to speak with four MHEDA members who have ESOPs at their companies about the benefits and challenges of ...

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MHEDA’s 2017 Chairman of the Board Buddy Smith and CEO Liz Richards joined The MHEDA Journal for an interview to discuss the changes to this year’s Critical Impact Factors and how they will shape the material handling industry going forward. Read the full interview by clicking here.

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