Forklift Buyers Prioritize Service Over Price in 2024

Forklift Buyers Prioritize Service Over Price in 2024

The 2024 forklift procurement survey reveals that service quality has surpassed price as a key decision factor. In the face of economic uncertainty, companies are prioritizing return on investment, demanding higher reliability, ease of maintenance, and spare parts availability for forklifts. The report highlights trends in forklift fleet management, the impact of economic factors, procurement intentions, and spare parts replacement. It provides valuable insights for industry stakeholders, emphasizing the shift towards long-term value and operational efficiency over solely focusing on initial purchase price.

02/04/2026 Logistics Industry Insights
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Service and Cost Drive 2024 Forklift Purchasing Trends

Service and Cost Drive 2024 Forklift Purchasing Trends

The 2024 forklift application survey reveals that service quality and total cost of ownership are surpassing price as key factors in forklift procurement decisions. Companies are placing greater emphasis on reliability, service support, safety, and energy efficiency during evaluation. Economic conditions are influencing purchasing intentions, and regular replacement of parts is a primary maintenance focus. This shift indicates a growing awareness of the long-term value and operational efficiency offered by superior service and reliable equipment, rather than solely focusing on initial purchase price.

02/04/2026 Logistics Industry Insights
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New Jersey Unveils Iff RD Helicopter Landing Pad

New Jersey Unveils Iff RD Helicopter Landing Pad

The Iff R & D helipad is located at Union Beach, New Jersey, providing a 150×100 feet takeoff and landing space suitable for small helicopters. Although there is no METAR weather data and a lack of user reviews, its geographical location and flexibility make it an ideal choice for efficient travel.

08/08/2025 Airport Codes
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12step Guide to Streamline International Shipping for Exporters

12step Guide to Streamline International Shipping for Exporters

This article provides a detailed analysis of twelve key steps in international shipping, including booking space, S/O issuance, container pickup, stuffing, customs clearance, document amendment and confirmation, cost settlement, and collection of export verification forms. It aims to help foreign trade enterprises efficiently and compliantly complete the process of shipping goods overseas. The article covers the entire shipping workflow, offering practical guidance for navigating the complexities of international trade and ensuring smooth export operations.

09/26/2025 Logistics Encyclopedia
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North American Class 8 Truck Orders Surge Amid Economic Recovery

North American Class 8 Truck Orders Surge Amid Economic Recovery

North American Class 8 heavy-duty truck orders surged in September, increasing by 66% month-over-month and 160% year-over-year, reaching a new high since October 2018. This surge is driven by a combination of factors including economic recovery, tight capacity, and equipment replacement, reflecting market confidence in future freight growth. While risks remain, the overall market outlook is optimistic, and the logistics industry is poised for further expansion. The strong order numbers indicate a positive sentiment within the trucking sector regarding the near-term economic environment.

01/29/2026 Logistics
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North American Heavyduty Truck Orders Decline Amid Industry Uncertainty

North American Heavyduty Truck Orders Decline Amid Industry Uncertainty

The decline in North American heavy-duty truck orders in March has raised concerns. Data from ACT Research and FTR Associates both indicate orders were below expectations. Multiple factors contribute to this downturn, including model transitions, inventory strategies, diesel prices, and freight volumes. Despite these challenges, replacement demand persists, and technological innovations and regulatory policies will create new opportunities. The industry needs to proactively adapt to changes and stay attuned to market trends. This period requires careful navigation to maintain stability and capitalize on emerging possibilities within the heavy-duty truck sector.

02/03/2026 Logistics Industry Insights
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Guide to International Ocean Freight Terminology Unveiled

Guide to International Ocean Freight Terminology Unveiled

This article provides an in-depth analysis of the freight forwarder's role in international shipping, covering shipping operation processes, vessel operation processes, and key terminology such as S/O and Bill of Lading. It aims to help foreign trade professionals better understand the shipping process, improve communication efficiency, and ensure the safe and efficient transportation of goods, ultimately facilitating smooth foreign trade operations. The article focuses on providing practical knowledge to navigate the complexities of international sea freight.

11/03/2025 Logistics Encyclopedia
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Safe and Efficient Operation Guide for Class 5.2 Dangerous Goods Sea Freight Export

Safe and Efficient Operation Guide for Class 5.2 Dangerous Goods Sea Freight Export

This article provides a detailed overview of the sea freight export requirements and considerations for Class 5.2 hazardous materials (D-type organic peroxides, solids). It includes information on booking documentation, approval timelines, procedures at different ports, and necessary customs documents. The importance of selecting an experienced freight forwarder is emphasized to ensure efficient and safe transportation.

07/15/2025 Logistics Encyclopedia
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Loadsmart Raises 200M to Transform Logistics Industry

Loadsmart Raises 200M to Transform Logistics Industry

Loadsmart announced a $200 million Series D funding round led by SoftBank Latin America Fund, with participation from existing investors like BlackRock. The funding will fuel technology innovation, market expansion, and talent acquisition. Loadsmart's automated logistics platform significantly improves logistics efficiency through intelligent matching, real-time tracking, automated pricing, and data analytics. This positions Loadsmart as a potential leader in the industry.

01/19/2026 Logistics
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AI Adoption Challenges Balancing Tech Investment and Workforce Needs

AI Adoption Challenges Balancing Tech Investment and Workforce Needs

A CompTIA report highlights the cost, security, and talent challenges associated with AI adoption. It emphasizes the critical importance of skills building, positioning Learning & Development (L&D) and Human Resources (HR) as vital components for successful AI integration. The report underscores the need to strategically balance the implementation of AI technologies with ongoing talent development initiatives to ensure a smooth and effective transition.

02/04/2026 Logistics Industry Insights
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