Terex names new chief AI, data officer
Terex has named Namita Jindal senior vice president and chief AI and data officer, effective immediately. Namita Jindal Jindal will...
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Material Handling
Big Joe Forklifts launches financial services division
Big Joe Forklifts has launched Big Joe Financial Services, a division designed to simplify and expand financing options for dealers...
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Toyota Material Handling, Raymond Corp. set to merge
Equipment manufacturers Toyota Material Handling and The Raymond Corp. will merge under the name Toyota Material Handling North America, effective...
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Elevated lift inventory pushes down values
Inventories for aerial lifts and forklifts continued to rise in November, further dropping equipment values and putting more pressure on the...
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Treon launches predictive AI material handling solution on AWS
Treon has launched an AI-powered predictive maintenance solution for material handling that is now available through the Amazon Web Services...
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CraneWorks, Hammar Lift partner for US sideloader support
CraneWorks has formed a partnership with Hammar Lift to bring Hammar’s sideloader container-handling equipment to a broader U.S. market. Under...
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Q&A with … EverBank’s vendor equipment finance team
EverBank is aiming to tap into a growing marketplace with the addition of a materials handling team to its vendor equipment finance business. The Jacksonville, Fla.-based lender’s expanded materials handling offering positions it to...
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Lease returns drive 29% jump in used forklift inventory
Lease returns and steep depreciation curves resulted in a glut of used materials handling equipment inventory last month. While equipment lenders have identified growth...
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