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…

Construction Equipment Trends

As reported by Nathan Medcalf  , the editor of  Equipment Journal, Canada’s business-to-business newspaper that focuses on the construction, material handling mining and forestry industries. What are current construction equipment trends? Current equipment trends include: Rented equipment is becoming a larger portion of an end-user’s fleet; End-users and rental companies are replenishing their fleets after…

October Auction results up 3.1% vs. September FLV values

As reported in the November 23, 2013 Rouse Rental Report, ‘October Auction results up 3.1% vs. September FLV values’. October sales of auction and rental equipment tracked by Rouse averaged 3.1% higher than Rouse September FLV values. Rouse recorded 3,326 units that sold at 35 separate auction sales conducted across North America. The units represented…

Expert Heavy Equipment to Expand Into Additional Used Equipment Segments

Representatives with Expert Heavy Equipment today announced an initiative to expand into other segments of used equipment, such as wheel loaders, cranes and rock trucks. “The reason for this is the increase in demand for mining equipment,” said Milissa Wise, Director of Operations for Expert Heavy Equipment, whose company’s priority is to provide the best used equipment…