BREXIT

Forklift Truck Market set for modest growth despite Brexit uncertainty

Forklift Truck Market set for modest growth despite Brexit uncertainty

BITA, BREXIT, Industry
  The British Industrial Truck Association (BITA) – the UK trade association for manufacturers and suppliers of forklift truck and associated components and services – has predicted a modest strengthening in the market for the sector despite the economic upheaval imposed by continuing uncertainty over Brexit. New data from BITA’s latest market analysis, released exclusively to BITA members, is forecasting successive growth over each of the next three years, largely due to increased levels of activity in sectors such as food & beverages, transport & storage, and retail & wholesale distribution. Last year was a relatively strong one for the forklift truck industry with sales increasing 2.5% to more than 35,000 units. Sales growth is expected to be a little mo
Pallet Truck Parts from W Hall are ready for Brexit.

Pallet Truck Parts from W Hall are ready for Brexit.

BREXIT, Dealer, PARTS
As Brexit looms Pallet Truck Parts have been busy preparing Steve Britton Hall commented, “We’ve been busy over the last few weeks reorganising our warehouse, our stock holding ability has now doubled and with Brexit looming Pallet Truck Parts are ready for any eventuality.” With one of the largest stocks of pallet truck spares in the UK Pallet Truck Parts are confident that they can fulfil your order and as they are located in Northern Ireland, they can continue to provide fast delivery to the whole of UK and ROI. Visit their online store for parts from leading manufacturers including BT, Crown, Warrior, Totallifter and Logitrans From wheels and load rollers to handle assembly’s and seals it is easy to order online. Unsure of your needs? Check out their parts finder to
TVH anticipates Brexit outcome with massive new warehouse

TVH anticipates Brexit outcome with massive new warehouse

BREXIT, Industry, PARTS
TVH, one of the world’s largest suppliers of material handling, industrial and agricultural equipment parts and accessories, has acquired whatever the outcome of the Brexit negotiations, a massive new warehouse right in the centre of the UK. This way Stephen Smallbone, General Sales Manager of TVH UK, and John Percy, Managing Director of Bepco UK, want to guarantee the excellent level of service customers have come to expect. “In order to guarantee long-term support for our customers in the UK market, we have now purchased a warehouse right in the centre of the UK - in Kidderminster, Worcestershire,” Smallbone announced yesterday in a direct mail to their UK customers. He continues: “This solution is twofold. Firstly, the Kidderminster warehouse is currently 130,000 square feet with
Linde Material Handling assures customers it is “prepared for Brexit, no matter what”

Linde Material Handling assures customers it is “prepared for Brexit, no matter what”

BREXIT
With the deadline for Brexit fast approaching, many businesses are looking to secure their plans for trade in the UK after March 29th. Linde Material Handling is just one of those businesses. Linde serves more than 50,000 UK customers each year including the supply of trucks and equipment made in manufacturing bases across Europe and operates from 20 sales and service centres around the UK run centrally by its Basingstoke head office. Like many other international suppliers in the industry, Linde is preparing for potential delays at the borders but has a range of solutions for its UK customers. Mark Sullivan, vice president of business operations and systems at Linde Material Handling in the UK said: “At Linde, we established a project team within our business several months a
Customs delay fears driving demand for short-term rental forklifts

Customs delay fears driving demand for short-term rental forklifts

BREXIT, Manufacturer, News
Narrow Aisle Ltd – manufacturer of the Flexi range of articulated forklift truck-based intralogistics solutions - is experiencing unprecedented levels of demand for its range of short-term rental (STR) trucks. “Customers who operate warehouses feel they need to bolster their material handling fleets with extra vehicles to cope with the additional goods they are storing on behalf of companies that are stockpiling products to ensure their business is not affected by possible future customs or port delays,” says Narrow Aisle Ltd.’s commercial director, John Maguire. John adds: “With companies seeking to minimise the risk of supply chain disruption in March by holding increased inventory, warehouse operators across the UK are under intense pressure to increase storage capacity and mainta
Combilift seek out new suppliers amid Brexit fears.

