REIC acquires Bigfork Rentals
Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, LLC, has announced its acquisition of Bigfork Rentals, Inc., based in Kalispell, Montana. This move is part of REIC’s strategic aim to expand its footprint in Montana, enhancing its rental equipment offerings and market presence. Kinderhook Industries, known for its focus on middle-market businesses, supports REIC in leveraging growth opportunities within the equipment rental sector. By integrating Bigfork Rentals into its operations, REIC aims to bolster its service capacity and customer reach in the region. Bigfork represents REIC’s ninth add-on acquisition under Kinderhook’s ownership and its 21st since inception. Financial terms of the transaction were not disclosed. Greg Gallagher, REIC CEO, said: “Bigfork has established a reputation for providing high-quality equipment and service. The acquisition enhances REIC’s presence in Flathead and Lake counties in Montana, enabling us to better serve our customers in the region.” “I am excited to have completed the sale of the company to REIC,” said Steve Ricci, Bigfork owner. “I want to thank all of our employees and customers for their work and loyalty over the years to build Bigfork into what it is today. I also want to thank the rental industry for all their support and for the opportunity to serve their members.” “The geographic proximity of Bigfork to our other general rental locations makes this acquisition highly strategic for REIC as we continue to build density,” said Paul Cifelli, managing director, of Kinderhook. “We are excited for REIC to continue its acquisitive track record that has established the business as the partner of choice in the ongoing consolidation of the equipment rental industry.” Caldera Law served as legal counsel to REIC. Financing for the transaction was provided by a syndicate led by PNC Bank, National Association with participation from Flagstar Bank, N.A., Axos Bank, BancAlliance Inc., Bank Hapoalim B.M., First Merchants Bank, U.S. Bank National Association, Stifel Bank, MUFG Bank, Ltd., Capital One, National Association.
New Hikvision 4MP Panoramic Turret Camera: Smart monitoring with great flexibility
Hikvision, a manufacturer and supplier of security products and solutions that deliver the ideal combination of high performance and extreme value, introduces its latest innovation: the 4 MP Panoramic Turret Camera, designed to elevate surveillance with its smart monitoring capabilities and flexible installation. It takes the functionality of two turret cameras and merges them into one effective, high-performance panoramic camera. “Our new 4MP Panoramic Turret Camera sets a new standard in surveillance technology. It combines the functionality of two cameras into one, providing superior image quality and advanced features at a great price-performance ratio,” said John Xiao, Vice President of Marketing, Hikvision USA. “This product is perfect for those who need comprehensive security solutions without the complexity of multiple devices.” This state-of-the-art camera offers a 180-degree horizontal field of view, effectively doubling the surveillance area with just one cable and one IP address. Utilizing Hikvision’s advanced image fusion technology, it minimizes distortions through precise image stitching to provide a natural panoramic view. Enhanced by AcuSense technology, it accurately filters human and vehicle alarms, ensuring the utmost protection for valuable assets. 2-in-1 Combination: Great Price-Performance Ratio with Add-On Features The Hikvision 4MP Panoramic Turret Camera integrates the functions of two Hikvision AcuSense Turret Cameras into a single, efficient form factor. Its enhanced capabilities include a 180-degree field of view and built-in two-way audio, offering unparalleled detail with a flat view that reduces curvature for enhanced imaging details. Added features include: Excellent low-light performance powered by DarkFighter technology. One seamless image covering all scenes monitored by the camera. Clear imaging even in strong backlight due to 120 dB true WDR technology. Focuses on human and vehicle target classification based on deep learning. Active strobe light and audio alarm to deter intruders. Real-time security via built-in two-way audio. Water and dust resistant (IP67). The new Hikvision 4MP Panoramic Turret Camera is an essential addition for anyone seeking efficient and high-quality surveillance solutions. With its innovative features and reliable performance, it ensures comprehensive coverage and enhanced security.
LEDtronics new Bolt-on LED Bolt-on Panel Indicator is a bright choice for industrial control panels
Continuing to expand its offerings of LED indicators for industrial control panels, LEDtronics® introduces a new addition to its family of bolt-on panel indicators with the 120-volt, super yellow BS850CAF lamp. As with the rest of the series, the new LED panel indicator light has bipolar terminals that make it easily installed into 7/8 inch (22mm) diameter mounting holes with side-insert lead wires and Phillips screws. The high-intensity, direct incandescent-replacement lamp is sunlight visible and boasts a wide viewing angle of 125 degrees, making it an excellent choice for control panels in such applications as power plants, automation equipment, product floors, construction equipment, machinery, and medical equipment. It is also ideal for pilot lights, signal lights, and any similar control panels with a thickness no greater than 0.335 inch (8.51mm), with a recommended mounting hole of 0.899 inch (22mm). It features a flat, low-profile, super-yellow tinted polycarbonate lens with a separate white internal diffuser in a black PA66 nylon housing. A choice of other colors and voltages is available: 240VAC, 24V, and 28V AC/DC, and a lineup of lights in Super Red, Super Orange, Aqua Green, and Natural White. Offering energy savings, negligible heat generation, and a wide operating temperature range of -13 to +176 degrees Fahrenheit (-25°C to +80°C), the BS850CAF-120VAC uses less than 1 watt. The 120-volt lamp provides a luminous output of 0.29 lumens and 97 millicandelas, at a rated current of 0.005 amps. With over 70% lumen maintenance of colored LEDs and an average life span of 50,000-plus hours (5+ years)—many times longer than the equivalent incandescent lamp—the BS850CAF-120VAC LED lamp operates reliably year after year. Savings from reduced maintenance costs and downtime quickly return the capital investment expenditure! Additionally, unlike their incandescent counterparts, LED lamps generate only minimal heat and emit neither UV/IR rays nor RF interference. The latest LEDtronics Bolt-on Panel Indicator comes with a one-year factory warranty, and is available through LEDtronics distributors; quantity discounts are available. Other voltages and color options are available for large quantities and qualified applications.
