The Obama administration’s efforts to open up trade between the US and Asia may be closer than ever to being achieved, according to the director of a global trade think tank. When President Barack Obama met in April with Japanese Prime Minister Shinzo Abe, high on the agenda of topics to be discussed was the … Read more
Retailers buy products from suppliers, but they don’t always know or care where their supplier is sourcing those products. That kind of willful ignorance can increase the liability of the end user sellers, according to a materials handling industry analyst. Two recent examples of companies not knowing the sources of the products they sell having … Read more
EXPO PACK Mexico 2014, which currently is being held at the Centro Banamex, Mexico City, is expected to attract more then 30,000 visitors and features more than 1,000 exhibitors, according to a trade show new release. The trade expo will feature packaging and procession equipment used in a variety of manufacturing industries, including food and … Read more
If you happened to be driving through the German countryside earlier this month and noticed a cargo container lift truck hoisting cargo containers high into the air, it wasn’t your imagination. Hyster — the Greenville, North Carolina, manufacturer of forklifts and other heavy duty materials handling equipment — recently sponsored an exhibition of its products … Read more
The number of cargo containers arriving at US ports is expected to be higher than than normal for this time of year due to retailers stocking up on inventory in anticipation of a breakdown in talks between West Coast port workers and port operators, according to a new report. The Port Tracker report, which is … Read more
Hannibal Industries — the Los Angeles-based manufacturer of carbon steel tubing and pallet racking systems — recently announced that more than 75% of it employees are now 100% vested in the company. The company launched its Employee Stock Ownership Plan (ESOP) back in 2009. Since then, its sales have increased 20.4% and the company has … Read more
Statistics released last week by FTR, a freight transportation consulting group, indicate that trucking will continue to see an upswing as the transport mode of choice over cargo container, air and rail freight. While the Trucking Conditions Index (TCI) was down two points to 5.91 in April — the most recent month for which data … Read more
Here’s a special sneak preview of what you will find this week on the Bahrns blog: Retailers and manufacturers are stocking up on products and supplies in case West Coast dock workers go on strike later this month. We’ll tell you what a shut down of container cargo ports could mean for you … The … Read more
Myers Industries Inc. — the Akron, Ohio, based manufacturer of plastic rotation-molded fuel tanks — recently acquired Scepter Corp., which makes blow molded fuel tanks for marine, consumer, military and industrial markets, for $165 million. The acquisition allows Myer to expand its material handling segment to include the types of crates, recycling containers, ammunition boxes … Read more
A company that makes storage racks has teamed with a tube manufacturer to create a new type of rack that is designed to withstand earthquakes and heavy impacts from forklifts without spilling the products that are stored on it. Hannibal Industries and Twinlode Corp. unveiled the new Gen 2 racking product during the Modex materials … Read more
