There’s an old adage that says, “If you’re always ready, then you don’t have to get ready,”and representatives with Expert Heavy Equipment say the company is all set for what industry experts predict to be an increased demand for used heavy equipment for 2014. “As a woman entrepreneur in a male-dominated industry, understanding the market trends and…
Equipment Watch recently released resale data for the month of December 2013. The data breaks down the resale price differential. Based on the photo, it appears that North Dakota, New Mexico and Alabama are demonstrating the highest resale prices across the United States. As it pertains to North Dakota and New Mexico, this may be…
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…
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…
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…
Representatives with EHE Auctions announced today that it will now focus solely on reserve auctions rather than absolute auctions. Milissa Wise, Director of Operations for Expert Heavy Equipment, the parent company of EHE Auctions, which provides a marketplace for buying and selling used heavy construction and farm equipment, explained that the company made the decision to shift toward…
Representatives with Expert Heavy Equipment today announced an initiative it has started in order to create strategic partnerships with heavy equipment dealers in the Middle East. Milissa Wise, Director of Operations for Expert Heavy Equipment, whose company’s priority is to provide the best equipment at the absolute best pricing, explained that the Middle East is currently a…
Representatives with Expert Heavy Equipment announced today that it is now a resource in which buyers and sellers of heavy construction or farm equipment can use to determine the fair market value. “We are a resource to get general market pricing whether they are buying and or selling,” said Milissa Wise, Director of Operations for…
Equipment Watch released their most recent market data reviewing the different segments on Auctions for 2013. Based on the data they provided, the average unit sales prices began plateauing in June – July time-frame. In addition, after experiencing a full year of price decreases, the Komatsu wheel loader had a notable price increase in Q1…
The data below represents the most recent 6 months ranking by Alexa Internet. Alexa Internet, Inc. is a California based subsidiary company of Amazon.com which provides commercial web traffic data. As you can see from the graph below from Alexa, Proxibid has more traffic than both Ritchie Bros, Ironplanet and Auctiontime. SO WHY WOULD YOU…