Long Beach, L.A. Ports invest $25 Million in truck charging
Partnership with regional air quality agencies will create 207 chargers at eight sites The ports of Long Beach and Los Angeles will provide $25 million for an ambitious partnership with regional air quality agencies to jump-start charging infrastructure for electric heavy-duty drayage trucks in one of the nation’s most populous regions. The $135 million in projects led by the Mobile Source Air Pollution Reduction Review Committee will install up to 207 charging units at eight sites around Southern California, in Wilmington, Rancho Dominguez, Rialto, Fontana, Commerce, and the Port of Long Beach. Contracting for the projects is being administered by the South Coast Air Quality Management District. “With more than 23,000 trucks working the harbor, the investment potential provided by the Clean Truck Fund rate is a key to our air quality efforts,” said Port of Long Beach CEO Mario Cordero. “These projects with our partners shows the program is working as designed, and demonstrates zero-emissions goods movement is not a buzz phrase here in San Pedro Bay but a goal we make progress toward every day.” “We’re proud to sign on to this project that will exponentially grow heavy-duty truck charging infrastructure for the nation’s busiest ports complex,” said Long Beach Harbor Commission President Bobby Olvera Jr. “Cleaner air benefits the health of residents of the community as well as the hardworking individuals who move the goods we use every day.” In separate actions this week, the Long Beach Harbor Commission and Los Angeles Harbor Commission each approved allocating $12.5 million from their respective Clean Truck Funds for the plan. The Clean Truck Fund Rate is a key component of the ports’ efforts to transition to a zero-emissions truck fleet by 2035, as established by the Clean Air Action Plan. Rate collection began in April 2022 at $10 per twenty-foot equivalent unit or $20 per forty-foot equivalent unit. Exemptions from the rate are provided for loaded containers hauled by zero-emissions trucks, and under limited circumstances, by low-nitrogen oxide trucks. Through March 2024, the Port of Long Beach has collected almost $75 million; the Port of Los Angeles about $78 million.
Episode 497: Scaling new heights with Plus One Robotics
In the latest episode of The New Warehouse Podcast, Kevin chats with Erik Nieves, CEO of Plus One Robotics. The company, known for integrating advanced robotics into warehouse operations, recently surpassed a significant milestone of one billion picks, marking a major achievement in warehouse automation. Tune in and hear how Plus One Robotics is addressing labor shortages and enhancing warehouse operations with its groundbreaking robotics and AI technology. Bridging the Technology Gap in Warehouses Erik Nieves founded Plus One Robotics to address a crucial gap in warehouse automation. He notes, “The warehouse was going to be the next major vertical to adopt industrial robotics at scale.” Despite the potential, Erik cites a technological gap in vision software and grasping capabilities hindered widespread adoption. Plus One Robotics focuses on solving this problem by developing advanced perception software, enabling robots to handle the variability inherent in warehouse operations. “It’s not a robot arm problem. It’s a perception and grasping problem,” Nieves emphasizes, highlighting the company’s innovative approach. Adapting to Labor Shortages with AI and Robotics The labor shortage in logistics is a pressing issue, and Plus One Robotics leverages AI and robotics to mitigate this challenge. Nieves advises warehouse operators, “If you can get the labor you need to meet your volumes and your cutoff windows, please do. Because there is no more flexible, adaptable resource than people.” However, when labor is scarce, automation becomes essential. Erik introduces new solutions from Plus One Robotics, including the InductOne system and depalletizing solution, which were built to enhance throughput and efficiency. The Human Touch in AI-Driven Automation Despite advancements in AI, Nieves underscores the importance of human intervention in maintaining system reliability. Plus One Robotics employs a “human-in-the-loop” approach, where remote supervision ensures minimal downtime. “The interval from the time it said, ‘I don’t know what I’m doing,’ till it’s running again is always under 10 seconds,” Nieves explains. This approach not only boosts system uptime but also alleviates concerns of complete reliance on AI, making automation more acceptable to warehouse operators. Key Takeaways from Plus One Robotics Plus One Robotics is addressing crucial gaps in warehouse automation with a focus on vision software and grasping technologies. Achieving over one billion picks demonstrates their technology’s effectiveness and scalability. The potential for robotic automation in logistics continues to grow, promising significant advancements in efficiency and capability. The New Warehouse Podcast Episode 497: Scaling New Heights with Plus One Robotics
AAR reports Rail Traffic for the week ending June 22, 2024
The Association of American Railroads (AAR) has reported U.S. rail traffic for the week ending June 22, 2024. This week’s total U.S. weekly rail traffic was 485,557 carloads and intermodal units, up 3.6 percent compared with the same week last year. Total carloads for the week ending June 22 were 220,096 carloads, down 0.8 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 265,461 containers and trailers, up 7.5 percent compared to 2023. Five of the 10 carload commodity groups posted an increase compared with the same week in 2023. They included grain, up 2,851 carloads, to 17,495; chemicals, up 1,890 carloads, to 31,807; and farm products excl. grain, and food, up 1,792 carloads, to 16,878. Commodity groups that posted decreases compared with the same week in 2023 included coal, down 4,442 carloads, to 58,555; miscellaneous carloads, down 1,676 carloads, to 8,688; and metallic ores and metals, down 1,309 carloads, to 21,108. For the first 25 weeks of 2024, U.S. railroads reported a cumulative volume of 5,344,599 carloads, down 4.7 percent from the same point last year; and 6,375,986 intermodal units, up 8.8 percent from last year. Total combined U.S. traffic for the first 25 weeks of 2024 was 11,720,585 carloads and intermodal units, an increase of 2.2 percent compared to last year. North American rail volume for the week ending June 22, 2024, on 10 reporting U.S., Canadian, and Mexican railroads totaled 323,953 carloads, down 1.6 percent compared with the same week last year, and 347,092 intermodal units, up 5.4 percent compared with last year. Total combined weekly rail traffic in North America was 671,045 carloads and intermodal units, up 1.9 percent. North American rail volume for the first 25 weeks of 2024 was 16,485,752 carloads and intermodal units, up 2.0 percent compared with 2023. Canadian railroads reported 87,919 carloads for the week, down 1.5 percent, and 69,471 intermodal units, up 0.2 percent compared with the same week in 2023. For the first 25 weeks of 2024, Canadian railroads reported a cumulative rail traffic volume of 4,027,992 carloads, containers, and trailers, up 0.8 percent. Mexican railroads reported 15,938 carloads for the week, down 12.5 percent compared with the same week last year, and 12,160 intermodal units, down 6.9 percent. Cumulative volume on Mexican railroads for the first 25 weeks of 2024 was 737,175 carloads and intermodal containers and trailers, up 6.9 percent from the same point last year. To view the weekly rail traffic chart, click here.