Combilift seek out new suppliers amid Brexit fears.

BREXIT, Manufacturer
Martin McVicar, chief executive of Monaghan-based forklift maker Combilift, which sells 25 per cent of the vehicles it assembles to the UK, recalls that the company hedged against this by buying as many components as it could from British suppliers, thus using cheaper sterling to cut costs, offsetting the impact of the more expensive euro on the price of the finished trucks. Combilift changed that policy a year ago as a hard Brexit – that is the UK crashing out of the EU without a deal – seemed more likely. “We are very purposely looking for suppliers outside the UK,” he says. “We are still dealing with UK suppliers that we have always dealt with, but now we are looking more on mainland Europe. The last thing we want to be doing is paying import duties.” A “no-deal” Brexit would l
Getting ready for Brexit

Getting ready for Brexit

BREXIT, Finance
Investec’s Andrew Woodward believes that while UK businesses need to be mindful of the bigger picture and take steps to protect themselves from risks such as FX and importing tariffs, leaders must continue to focus on the specifics of their particular businesses. “The materials handling industry is a good bellwether for the economy and in particular the confidence at any given time due to the fact it covers so many sectors from manufacturing, warehousing, distribution, wholesaling, retailing amongst many others,” he says. He continues: “Our job at Investec Materials Handling is to ensure there is a viable funding option to facilitate the rental and hire of materials handling equipment throughout these ups and downs. We will consistently work to offer finance facilities that reflect t
How a $1.4 Million Contract Loss Shows No-Deal Brexit Cost

How a $1.4 Million Contract Loss Shows No-Deal Brexit Cost

BREXIT, Business, Euronews
Want to know how no-deal Brexit fears are already hurting the U.K.? Just ask Martin McVicar, who runs Combilift, which produces about 6,000 forklift trucks annually in Ireland for export. Up until this year, he imported seats costing about 200 euros ($232) apiece from a Welsh factory. Now, he’s switched the 1.2 million-euro contract to a German manufacturer, fearing a hard Brexit will hit his existing supply chain. “Brexit’s the driver -- we wouldn’t have changed otherwise,” McVicar said, sitting in Combilift’s gleaming factory in Monaghan, about 10 miles from the border with Northern Ireland. “We’re not growing our supply chain in the U.K., we’re curtailing it until we see clarity.” McVicar’s decision is a microcosm of the pain already inflicted on the economy by Brexit, much of
No Brexit Exit for Hoppecke

No Brexit Exit for Hoppecke

Batteries, BREXIT, Finance, Service
Despite concerns about prospects for economic growth and the uncertain commercial landscape post-Brexit, for energy management specialist Hoppecke Industrial Batteries it’s business as usual. Whilst the likes of Airbus, Unilever and BMW have been voicing fears over the impact on their businesses of a ‘no deal’, Hoppecke has signalled its commitment to doing business in the UK by signing a 15-year lease on its assembly and warehouse facility in Staffordshire. This move comes amid a period of stability that has seen Hoppecke’s UK subsidiary outperform the market across all areas of its business, with total revenue up by more than 36% over the past two years. It also provides clear reassurance both to Hoppecke’s customers and its workforce that the company intends to continue with the u
DD for Davis

DD for Davis

BREXIT, Top Stories, UK Today
Brexit Secretary David Davis quits David Davis has resigned as Brexit Secretary, complaining that the government's agreed policy makes it look "less and less likely" that the UK will leave the customs union and the single market. Theresa May faces MPs later, as she outlines the plan discussed by the cabinet, with critics complaining that it will lead to a "soft" Brexit. Mr Davis - who was followed in his resignation by junior minister Steve Baker - said the UK could be left in "at best a weak negotiating position". But the prime minister said she didn't agree and thanked Mr Davis "warmly" for his work. BBC political editor Laura Kuenssberg says another key Leave campaigner, Environment Secretary Michael Gove, is favourite to take on the Brexit brief, which includes leading negotiati...
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