Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Former Yale employee honored with lifetime achievement award by supply chain industry publication

Forklift manufacturer’s recently retired director of dealer marketing recognized for five decades of service to the company

Former Yale employee honored with lifetime achievement award by supply chain industry publication

GREENVILLE, N.C. (April 9, 2024) – Yale Lift Truck Technologies announces that Jay Costello, who formerly served as director of dealer marketing, has received a lifetime achievement award from Supply & Demand Chain Executive. Costello retired in late 2023 after more than 50 years with Yale – approximately half of the brand’s 100-plus years in business. His time with the organization included 36 years as the brand’s vice president of marketing, followed by positions as director of training and director of dealer marketing.

During his long tenure, the brand underwent several significant transformations and throughout, Costello helped to shape the culture of the organization, unify global marketing and maintain strong relations with the dealer network. When the brand transitioned from a division of Eaton Corporation to Yale Materials Handling Corporation and later to Hyster-Yale Materials Handling, Costello played a pivotal role in forming and supporting the Yale identity. Costello applied this knowledge and experience to support the continued evolution as the brand unveiled its new identity and positioning at ProMat in 2023.


Other notable accomplishments throughout his career include:
• Creating the company’s global product development process, which ultimately led to global marketing and product launches aligned across regions
• Securing the business of one of the organization’s largest and longest-tenured customers, a major hardware retailer
• Helping to plan and manage the company’s Experience Center facility, where customers, dealers and employees can access educational resources to improve lift truck utilization and advance training and innovation

Costello has spent much of his career focused on mentoring young professionals who will continue to shape the company and the wider materials-handling industry. Helping others succeed in their careers has been such a passion and source of joy that Costello hopes to continue serving as a mentor even in retirement.

“Jay was a leader at Yale long before I walked through these doors, and his mentorship has ensured that his legacy will be a lasting one,” said Brad Long, Brand Manager, Yale Lift Truck Technologies. “This recognition is a testament to the impact he has left not only on our brand, but on our industry as a whole, and more importantly, on the people working in it.”

ABOUT THE AWARD
Supply & Demand Chain Executive's 2024 Pros to Know award recognizes 100 outstanding executives in four distinct categories, whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage. The four categories include top procurement pros, top shippers, rising stars and lifetime achievement.

ABOUT YALE LIFT TRUCK TECHNOLOGIES
Yale Lift Truck Technologies leverages over a century of material handling experience and substantial investment in innovation to bring the most advanced technology-driven lift truck solutions to market. The company offers a full line of award-winning lift trucks, including reach trucks, order pickers, turret trucks, pallet jacks and trucks, pallet stackers, tow tractors and counterbalanced forklifts, as well as powerful operator assist solutions, proven robotics and a wide range of power sources to help customers adapt to today’s demanding supply chain. Yale and its independent dealer network support these solutions with comprehensive after-sales service, parts, financing and training.

Hyster-Yale Group, Inc. is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY) which is headquartered in Cleveland, Ohio and operates globally.

© 2024 Hyster-Yale Group, Inc., all rights reserved. YALE is a trademark of Hyster-Yale Group, Inc.

https://www.yale.com/en-us/north-america/

Recent

More Stories

GEODIS to Hire 3,700 Seasonal Workers for Peak Season

GEODIS to Hire 3,700 Seasonal Workers for Peak Season

GEODIS, a leading global logistics provider, today announced plans to hire 3,700 seasonal workers across its campuses in the U.S. and Canada to help manage the expected rise in volumes during peak season. This hiring initiative will bolster the company’s operational capacities in its warehouses and distribution centers in preparation for the holiday season, a time when consumer demand surges.

Keep ReadingShow less

Featured

Nulogy Announces ASCM Connect 2024 Session

Nulogy Announces ASCM Connect 2024 Session

Nulogy, a leading provider of supply chain collaboration solutions, is hosting a session during the Association of Supply Chain Management's ASCM Connect 2024. Nulogy, Kinaxis and Colgate-Palmolive executives will present “Orchestrating Digital Transformation: Nulogy & Kinaxis Empower Colgate-Palmolive’s External Network” on Monday, 9/9/2024, 3:45 - 4:45 p.m. CT in Ballroom E, Level 4.

