Understand Your Opportunities in the Material Handling and Ports Market
MARKET OVERVIEW
Traditionally a year-round market for gallon demand, material handling continues to face head winds of increased competition from electrification. Playing an essential role in supply chains across all industries in the US., propane material handling equipment ranges from cranes and forklifts to warehousing and distribution solutions. Propane in the material handling industry plays a dynamic part in supporting the needs of a growing and changing economy. Sustainability and Environmental, Social and Governance (ESG) has become important to the entire material handling market, from equipment supplier to fleets and even down to buyers. Orders for propane fueled forklifts are up and the gap is widening against electric lifts.
The future of propane is even cleaner with hybrid solutions and renewables. Propane and material handling industry professionals need to be prepared with education and safety training, as well as continue to develop workforce development programs to meet demand. According to recent material handling distributors, the industry trends are healthy. In 2021, sales growth was up 11%, profit margins were up 6.9 %, and asset turnover was down. Despite its challenges, the state of the material handling industry is strong.
Take Action
Use these resources to grow your gallons in the material handling and ports market.
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KNOW THE FACTS
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Forklift applications range from indoor to outdoor.
- Read how Propane is An Unparalleled Energy for Ports
- Read the Freeman Case-Study to learn how Freeman, an events industry leader, relies on propane to keep tradeshows running.
The capital cost of propane-fueled forklifts is almost 30 percent lower than the purchase price of an electric-powered forklift. Calculate your savings by using the Forklift Cost Calculator.
Propane-fueled forklifts reduce greenhouse gas emissions by up to 16 percent compared to gasoline-fueled forklifts. Calculate your emissions using the Forklift Emissions Calculator.
Continue your research to learn the facts and myths:
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SHARE THE STORY
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Help your customers understand the propane in ports and material handling. Use these resources to get started:
- Propane Transforms the Way Ports Operate – :30
- Safety Social Series – Material Handling Videos Package
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EXPLORE EQUIPMENT & PRODUCTS
Contact the Business Development Lead:
Market of the Month Library: Material Handling & Ports
Take some time to view our market videos and share the content and resources with your employees and potential customers. Together, we can expand the positive impact of propane on homeowners and businesses everywhere.
June 2023 - Material Handling
June 2022 — National Safety Month
February 2021 - Material Handling Update