Ampure appoints D.J. Gregory to newly created President of Industrial PosiCharge position
Gregory to oversee the Material Handling and Ground Service Equipment business units Ampure, an innovative provider of electric vehicle (EV) and industrial charging solutions, formerly known as Webasto Charging Systems, has announced the selection of D.J. Gregory to the newly created role of President of Industrial PosiCharge (IPC). Gregory will oversee and provide expertise to the industry’s leading Material Handling and Ground Service Equipment product teams, a principal sector of focus for the organization. He will report directly to Steven Van Camp, operating partner at Transom Capital Group. In his new role, Gregory brings more than 15 years of relevant experience as an operating executive, where he focused on the intersection of legacy physical technologies and the digital products and services key to modernizing their growth. “When we were introduced to the Ampure opportunity, we realized the strong potential for the industrial charging business, IPC, and the need for leadership and autonomy,” said Van Camp. “We ran a diligent process and found in D.J., an experienced operator and strategic business builder and we look very much forward to a long and strong partnership.” “I feel lucky to have the opportunity to lead the IPC organization, grow the industry-leading Posicharge brand, and expand the Material Handling and Ground Service Equipment product teams,” said Gregory. “This is a very exciting time to be at Ampure, and I’m happy to be part of its future growth.” Gregory earned his Bachelor of Science in Economics from the Wharton School of Business at the University of Pennsylvania and holds a Juris Doctor degree from Pepperdine University’s Caruso School of Law. He lives with his wife and their daughter in the Echo Park area of Los Angeles. Built with state-of-the-art data-driven technology, PosiCharge industrial smart charging systems boost performance and safety while reducing operating costs. PosiCharge products allow for fast-charging systems through one central platform and receive real-time data instantly with actionable intelligence. Additionally, users can monitor vehicle location, type, battery monitor identification devices (BMID), battery ID, and pending assets.
Container prices double, Leasing rates triple in China
Average container prices have risen by 112% in China since the beginning of the Houthi attacks in November 2023, reaching their highest levels since the peak pandemic times Average one-way pick-up charges Ex China rise threefold in June since the Houthi attacks in November The average container prices in China have reached its highest in two years, at $3600 this week for 40 ft high cube cargo-worthy containers in China. These prices were somewhere around $1700 in March – April 2024. This is a 112% increase in a span of two months. Note: The average container prices as recorded from customer interactions are yet to be reflected in the chart above. According to the chart, it shows the average prices at $3250 as on 24 June 2024. While the average container prices (for purchasing containers) are on a significantly upward trend, the average one-way pick-up charges (for leasing containers) continue to develop at a staggering rate so far in June. The chart below illustrates the development of average pick-up charges for 40 ft high cube cargo-worthy containers from the peak COVID-19 period until June-2024, focusing on routes from China to the US and Europe. “While prices and rates are significantly up, trading volumes have decreased as buyers are becoming more cautious. This trend potentially indicates a potential reversal of prices in the near future, as the market adjusts to the current disruptions and the high levels of volatility.” shared Christian Roeloffs, cofounder and CEO of Container xChange. Leasing rates on the China to Europe stretch rise by 3X The average pickup charges ex Shanghai to Rotterdam were somewhere around $500 in November 2023 which are now 3X, somewhere around $1700, to Hamburg is $2030 and to Antwerp is $1888 (as on 23 June 2024). Leasing rates double on China to US stretch in June Overall, the pickup charges doubled since November until June Ex Shanghai to key ports in the US. Shanghai to New York rates were around $568 in November 2023, which are now at $1200 so far in June 2024. Shanghai to Oakland rates were $370 in November 2023 which are now at $1663 as on 23 June 2024. Shanghai to Los Angeles rates were $643 in November 2023, reaching to $1107 as on 23 June 2024. Shanghai to Long Beach pickup charges also spiked from $610 to $1230 in the same duration. We see similar trends Ex Ningbo, Qingdao and Shenzhen (barring Tianjin). “We witness asking rates for leasing containers reaching $2600 this week in China. This is crazy. These pickup charges were not more than $300 only until October last year, and without any significant demand surge from the consumer side, these prices are increasing only because of the disruptions at sea and not driven by demand, which worries us because this means it’s not sustainable, highly volatile.” Shared a Container xChange customer from China, a container supplier based in Shanghai. “The buyers and the lessees are waiting it out, hoping that this wave will wane out. But we do not see any immediate correction, as the market is too active, and freight demand continues to remain strong here in China.” The customer added. Impact of positive US retail trends on China container demand US Retail Inventories and Sales Growth: The Monthly Retail Trade Survey shows a consistent rise in US retail inventories, from $769.3 billion in January to $793.5 billion in April 2024. Significant increases are seen in sectors like motor vehicle and parts dealers and building materials. Continued Retail Sales Growth: In May, retail sales increased by 0.1% month over month and 2.3% year over year, with core retail sales (excluding automobile dealers, gasoline stations, and restaurants) rising by 0.3% month over month and 2.9% year over year. This aligns with NRF’s forecast for a 2.5% to 3.5% increase in retail sales for 2024. The rise in US retail inventories, particularly in sectors like motor vehicles and building materials, indicates strong demand for container shipping services. This is expected to increase the need for container shipments from China, a major manufacturing hub. Encouraging growth in China’s container throughput China’s ports recorded a 9% YoY increase in container throughput in the first four months of 2024, handling 104.03 million TEUs. Foreign