In an era when digital transformation is paramount for sustainable growth, Colgate-Palmolive stands out as a leader in the consumer packaged goods space. With a strong digital transformation vision and strategic partners that tout the technical capabilities and expertise to bring it to life, Colgate and its extended supply network has been able to reap the benefits of digitally-infused agility, resilience and efficiency to outcompete in today’s marketplace.

Keep ReadingShow less
Orchestrating the Future: PepsiCo/FLNA's Warehouse Transformation with AutoScheduler.AI's AutoPilot

Orchestrating the future: PepsiCo/FLNA's warehouse transformation with AutoScheduler.AI's AutoPilot

Austin, TX - (September 3, 2024) – AutoScheduler.AI, an innovative Warehouse Orchestration Platform and WMS accelerator, announces the company is sponsoring a webinar hosted by DC Velocity magazine to discuss PepsiCo/FLNA’s (Frito Lay North America) warehouse transformation using AutoScheduler.AI’s AutoPilot.

Keith Moore, CEO of AutoScheduler.AI, and Peter Hanna, a leader at PepsiCo, will share how AutoPilot is revolutionizing operations at PepsiCo/FLNA. Faced with rising demand, shrinking margins, and complex operations, PepsiCo turned to AutoScheduler.AI’s cloud-based AutoPilot platform to optimize warehouse operations and improve efficiency, including a 30% increase in product picks per hour.
“PepsiCo has been focused on driving value for customers through innovative supply chain processes that improve fulfillment times, reduce operating costs, and maximize productivity,” says Keith Moore, CEO of AutoScheduler.AI. “Our AI algorithms can prioritize customer orders based on predefined rules and criteria while considering warehouse constraints, which helps to improve customer satisfaction and overall profitability.”
At the free webinar on September 12, 2024, at 2:00 PM ET, attendees will:

Keep ReadingShow less
GreyOrange is Multi-Category Sample Vendor in 2024 Gartner® Hype Cycle™ for Mobile Robots and Drones

GreyOrange is Multi-Category Sample Vendor in 2024 Gartner® Hype Cycle™ for Mobile Robots and Drones

GreyOrange Inc., a leader in AI-driven fulfillment automation, was recently recognized as a Sample Vendor in the 2024 Gartner® Hype Cycle™ for Mobile Robots and Drones report. GreyOrange views its inclusion in four categories – Multiagent Orchestration (MAO), Mobile Sortation Robots, Smart Robots, and Mobile Robotic Goods-to-Person Systems – as confirmation of the company’s role in driving innovation and efficiency within the rapidly evolving robotics landscape. The report focuses on practical applications of mobile robots and drones, leaving detailed technological aspects to other Hype Cycle reports.

The 2023 Gartner Supply Chain Technology User Wants and Needs Survey found continued strong interest in, and deployments of, robotics and automation, with 92% of the respondents saying they were investing, or planned to invest, in robotics over the next two years. GreyOrange believes the 2024 Gartner® Hype Cycle™ for Mobile Robots and Drones report highlights the critical role of mobile robots in transforming supply chain operations and addressing the challenges posed by labor shortages and increasing order volumes. 

Keep ReadingShow less
image001.jpg

ANKUSH MALHOTRA APPOINTED NEW GROUP CEO OF ELEMENT LOGIC

FOR IMMEDIATE RELEASE – MELBOURNE, FL, AUGUST 27, 2024 — Element Logic Co-founder, Dag-Adler Blakseth, passes the baton to Ankush Malhotra effective immediately. 

Ankush Malhotra will be the new Group CEO of the technology and automation company Element Logic. He is taking over from Dag-Adler Blakseth, who co-founded the company nearly 40 years ago, and who is stepping down from the day-to-day operations after 30 years at the helm.

Keep ReadingShow less