Industrial Trucks and the US Economy

Industrial trucks and forklifts sales are directly tied to our economy. When our economy does well, more forklifts are required to move the goods ordered by customers and end-users. Conversely, when a downturn occurs, forklift sales drop, sometimes dramatically as they did with the recession of 2009. What few people understood until now, the economic impact these forklifts make on our economy. Recently the Industrial Truck Association in conjunction with Oxford Economics researched the topic, and below are some of the significant findings.

  • Industrial truck manufactures generate 209,600 jobs in the US, directly and indirectly.
  • The economic impact of forklift on the US economy is $25.7 billion dollars. Here in California forklifts generate over $1.9 billion dollars to our state economy.
  • Over $15 billion of that contribution is a result jobs that support forklift sales and service such as service technicians, the parts that are made and sold and installed on forklifts, training centers etc…
  • The Bureau of Labor and Statistic (BLS) estimates that there are about 540,000 industrial truck operators in the US.
  • There are over 200,000 forklifts sold annually in the US.
  • Over 1 million forklifts are sold around the world each year.
  • The industrial truck industry generate about $5.3 billion dollars in state and local taxes.

As you can see, when we sell a forklift we create a lot of work not only here at Cal-Lift, but for our customers, their customers and the impact is felt all throughout our state and national economy.

Report – Industrial Trucks Impact on US Economy

Four Essentials of a Safe Forklift Fleet

There are plenty of simple, small things you can do to improve forklift safety in your facility. These include keeping the floor clean, installing mirrors at the ends of your aisles and prominently displaying safety posters. We have identified five best practices within companies that take forklift safety to the next level.  They are:

  1. Operator and Pedestrian Training – When we say training, we mean true training. A one-day class and a 10-minute hands-on review will not suffice if your goal is to make your forklift fleet a truly safe one. In addition to initial training and refresher training, you must be sure you re-train staff any time you introduce a different piece of equipment, if an operator is re-assigned or if your operation or facility undergoes any significant changes.  In addition to operator training, you should ensure the safety of all your employees and guests by providing training to every employee about how lift equipment operates, the inherent dangers of being around them and how to conduct themselves in a facility with this equipment.
  2. Utilize available safety equipment – Ensuring that all your lift equipment and facility is equipped with up-to-date and working safety functions will go a long way in creating awareness of the presence of lift equipment. Back-up alarms, horns, lights (front and rear combo) and strobes are the hallmarks of forklifts that are easily seen and heard. In addition, be sure to ask your forklift provider about available optional safety equipment.
  3. Planned maintenance – A robust planned maintenance program will catch small maintenance issues before they blossom into giant repair headaches. This will also dramatically reduce potential accidents, making your facility a safer place to work. Your planned maintenance program should be developed based on how your forklifts are utilized, your manufacturers recommendations and should be carried out by a professional, trained staff of forklift technicians.
  4. Regular Inspections – We recommend two types of inspections. The first, as required by OSHA, are daily inspections and are a must for any company. Your operators must be trained to perform accurate and thorough inspections of both Internal Combustion (IC) forklifts, electric forklifts, and any other type of lifting equipment you operate. Damage from previous operations can occur without the operator knowing it, and failure of major components can lead to serious injury, product loss and facility damage. In addition, putting your forklift fleet on a regular service cycle or Planned Maintenance Program, performed by lift truck professionals. This is the key to achieving maximum safety, up-time and productivity.

The benefits of a safe forklift fleet go far beyond reducing injuries. They include:

  • Lower Costs – Having safe forklift operators and providing a safe operating environment, like having safe automobile drivers and better roads, will reduce your operating costs. The frequently inspected equipment will operate within normal guidelines and minor service issues won’t blossom into giant repair headaches.
  • Improved Productivity – Safe operators in a safe environment will be more productive, since down time is reduced as a result of sound equipment and reduced operator and pedestrian accidents.
  • Reduced Insurance and Workers Compensation – A safe work environment with well-trained operators will likely result in lower insurance rates and workers’ compensation in injury-related claims.

Forklift safety is no accident. Taking these measures puts you on the path to creating a safe and productive work environment for your employees.  An investment in safety and productivity adds to your company’s long-term bottom line and benefits those who operate on and around forklifts.

Have a question about forklift safety, training, service or planned maintenance? Please contact your local Cal-Lift branch, or give us a call at 800-322-5438.