AmeraMex Bags US Orders Worth $665,000

Monday, February 26, 2018
AmeraMex International, Inc., a provider of heavy equipment for logistics companies, infrastructure construction, and tactical military vehicles, said it received multiple equipment orders from two U.S. West Coast customers totaling $665,000.
The equipment, which included loaded and empty container handlers along with a forklift, will ship during the first quarter
AmeraMex CEO Lee Hamre commented, “Our business prospects here and in Africa a good and we have booked just under a million dollars for the first two months of 2018. The first quarter is historically our slowest quarter as customers, generally for budget and tax purposes, will spend a high percentage of their capital expenditure budget in the second half of the calendar year. We expect customers’ confidence in the growing economy to remain strong, which should in turn will increase capital spending to purchase or enter into long-term equipment lease agreements.” 
Categories: Contracts Logistics Marine Equipment People & Company News Ports

Related Stories

Most Efficient Inland Port System Named

Partnership Aims to Advance Bio-LNG as Marine Fuel

NYK-Led Consortium Develops Floating Data Center Concept for Ports

Current News

Rheinmetall, MSC Take Over Romania’s Mangalia Shipyard in $155M Deal

Baltic Index Hits Third Weekly Loss As Capesize Rates Remain Weak

European Wheat Falls Alongside Shifts in the Euro, Russian Exports

Oil Supertanker Rates Drop After Record Highs

Subscribe for Maritime Logistics Professional E‑News