April 2024 Logistics Manager’s Index Report® LMI® at 52.9
Growth is INCREASING AT AN INCREASING RATE for: Inventory Costs, Warehousing Capacity, and Transportation Capacity. Growth is INCREASING AT A DECREASING RATE for: Inventory Levels, Warehousing Utilization, Warehousing Prices, and Transportation Utilization. Transportation Prices are CONTRACTING. The Logistics Manager’s Index reads in at 52.9 in April 2024. This is down (-5.4) from March’s reading of 58.3, which was the highest rate of...
Alta Equipment Group announces First Quarter 2024 financial results
First Quarter Financial Highlights: Total revenues increased $20.9 million year over year to $441.6 million Construction and Material Handling revenues of $255.6 million and $174.3 million, respectively Product support revenues increased 6.5% year over year with Parts sales rising to $72.9 million and Service revenues increasing to $64.0 million New and used equipment sales grew 4.1% year over year to $228.6 million Net loss available...
The Plastics Show exceeds 50k registrants
The largest plastics trade show in the Americas embraces learning & networking opportunities all week long NPE2024: The Plastics Show received an incredible turnout with more than 50,000 attendees. The event, which runs from May 6-10th in Orlando, Florida, attracts thousands of attendees across the globe, displaying the continued strength and innovation of the plastics industry. “The energy and excitement at NPE2024 are truly...
WERC 2024: Register now to advance warehousing knowledge
Gain warehousing insights from experienced industry leaders WERC 2024 speakers are trail blazers who bring their real-world experiences with the latest technology and trends from the frontlines of logistics. Join WERC 2024 to learn from their expertise and take home the tools you need to improve your warehouse and distribution center operations. Annual Conference June 2-5 2024, Dallas, TX Register and join...
KION North America and Fox Robotics announced non-exclusive strategic partnership
KION North America (KION NA), manufacturer of Linde Material Handling equipment, and Fox Robotics have entered into a non-exclusive partnership wherein KION NA will manufacture and assemble FoxBot autonomous trailer loader/unloaders (ATLs) at its facilities in Summerville, South Carolina. “We are at a pivotal moment in the logistics and transportation industry, where innovation is key to addressing some of the most pressing challenges...
Yale announces expanded dealer territory for LiftOne
Hyster-Yale Group, Inc., Yale Lift Truck Technologies has announced LiftOne® will be appointed the authorized Yale® dealer for all territory served by WMH Solutions, formerly known as Wheeler Material Handling. The territory change becomes effective June 1, 2024, expanding LiftOne’s existing Yale territory across portions of North Carolina, South Carolina, Alabama, Georgia, Tennessee, and Virginia, served by 20 locations. Yale Lift...
Softeon named a visionary in the 2024 Gartner® Magic Quadrant™
Softeon’s recognition as a Visionary in the Gartner Magic Quadrant for Warehouse Management Systems for the 13th consecutive time is based on our ability to execute and completeness of vision Softeon has announced that it has been named a Visionary in the Gartner Magic Quadrant for Warehouse Management Systems for the 13th time in a row. A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a...
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