Electrification Boosts Forklift Battery Market in the United States, Powering Supply Chain Innovation

Electrification Boosts Forklift Battery Market in the United States, Powering Supply Chain Innovation

The forklift battery market in the United States is experiencing significant growth as the warehousing and logistics sectors increasingly adopt electric-powered equipment. Valued at $5.9 billion in 2022 and expected to nearly double by 2032, this trend is helping supply chains become more efficient, sustainable, and cost-effective over time. Electric forklifts powered by advanced batteries…

Singapore and Saudi Arabia Strengthen Logistics Ties

Singapore and Saudi Arabia Strengthen Logistics Ties with Strategic Automation Partnership

In a strategic move set to boost intraregional supply chain transformation, a Singapore-based automation technology provider and a leading logistics solutions firm in Saudi Arabia have signed a memorandum of understanding (MoU) aimed at modernizing and scaling logistics operations across the Kingdom. The agreement establishes a collaborative framework to accelerate the deployment of intelligent warehouse…