Skip to content
Search AI Powered

Latest Stories

newsworthy

MCFA, Jungheinrich ink North American manufacturing and distribution agreement

MCFA will act as exclusive distributor of Jungheinrich's branded equipment across the continent, while Jungheinrich will design products that will be manufactured by MCFA.

Jungheinrich AG and Mitsubishi Caterpillar Forklift America Inc. (MCFA) announced a joint North American agreement under which MCFA will be the exclusive distributor of Jungheinrich's branded equipment across the continent starting in January. As part of the deal, Jungheinrich will design products that will be manufactured by MCFA.

In addition, Jungheinrich will offer some of its Class 1 product line for sale under the Cat lift-truck brand and Class 3 products under the Mitsubishi lift-truck brand, the companies said in a joint statement.


The Cat lift-truck line, the companies said, will now focus on sit-down Class 1, 4, and 5 counterbalanced models. The Jungheinrich line will be offered for narrow-aisle Class 2 and 3 products as well as some select Class 1 models typically used in warehousing and distribution applications, according to the companies. The range of Mitsubishi forklift trucks offered through North American dealers will not change.

"Sales of Jungheinrich products through the MCFA distribution network open up wonderful opportunities to the Jungheinrich brand in North America and strengthens our competitive position, with MCFA benefiting from our warehousing expertise in exchange," said Hans-Georg Frey, chairman of Jungheinrich's board of management, in a statement.

"Bringing Cat lift trucks and Jungheinrich products together through one distribution network gives our customers the best of both worlds," said Jeff Rufener, MCFA's vice president of marketing, in the statement. "Cat Lift Trucks and Jungheinrich are global leaders in their product categories. Our customers can now pick one or both of the brands to serve their needs, delivered and supported by MCFA dealers; the industry's best distribution network."

As part of the agreement, Jungheinrich will establish a design center on MCFA's campus in Houston. The Houston Design Center will focus on development of a new range of warehouse products designed for and manufactured in North America, and will be staffed by Jungheinrich personnel, the companies said.

The current Jungheinrich sales and service operations will cease effective Dec. 31, 2009. The Jungheinrich facility in Richmond, Va., will close in 2010.

The Latest

More Stories

Trucking industry experiences record-high congestion costs

Trucking industry experiences record-high congestion costs

Congestion on U.S. highways is costing the trucking industry big, according to research from the American Transportation Research Institute (ATRI), released today.

The group found that traffic congestion on U.S. highways added $108.8 billion in costs to the trucking industry in 2022, a record high. The information comes from ATRI’s Cost of Congestion study, which is part of the organization’s ongoing highway performance measurement research.

Keep ReadingShow less

Featured

From pingpong diplomacy to supply chain diplomacy?

There’s a photo from 1971 that John Kent, professor of supply chain management at the University of Arkansas, likes to show. It’s of a shaggy-haired 18-year-old named Glenn Cowan grinning at three-time world table tennis champion Zhuang Zedong, while holding a silk tapestry Zhuang had just given him. Cowan was a member of the U.S. table tennis team who participated in the 1971 World Table Tennis Championships in Nagoya, Japan. Story has it that one morning, he overslept and missed his bus to the tournament and had to hitch a ride with the Chinese national team and met and connected with Zhuang.

Cowan and Zhuang’s interaction led to an invitation for the U.S. team to visit China. At the time, the two countries were just beginning to emerge from a 20-year period of decidedly frosty relations, strict travel bans, and trade restrictions. The highly publicized trip signaled a willingness on both sides to renew relations and launched the term “pingpong diplomacy.”

Keep ReadingShow less
map of truck routes in US

California moves a step closer to requiring EV sales only by 2035

Federal regulators today gave California a green light to tackle the remaining steps to finalize its plan to gradually shift new car sales in the state by 2035 to only zero-emissions models — meaning battery-electric, hydrogen fuel cell, and plug-in hybrid cars — known as the Advanced Clean Cars II Rule.

In a separate move, the U.S. Environmental Protection Agency (EPA) also gave its approval for the state to advance its Heavy-Duty Omnibus Rule, which is crafted to significantly reduce smog-forming nitrogen oxide (NOx) emissions from new heavy-duty, diesel-powered trucks.

Keep ReadingShow less
chart of global trade forecast

Tariff threat pours cold water on global trade forecast

Global trade will see a moderate rebound in 2025, likely growing by 3.6% in volume terms, helped by companies restocking and households renewing purchases of durable goods while reducing spending on services, according to a forecast from trade credit insurer Allianz Trade.

The end of the year for 2024 will also likely be supported by companies rushing to ship goods in anticipation of the higher tariffs likely to be imposed by the coming Trump administration, and other potential disruptions in the coming quarters, the report said.

Keep ReadingShow less
drawing of globe with connecting arcs

CSCMP launches seven new international roundtables

Declaring that it is furthering its mission to advance supply chain excellence across the globe, the Council of Supply Chain Management Professionals (CSCMP) today announced the launch of seven new International Roundtables.

The new groups have been established in Mexico City, Monterrey, Guadalajara, Toronto, Panama City, Lisbon, and Sao Paulo. They join CSCMP’s 40 existing roundtables across the U.S. and worldwide, with each one offering a way for members to grow their knowledge and practice professional networking within their state or region. Overall, CSCMP roundtables produce over 200 events per year—such as educational events, networking events, or facility tours—attracting over 6,000 attendees from 3,000 companies worldwide, the group says.

Keep ReadingShow less