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Material Handling Headlines

Material Handling Industry of America (MHIA) leaders discussed material handling and logistics market trends at the recent 2009 Annual Meetings in Amelia Island, Florida. Overall, the first half 2009 has seen a decline of 44.9 percent for orders of new equipment vs. 2008. MHIA forecasts this decline to slow slightly in the last half of 2009 and hold the total year decline to 35.0 percent to 38.0 percent. A decline of another 5.0 to 10.0 percent in 2010 is expected with growth to begin early in 2011.

“We are in the middle of a serious contraction this year, but the worst appears to be over,” said Hal Vandiver, MHIA executive vice president of business development. “MHIA is forecasting that 2010 will be 6.0 percent to 8.0 percent below 2009 for the industry, and it will be 2011 before we see the industry come back into growth.”

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