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The rising global prevalence of technology and connectivity has set off a significant transformation of the industrial landscape, especially in the retail domain. As the world moves to an increasingly digitized platform, e-commerce, or electronic commerce, commonly associated with online shopping, is rapidly establishing itself as a favored retail choice among consumers. In fact, studies have shown that almost 95% of all shopping will be facilitated through e-commerce by 2040. With such a prolific rise expected in e-commerce adoption over the forthcoming years, the demand for robust warehousing and distribution facilities takes significant precedence. This, in turn, augments the need for efficient material handling systems and components to ensure proper storage, loading, transport activities in the warehouses . Since product transport is one of the most integral roles in the e-commerce distribution ecosystem, the forklift market is likely to garner tremendous interest as retail and shopping activities continue their transition to the online platform. Top 10 Solutions for Common Warehouse Problems What are forklifts? Forklift trucks, also known as jitneys or lift trucks, refer to a class of vehicles designed for industrial use. These systems comprise a power-operated platform attached to the front, which can be raised or lowered as required to lift or move cargo. The term forklift is derived from these platforms, which are usually in the form of fork-like prongs. Lift trucks are used across myriad industrial sectors for the efficient transport of goods and materials. The origins of these systems can be traced back to 1887, when the first material handling equipment, known as a two-wheel hand truck, was created using a combination of wheels and iron axles. However, the history of the modern forklift is more commonly associated with the invention of the Tructractor by the Clark Equipment Company, in 1917 . The machine, […]