Toyota Raymond Boost North American Forklift Market Presence

Toyota Raymond Boost North American Forklift Market Presence

Toyota Material Handling (TMH) and The Raymond Corporation have integrated to form Toyota Material Handling North America (TMHNA), effective April 1, 2024. This integration aims to improve operational efficiency and better serve customers while maintaining the independence of the Toyota and Raymond brands. TMHNA will integrate R&D, supply chain, and sales networks to enhance market competitiveness. The company is committed to technological innovation and service improvement, solidifying its position in the North American material handling market.

01/30/2026 Logistics
Read More
Russian Consumer Spending Rises on Youth Middleincome Demand

Russian Consumer Spending Rises on Youth Middleincome Demand

By 2025, the average Russian will shop 7 times a year, with young people and middle-income groups becoming the main driving force, showing a significant increase in shopping frequency. The proportion of men's clothing consumption has increased substantially. However, regional consumption differences remain significant, with residents in areas like Krasnoyarsk demonstrating a strong willingness to spend. Overall, Russian consumer behavior is evolving, driven by demographic shifts and regional economic factors, impacting shopping habits and expenditure patterns.

02/05/2026 Logistics Industry Insights
Read More
DHL Neste Partner to Boost Sustainable Fuel Use in Logistics

DHL Neste Partner to Boost Sustainable Fuel Use in Logistics

DHL and Neste are expanding their partnership to procure Sustainable Aviation Fuel (SAF), supporting DHL's goal of achieving net-zero emissions by 2050 and driving decarbonization in the logistics industry. This collaboration will enable DHL to reduce its carbon footprint and contribute to a more sustainable future for air freight. By investing in SAF, DHL is demonstrating its commitment to environmental responsibility and leading the way towards a greener logistics sector. The partnership highlights the importance of collaboration in achieving ambitious climate goals.

01/07/2026 Logistics
Read More
Coconut Palm Faces Backlash Over Controversial Marketing Tactics

Coconut Palm Faces Backlash Over Controversial Marketing Tactics

Coconut Palm Group's live streaming e-commerce has sparked controversy. Its 'gray area' marketing tactics bring traffic but face risks like poor sales and damaged brand image. Facing declining market share and competition from emerging beverage brands, Coconut Palm needs to return to its products, improve quality, innovate flavors, and establish a positive and healthy brand image to achieve brand revitalization. The company's current approach is unsustainable and ultimately detrimental to its long-term prospects. A shift in strategy is crucial for survival and growth.

01/04/2026 Logistics Industry Insights
Read More