Retail and auction values have experienced a consistent decline month-over-month, currently standing 13% and 22% below their respective peaks in early 2023. Relative to January 2019, retail values have increased 22% and shown less price volatility than auction, which is currently up 15%. See more of Rouse Services' data on our website.
The Liz Richards Scholarship Fund sponsored by MHEDA is now accepting applications. Liz Richards has dedicated much of her 28-year career to growing the awareness and recognition of the material handling industry within the academic community. Liz has worked tirelessly to ensure our industries are a draw for top talent to sustain and strengthen material handling businesses for the future.
Welcome, New MHEDA Members!
The following companies have applied for MHEDA membership:
This concentrated educational program brings together members of distributor associations to focus on the unique needs of the wholesale distribution industry.
When you attend a MHEDA Convention, you will gather with hundreds of industry professionals under one roof for four days of outstanding high-quality education and endless networking possibilities not to mention many exciting area tours.
MHEDA members are doing great things! Share your news — such as promotions, awards and industry or community events — with MHEDA, and we will share it with thousands of material handling professionals in the MHEDA community. It’s easy –submit your news here!
Congratulations, 2024 MVP and MVS MVP Awards header here - same font as other headers
MVP
Gregory Poole Lift Systems, Raleigh, NC - 14th Award
MVS
Advance Storage Products, Huntington Beach, CA, 3rd Award “I have had the opportunity to work with Advance Storage Products for the past 20 years and have had nothing but the best experience. They go above and beyond when it comes to engineering and customer service.” Brian K. Reaves, VP of Systems and Automation, Southern States Toyotalift.
In this three-part series, we’ll provide you with the knowledge and tools to begin building an extraordinary culture. Using a multi-media approach, that includes live sessions with Culture experts, you’ll walk away with a whole new appreciation for the impact of Culture and a concrete plan for getting started on the journey to building an amazing workplace!
In this episode of the MHEDA Talks podcast, Host Shari Altergott, Chief Experience Officer of The CX Edge talks with Liz Richards, MHEDA CEO, and Jeannette Walker, MHEDA Interim CEO, about the leadership transition due to Liz’s approaching retirement on December 31, 2023, They reflect on past perspectives of the association and industry and look forward to the 2024 program schedule and future direction of MHEDA.
The MHEDA DSC (Distributor Statistical Comparisons) Report is an annual financial benchmarking study that reviews and compares MHEDA distributor member companies based on the organization’s size, line of business, and geographic region.
This study provides key insights into exactly how the high-profit firms generate better profit numbers. It focuses intently on the key profit drivers – growth, gross margin, expenses, inventory turnover and accounts receivable collections. Learn more on our website!
From The MHEDA Journal
The end of the year is quickly approaching; have you started your year-end financial planning?
In the latest edition of The MHEDA Journal, Brad Stanek and Paulina Matel with Morgan Stanley lay out the pros of spreading out your financial planning throughout the year rather than leaving it all to the last months of the year. Read about it here!
"Winter is the time for comfort, for good food and warmth, for the touch of a friendly hand and for a talk beside the fire; it is time for home." — Edith Sitwell
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