trade cargo throughput increased by 9.1% YoY Total cargo throughput reached 5.55 billion tonnes; a 5.2% rise compared to the same period last year. Sanctions and Tariffs to Impact Euro-China Trade The European Commission has proposed tariffs of up to 38% on Chinese electric vehicles, in addition to the existing 10% tariff, citing concerns over state subsidies. While Container shipping sector is not directly impacted by these EV tariffs, we view this development as an early signal of potential broader trade tensions. If the proposed tariffs are implemented, the cost of exporting Chinese EVs to Europe will rise, possibly leading to a tariff war. This escalation could result in increased tariffs on a wider range of goods, impacting global supply chains. Higher tariffs and trade barriers could lead to delays and additional costs in the supply chain, causing inefficiencies in container utilization and higher operational costs for shipping companies. Market Outlook “Despite the current tariff dispute, the long-term outlook for China’s container market remains cautiously optimistic. The positive trends in US retail demand and robust growth in China’s port throughput suggest sustained demand for container shipping services. However, the resolution of the EU-China tariff dispute will be crucial in shaping the short-to-medium-term market dynamics.” Commented Christian Roeloffs, cofounder and CEO of Container xChange. “Container shipping companies should prepare for potential shifts in trade patterns by diversifying their routes and enhancing logistics capabilities in other growing markets, such as Southeast Asia and South America. Investing in technology and infrastructure to improve efficiency and reduce costs will be critical in navigating the potential market volatility and maintaining competitiveness.” Roeloffs added. For similar analysis, visit the Container xChange market intelligence hub About Container xChange Container xChange serves as the global marketplace for container trading and
ORBIS reaches $1 Million in golf outing donations to benefit children
2024 event raises over $370,000 to support practitioners and patients in the Pediatric Simulation and Resuscitation Program ORBIS® Corporation, a global provider of reusable packaging solutions, hosted its fourth annual ORBIS Good Days for Kids golf outing that raised over $370,000 for the Children’s Wisconsin Pediatric Simulation and Resuscitation Program, the region’s only independent health care system dedicated to the health and well-being of children. The event was held at the Grand Geneva golf course in Lake Geneva, Wisconsin, on Tuesday, June 11, 2024, and the total raised helped Children’s Wisconsin reach one million dollars in donations from its Good Days for Kids golf outing. “Children’s Wisconsin has been at the forefront of providing care that gives every child the best chance at a happy, healthy, productive life for more than a century,” said Norm Kukuk, president of ORBIS Corporation. “At ORBIS, we are immensely proud to support this vital mission. The impact Children’s Wisconsin has on families is profound, and we are grateful to be part of their journey. We extend our heartfelt appreciation to our dedicated suppliers for joining forces with us to raise these crucial funds that cumulatively have resulted in one million dollars in donations. I appreciate the work everyone did to make it a record day for us!” The partnership between ORBIS and Children’s Wisconsin started out benefiting pediatric critical care for kids experiencing a life-threatening industry or illness. Funds raised during the Good Days for Kids golf outing go to work immediately, fueling the most pressing needs of the Children’s Wisconsin mission of care, advocacy, research, and education. Since its inception, this event has raised a staggering 1 million dollars for the Pediatric Simulation and Resuscitation Program, which provides highly realistic simulation-based education to support the training of medical professionals from across the nation. Since 1985, this program has helped to train over 100 pediatric intensive care doctors who are now serving in hospitals across 25 states. “We are immensely grateful to ORBIS for their continued support of Children’s Wisconsin,” said Dr. David Margolis, Children’s Wisconsin Pediatrician-in-Chief. “Their generosity allows us to provide cutting-edge training and technology to our dedicated doctors, nurses, and healthcare professionals. The support of ORBIS, and everyone participating in the Good Days for Kids golf outing, provides life-saving care and fuels our work to build a brighter future for kids and families.” To learn more about ORBIS’ efforts in the community, please visit: https://www.orbiscorporation.com/en-us/about-orbis/#giving-back
Linde MH expands Warehouse Product-line with the new MT15B and MT22
Linde Material Handling, a member of KION North America, has expanded its warehouse product portfolio bringing two innovative pallet trucks to North America: the Linde MT15B and MT22. Both trucks embrace the values of versatility, efficiency, and performance which are the basis for Linde product design. The MT15B is a 3,300 lb. capacity pallet truck powered by a 20Ah Li-ION battery. The onboard charger allows for easy opportunity charging – plugging in the truck on breaks and downtime throughout the shift – which greatly extends the life of the charge. As an option, you can replace the onboard charger with a second Li-ION battery. Both batteries are fully removable to be charged externally, increasing the operating time even further with battery hot swapping. The MT22 is a 4,500 lb. capacity pallet truck developed around a powerful 24v/100Ah Li-ION battery. Equipped standard with an onboard charger, short chassis length for a small turning radius, and durable caster wheels, the MT22 powerhouse is built to operate in variable working conditions. This pallet truck also includes the signature Linde tiller head with ergonomic control placements to reduce operator movements. These additions signify the commitment to innovation and continuous improvement held by KION North America. “With their cutting-edge lithium-ion technology and exceptional value, these pedestrian walkie-pallet jacks will empower businesses to optimize efficiency and productivity in their operations,” shares Jena-Christine Lawrence, Director of Product Management, Strategy & Training at KION NA. “We are being very deliberate to keep evolving customer needs at the top of our minds. You can see this with the standard features available on the new MT15B and MT22.”
