Find Out the Age Benchmarks on Used Heavy Equipment By Category

Equipment Watch recently released market data concerning average resale age on used heavy construction equipment. The information which evaluates information for the continental United States, indicates there are some significant differences in average age on equipment being resold versus through auctions.  For example, the average age for resale on a wheel loader is 7.4 years…

Beating the Odds, Female Marine Veteran Dominates in Business

According to the Census Bureau, only 1.8 percent of women owned businesses generate more than $1 million in sales, but representatives with Expert Heavy Equipment (EHE) announced today that it is proud to have broken the barrier of reaching more than $3 million in sales within the first 18 months. Milissa Wise, Director of Operations and Owner…

US Oil and Gas Will Surge for Years, Firm Projects

The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy) Eagle Ford Shale production will jump 50 percent this year, hitting an average 844,000 barrels per day,  according to an analysis by research and consulting firm Wood Mackenzie. And despite slumping natural gas prices, the northeast United States will double gas…

2014 Equipment Forecast: Mixed Growth Dampens New Machine Sales

Demand for rented machines, such as this boom lift, has rental fleets gradually replacing units. As construction continues its slow recovery, sales of new construction machines are expected to remain muted next year, with flat to slightly positive movement in 2013, analysts say. The market expects rental companies and dealers that operate rental lots to…