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Second Quarter 2017 – Forklift Industry Report

  Forklift Industry Overview The global industrial truck market was up 17.4% overall in the second quarter of 2017 versus the same period of 2016.  A large portion of the global growth of incoming orders came from the Asia-Pacific market with an increase of 25.8% in the second quarter, The North America industrial truck market […]

First Quarter 2017 – Forklift Industry Report

Global Economic Snapshot and Forklift Industry Summary The first quarter of 2017 was marked with soaring stock markets, global political turbulence, and in the case of the forklift industry: continued growth. Since this time last year, 57 thousand new trucks have been sold, marking a 19.4% increase globally. The Asia-Pacific market has led the surge […]

forklift industry quarterly report

Third Quarter 2016 – Forklift Industry Report

Economic Snapshot and Forklift Industry Summary Third quarter headlines were all about the election, but since Mr. Trump doesn’t take office for a few months, we can happily dodge any discussion about the impact his administration will have on the economy. During the third quarter of President Obama’s last full year in office, US real GDP […]

Top 20 Lift Truck Suppliers

Top 20 Lift Truck Suppliers of 2015

The numbers have been tallied and the list of the 20 largest lift truck suppliers is out.  Toyota takes the number one spot and Clark broke the top 10 for the first time! 2015 Rank Company 2014 Rank 2014 Revenue (in millions) 2015 Revenue (in millions) % Change 2014-2015 North American brands World headquarters 1 […]

2nd Quarter 2016 Forklift Industry Report

Second Quarter 2016 – Forklift Industry Report

Economy Snapshot and Forklift Market Although the Brits decided being in the European Union wasn’t as fun as it used to be, the New York Stock Exchange still rose 2.64% from the first of April to the end of June this year.  And the price per barrel of Brent Crude Oil went up 28.5% in […]

First Quarter 2016 Forklift Industry Report

First Quarter 2016 – Forklift Industry Report

Although the SP500 declined 10% in January this year (the worst start to a calendar year ever), the index ended the quarter up 1.49%. And the Bureau of Economic Analysis put real GDP up 1.4% in the fourth quarter. It seems as oil went so did stocks. The chart below shows a very similar path […]

2015 Year in Review – Forklift Industry Report

You can read the full report with all of our special interest stories included here: 2015 Annual Forklift Industry Report Overall Lift Truck Market In 2015 the global lift truck market grew less than 1% to just under 1.1 million units. Growth in Europe, the Middle East, and Africa markets was 6%, with the majority of […]

Forklift Industry Report – Q3 2015

Industry Overview and Economic Data Order intake for industrial trucks dropped like a stone in Eastern Europe, Central and South America, and in Asia, excluding Japan. North America and Western Europe saw the only increases compared to the third quarter last year, and are really the only regions with increased industrial truck orders through 2015 […]