Brass Knuckle® Spectrum Glasses fight lens fog indoors or out
Varied lens colors have matching temple color for a stylish pop Fogging lenses can strike in both indoor and outdoor working conditions. Brass Knuckle® Spectrum (BKFLEX-4040N) eye protection has options to fight fog no matter where work has to get done. This powerful ANSI Z87.1+ protection weighs less than one ounce, and the rimless lenses are manufactured with exclusive BK-Anti-FOG protection. Spectrum pops with color, too, as each lens color in the family sports a unique, corresponding temple color. Temperature changes, humidity, sweat, rain, and moisture all contribute to lens fog. Spectrum Clear Lens allows maximum light transmission, indoors or out, without changing or distorting vision or colors (91% of light passes through). Spectrum Smoke Lens provides an all-over tint for normal outdoor conditions (18% of light passes through). Amber, blue, and mirrored lenses* are also available. BK-Anti-FOG lens protection lasts 15 times longer than EN 166/168 standards. Fog is thousands of tiny water bubbles formed when air moisture condenses on lenses. BK-Anti-FOG is an extreme anti-fog performance that improves both worker safety and productivity. The special coating is permanently bonded directly onto the lens surface and will not wear off or wash off. Glasses retain fog-fighting properties for a longer duration with no reapplying and no maintenance needed. Spectrum eye protection is loaded with other features, too. Bowed, super-flex temples touch the wearer only behind the ears, eliminating all pressure points while delivering the optimal fit. The ratcheting flexible temples and second-generation PivotEase™ nose piece offer a true face-hugging design that inspires compliance. Spectrum lenses are also anti-scratch, anti-static, and UV-protected.
Staffing employment edges up in June
Week-to-week: Staffing employment up one point, new starts up 10 points Staffing employment improved during the week of June 10-16, with the ASA Staffing Index increasing by 0.9% to reach a rounded value of 90 for the first time in nine weeks. Staffing jobs were down 10.0% compared with the same week last year. Staffing companies did not cite any leading factor as hindering further growth in the week in question, though macroeconomic conditions remain challenging for the industry. New starts saw an even greater improvement in the 24th week of the year, increasing by 10.0% from the prior week. However, just over a third of staffing companies (35%) reported gains in new assignments week to week–below the average of 43% per week so far this year. The ASA Staffing Index four-week moving average increased from the prior week to hold at a rounded value of 89, and temporary and contract staffing employment for the four weeks ending June 16 was 10.3% lower than the same period in 2023. “This week’s index revealed a measured improvement in staffing employment beyond just recovering from the Memorial Day dip. Stabilization remains the operative word for staffing employment in 2024 as June’s numbers provide the clearest indication of a bottom for the industry. These levels are likely to see incremental long-term improvement depending on the pace of cooling and recovery within the labor market at-large,” said Noah Yosif, chief economist at ASA. This week will be used in the June monthly employment situation report scheduled to be issued by the U.S. Bureau of Labor Statistics on July 5. The ASA Staffing Index is reported nine days after each workweek, making it a near real-time measure of staffing employment trends. ASA Staffing Starts are the number of temporary and contract employees placed in new assignments during the reporting week. ASA research shows that staffing employment has historically been a coincident economic indicator.
CLARK brings global headquarters to America
CLARK Material Handling has announced the establishment of its global headquarters in the United States. This move returns a premier American brand, the creator of the modern forklift, back to the U.S. and lays the foundation for a global growth strategy that begins with a homecoming. CLARK’s global headquarters will merge with CLARK Material Handling Company (CMHC), North American operations, leveraging the strengths of both companies and positioning CLARK for further global growth in the coming decades. The integrated organization will be effective July 1, 2024, and will be located in Dallas, Texas, upon the official opening of the new headquarters planned for January 1, 2025. Mr. Chuck Moratz, CLARK’s current global president, will lead the integrated organization and serve as CEO at CMHC. Mr. Moratz has over 30 years of extensive forklift experience and an unwavering commitment to the CLARK company. He has held various pivotal positions at CMHC, including Engineering Director, Vice President of Truck Operations, and COO. His global roles have included Vice President of Global Engineering and President of Global HQ. In addition, he has overseen the introduction of numerous IC and electric new products, including the bullet-proof S-Series product line. Mr. Moratz holds a Bachelor of Science in Engineering from West Point and has served in the Demilitarized Zone (DMZ) in Korea. “CLARK remains steadfast in its promise to deliver the highest-quality products and services worldwide. By relocating and combining our operations, we will accelerate new product development and the integration of new technologies to meet the changing needs of our customers while providing the best service and lowest cost of ownership in the industry”, says Chuck Moratz. “We appreciate the continued support of our employees, dealers, customers, and the market as we embark on this exciting new chapter. Together, we will build on our legacy of over 100 years of excellence and drive Clark to new heights.”
