Improved Booking Activity
Bookings rose to $380 million in Q3, up from $330 million in quarter 2, led by the EMEA and APAC regions, with Class 1 trucks showing solid growth.
Strategic Initiatives for Customer Engagement
Hyster-Yale is implementing targeted initiatives aimed at increasing bookings through enhanced market participation and quote closure rates.
Operational Efficiency Improvements
Q3 operating cash flow of $37 million improved by nearly 25% from Q2's level, largely driven by improved inventory performance.