H&E opens new branch in Columbus Ohio
Effective June 24, 2024, H&E Rentals (H&E) announces the opening of its Columbus branch, the company’s first general rental location in the state of Ohio. H&E now operates in 31 states, and it has opened 21 new branches across the country and acquired nine others in just over a year. The facility is located at 2845 Fisher Road, Columbus, OH 43204-3539, phone 614 407-9900. It includes a fully fenced yard area, offices, and a repair shop and carries a variety of construction and general industrial equipment. “H&E’s expansion into central Ohio increases our presence in the Midwest, and our location in Columbus provides reach to a wide radius of projects across the state. We have assembled a diverse fleet and have the resources to serve customers extending to Dayton, Lima, Mansfield, Wooster, Cambridge, Parkersburg, Chillicothe, and all points in between. Our new facility is just off I-70, and our proximity to I-670, I-71, I-270, and other major roadways means that we can move rental equipment to job sites quickly and efficiently,” says Branch Manager Perry Rice. “We may be new to the Buckeye State, but we’re certainly not new to the equipment rental business. We look forward to establishing new relationships and showing customers our higher standard of service.” The Columbus branch specializes in the rental of aerial lifts, earthmoving equipment, telescopic forklifts, compaction equipment, generators, light towers, compressors, and more and represents the following manufacturers: Allmand, Atlas Copco, Bomag, Case, Club Car, Cushman, Doosan, Gehl, Generac Mobile, Genie, Hamm, Hilti, Husqvarna, JCB, JLG, John Deere, Kobelco, Kubota, LayMor, Ledwell, Lincoln Electric, Link-Belt Excavators, MEC, Miller, Multiquip, Polaris, Sany, Skyjack, SkyTrak, Sullair, Sullivan-Palatek, Tag, Towmaster, Unicarriers, Wacker Neuson, Yanmar, and others.
Women In Trucking Association announces continued Gold Sponsorship with J.B. Hunt Transport Services, Inc.
The Women In Trucking Association (WIT) announced that J.B. Hunt Transport Services, Inc. has renewed its Gold Level sponsorship furthering the mission of the nonprofit association to bring gender diversity to the transportation and logistics industry. Since 2015, the company has supported WIT at the Gold Level. In addition to providing financial support, the company actively participates in the association. Jennifer Plumlee, vice president of transportation, serves on the WIT board of directors and is the WIT board liaison on the Women In Trucking Foundation board of directors. Jodi Edwards, a two million-mile driver for J.B. Hunt and 2024 WIT Driver of the Year, shares her expertise as a member of the WIT Image Team. “Women are essential to the transportation industry and provide diverse perspectives and insights that will shape its future,” said Plumlee. “We are proud to continue our support for Women in Trucking as they champion female voices and pave the way for future female leaders in the industry.” “As an influential industry leader, J.B. Hunt’s commitment to gender diversity is clear and their support of WIT is invaluable to the success of our mission,” said Jennifer Hedrick, WIT president and CEO. “We look forward to our continued partnership to further engage and support women in all roles within the transportation and logistics industry.”
Raymond drives success with transformative Youth Apprenticeship Program
Raymond and BOCES’ 30-year collaboration supports the workforce of the future For more than 30 years, the Youth Apprenticeship Program has been an integral part of The Raymond Corporation showing its dedication to science, technology, engineering, and mathematics (STEM) education. Working with high schools throughout the Southern Tier of New York, this program provides a hands-on, experiential approach to learning for junior and senior high school students. In coordination with the Broome-Tioga Board of Cooperative Educational Services (BOCES), apprentices spend two years at Raymond headquarters in Greene, New York. During this time, students deepen their knowledge in their chosen fields and explore various disciplines that may include engineering, finance, manufacturing, and other disciplines and departments. “For more than 30 years, Raymond’s collaboration with BOCES has helped us build a most successful Youth Apprenticeship Program, which has been integral to Raymond’s commitment to STEM education and building the workforce of the future,” said Maribeth Absi, senior director of human resources, The Raymond Corporation. “The Youth Apprenticeship Program has proved to be especially valuable in addressing industry challenges in finding and educating talent to address the widening skills gap. We have a number of our apprentices apply to our cooperative education program as a next step in their education process, some of whom may even become Raymond employees.” This 2023-24 school year, Raymond celebrates five graduates from its Youth Apprenticeship Program from Greene Central School District and Seton Catholic Central High School in New York State: Greene Central School District, Greene, New York: Caroline Jeffery Mallory Jeffery Austin deHaan Dominick Kresin Seton Catholic Central, Binghamton, New York: Andrew Erickson Matt Sheehan, director for the New York Center for Career and Technical Excellence, stated: “Raymond has been an integral part of the Youth Apprenticeship Program throughout the years. It has given countless students from our area schools amazing hands-on experiences.” In addition to returning students, Raymond will welcome new apprentices to the program in September 2024. For more information on Raymond’s Youth Apprenticeship and Cooperative Education Programs, visit https://careers.raymondcorp.com/students. For more information on Raymond, visit www.raymondcorp.com or call 800 235-7200.
Episode 496: Talking innovation with Brett Wood of Toyota Material Handling
Live from MODEX 2024, The New Warehouse Podcast welcomes back Brett Wood, president and CEO of Toyota Material Handling North America. This insightful discussion dives into the transformative trends within the material handling industry, showcasing Toyota’s leading role. The conversation highlights key innovations, technological advancements, and industry shifts, mainly focusing on automation and electrification. Accelerating Automation in Material Handling Automation stands out as a pivotal trend, as Wood notes, “Automation comes to mind as one of the key topics… technology is getting so much better at automating vehicles, forklifts, AMRs no matter what the size is.” This surge in automation is primarily driven by a workforce shortage, prompting a shift towards automated solutions. Wood explains the increasing integration of technology in everyday operations, illustrating its potential to reshape the industry landscape by enhancing efficiency and reducing reliance on human operators. The Material Handling Shift to Electrification While the automotive sector lags, electrification is rapidly transforming the material handling sector, as noted by Wood, with a significant uptick in electric forklifts. “66% of what was sold last year was electric,” he states, highlighting a distinct move away from traditional combustion engines. This transition is not only a response to environmental concerns but also influenced by regulatory changes, such as those in California, pushing the industry towards cleaner, sustainable technologies. Wood’s commentary underscores the broader implications of electrification, from operational changes to new regulatory landscapes. Emphasizing Sustainability and Safety in Material Handling Sustainability and safety are integral to Toyota’s strategy, reflecting broader concerns across the industry. Wood shares insights on the company’s initiatives, like installing solar panels and emphasizing safety in every aspect of operations. “Safety needs to be part of a corporate culture… We start every meeting at Toyota no matter the topic, safety first,” Wood emphasizes. Wood also shares Toyota’s new collision avoidance system, SEnS+ Smart Environment Sensor Plus™. Toyota’s comprehensive approach improves compliance and enhances operational efficiency. It also serves as a recruitment and retention tool, appealing to a new generation prioritizing corporate responsibility. Key Takeaways: The push towards automation and advanced technologies is reshaping material handling. The electrification of forklifts is gaining momentum and is driven by market trends and regulatory measures. Toyota’s commitment to sustainability and safety sets industry standards that influence current operations and future directions. The New Warehouse Podcast 496: Innovations in Material Handling with Toyota
Crown USA fined over $98k that contributed to a 37-year-old technicians death
A U.S. Department of Labor workplace safety investigation has found a Woodbury plastic and resin manufacturer could have prevented a 37-year-old employee from suffering fatal injuries by following required safety rules designed to keep machines from starting up during maintenance. Investigators with the department’s Occupational Safety and Health Administration learned the maintenance technician at Crown USA Inc. was crushed inside an unlocked hooding palletizer while servicing the machine. “Employers must understand federal workplace safety regulations exist to help prevent tragedies like the one that occurred at Crown USA Inc.,” said OSHA Area Director Jeffery Stawowy in Atlanta-West. “OSHA is available to answer employers’ questions and to help them understand their obligations. We can also provide employers resources for identifying hazards in their workplaces and developing safety programs.” OSHA determined the company violated federal regulations by: Failing to use adequate machine guarding to protect employees from struck-by and crushed-by hazards. Failing to train employees on energy control procedures and maintain training records. Failing to conduct inspections of energy control procedures. Exposing workers to serious respiratory hazards by not protecting them from accumulations of airborne particles of powdered pigment and other types of dust throughout the facility. Not providing personal protective equipment that prevents eye and skin irritation. Failing to label containers properly according to hazardous communication standards. Crown USA received eight serious and six other-than-serious violations. The company faces $98,699 in proposed OSHA penalties. The agency provides information on lockout/tagout and other machine safety procedures to educate employers on how to protect workers from potential equipment hazards. Founded in 1994, Crown USA Inc. supplies and manufactures roadway paint and pavement marking materials at its headquarters in Columbus. The company has 15 business days from receipt of its citations and penalties to comply, request an informal conference with OSHA’s area director, or contest the findings before the independent Occupational Safety and Health Review Commission
Bobcat launches new Machine IQ Telematics enhancements
Remote engine disable/enable advances the Machine IQ system through two-way functionality A provider in innovation and digital solutions, Bobcat Company introduces its newest technological advancements to the Bobcat Machine IQ telematics platform. The new Remote Engine Disable/Enable feature allows customer users in North America and Europe to remotely enable or disable their machine’s engine through the Owner Portal or Machine IQ app. Machine IQ, launched in 2019 in North America, allows connected machine owners to monitor the health of their Bobcat machine and remotely track information that enhances maintenance, security, and performance. Remote Engine Disable/Enable represents the first two-way update to the telematics system, allowing operators to both send commands to and receive data from the machine. With Remote Engine Disable/Enable, operators can shut down their machine with a few clicks, deterring theft and aiding in quick machine recovery. “Advanced theft deterrence is critical peace of mind for our Machine IQ users. Remote Engine Disable/Enable allows our North American and European customers to protect their equipment and allow only authorized usage. This feature also demonstrates our ability to interact with machines via two-way communication using telematics. Today marks another major milestone for what Bobcat continues to do to empower our customers to accomplish more” said Garrett Maurer, director of digital product management at Bobcat. If unauthorized use is suspected, operator owners can log into their Bobcat Owner Portal or Machine IQ app to pinpoint the location of their equipment and choose to disable the engine. Upon executing the disable command, any attempt to start an engine in an off state will fail. If the machine is in operation, the engine will slow to a near standstill, relegated to de-rate mode. Remote Engine Disable/Enable is available for Machine IQ Health and Security subscribers with connected and compatible Bobcat machine(s). To learn more about Machine IQ, as well as Bobcat’s other digital solutions, visit bobcat.com.
How to choose the best battery system for your forklift
Material-handling electric vehicles use two types of batteries: lithium-ion (Li-ion) and lead-acid batteries. The main deciding factors when choosing the right battery for your forklift are maintenance, price, efficiency, sustainability, application, and TCO (total cost of ownership). With so many options available, choosing the best lithium-ion system for a forklift can be a challenge. Here’s a comprehensive guide to help you understand the considerations and choose the perfect forklift power solution. Assess your power needs Consider your power needs before diving into battery systems. With the right battery for your equipment, you can maximize your organization’s efficiency and save money. Estimate their power consumption (in watts) and average daily usage hours. Our expert sales engineers can assist you in determining your usage. As a result of this assessment, you will have a clear understanding of your energy needs and will be able to choose a battery system that meets your requirements. Discover the types of batteries Lead-acid and lithium batteries are the two main types of forklift batteries. Here are some pros and cons of each type: Batteries made of lead acid have the shortest lifespan, the lowest depth of discharge, the heaviest weight, and the most frequent replacements. In traditional lead-acid batteries, there are two types: flooded lead-acid batteries (FLA) and sealed lead-acid batteries (SLA). Compared to FLA batteries, SLA batteries require less maintenance, such as checking the water level on a regular basis. Compared to traditional lead-acid batteries, absorbent glass mat (AGM) batteries offer lower maintenance costs and slightly better performance in cold temperatures. Lithium batteries: Lithium-ion batteries offer high energy density, lightweight design, and long life in forklift power systems. Lithium batteries have a lifespan ten times longer than lead-acid batteries. Despite their higher cost, lithium batteries charge faster, discharge deeper, and have a longer cycle life than lead-acid batteries. Over time, lithium batteries can save significant amounts of money because they don’t need to be replaced as frequently as lead-acid batteries. In addition to having greater power and energy capacity, lithium batteries also take up less space than lead-acid batteries. Additionally, they do not emit toxic fumes, making them safer in a wider range of environments. Moreover, not all lithium batteries are the same. Compared with lithium cobalt-based battery chemistries like NMC, LCO, and NCA, lithium iron phosphate batteries like the BSLBATT are the most environmentally friendly and non-toxic. Factors to consider It would help if you considered the following factors when choosing a battery system for your forklift fleet: Capacity： The capacity of a battery is measured in ampere-hours (Ah), watt-hours (Wh), or kilowatt-hours (kWh). A battery’s energy represents the power it can deliver over time. Ensure your battery system has enough capacity to meet your daily energy needs, as well as some buffer in case of unexpected circumstances. Lead-acid batteries often have a “rated” capacity that is much higher than their actual or usable capacity. The reason for this is that lead-acid batteries cannot be discharged more than 50% at a time, unlike lithium batteries, which can be discharged to around 100%. Cycle life： Battery cycle life is the number of charge and discharge cycles a battery can withstand before its capacity is greatly reduced; it is important to understand this, especially for long-term forklift users. Lithium batteries have a longer cycle life than lead-acid batteries, making them an affordable choice over time. BSLBATT lithium batteries cycle 3,500 times or more, and higher discharge rates have little effect on cycle life. Lead-acid batteries, however, are generally only capable of 300-500 cycles, as higher discharge levels will significantly reduce their life span. Size： Depending on the type of lift equipment and its intended use, weight, size, and voltage can vary greatly. For different types and sizes of electric vehicles, voltage options such as 24V, 36V, 48V, 80V, 96V, and 144V are available. Understanding your vehicle needs is therefore essential to selecting the right vehicle. Recharge：Your business’ efficiency depends significantly on how quickly your vehicle can charge, and how long it takes to charge. Lithium-ion batteries, for instance, charge faster and easier than lead-acid batteries. The charging process for lead-acid batteries requires a dedicated space with ventilation and temperature control, whereas lithium-ion batteries can be charged on the spot. Maintenance：How you maintain your vehicle plays a major role in choosing the right forklift battery. You should consider factors such as battery life and watering systems when making your decision. Lead-acid batteries require a watering system to function at maximum capacity, while lithium-ion batteries are sealed and do not require one. In addition to providing: Safety： Better value for money, lithium-ion batteries last longer and have more cycles than lead-acid batteries. Temperature performance: Keeping your team safe and minimizing workplace risks should always be a priority for every organization. Lead-acid batteries contain toxic sulfuric acid, which can cause spills when adding water, overheating, gas release, and health risks associated with old or corroded batteries. On the other hand, lithium-ion batteries are sealed, eliminating acid spills, corrosion, sulfation, and contamination risks. Cost: You should choose a battery system that will perform effectively in a wide range of temperatures you may encounter during your travels. As an example, BSLBATT’s Cold Storage Series lithium batteries can charge at temperatures as low as -35°C. Choosing the right battery for your fleet is always influenced by price. Lead-acid batteries are often thought to be cheaper than lithium-ion batteries, but this is not true. Long-term, lithium-ion batteries are much cheaper than lead-acid batteries. In addition to not requiring water maintenance, lithium-ion batteries have a longer life, require less energy, and require less time to maintain, making them a more cost-effective investment than lead-acid batteries. Lithium-ion forklifts with full integration Currently, BSL’s lithium batteries are compatible with a variety of Toyota, Hyster & Yale, CLARK, Combilift, Heli, and Raniero forklifts designed specifically for fully integrated lithium-ion power. High-capacity electric forklifts reduce emissions, fuel consumption, and maintenance costs while providing ICE-like performance. You should carefully consider your power needs, battery type, capacity, cycle life, charging source, size, safety, maintenance, temperature performance, and cost when choosing a battery system for your forklift. When you evaluate these factors and conduct thorough