If you’ve lived any length of time on this earth then we’re sure that you’ll agree that there’s news……..and then there’s a special case of sad news that happens every now and then. That sad news happened this week where a mudslide devastated the rural community of Oso, located near Seattle. The official death toll…
Let’s face it: When you want or need heavy equipment, you want the absolute best there is to offer, and at the right price. And for many, especially in the GCC region, the upcoming Construction Machinery Show, is the place to be, which is the largest dedicated event for heavy machinery and construction equipment in…
The 2014 Winter Olympics have officially begun in Sochi, Russia, where countries from around the world send representatives in the form of athletes to compete and put their bid in for being the best to offer in a particular event or category. The atmosphere is unlike anything most people can imagine. But what’s really ironic…
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…
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…
There’s an old saying that two heads are better than one, and representatives with EHE Auctions say they are taking that same approach when it comes to its auctions by officially launching its Timed Auction. “Our new Timed Auction service will serve as a complement to our Live Virtual Auction,” said Milissa Wise, Director of Operations for Expert…
There’s an old adage that says numbers don’t lie, and representatives with EHE Auctions, say that based on statistics, the company is now incorporating the researched proven strategy of low starting opening bids. “Often you see auctions that will have an opening bid of 50 percent or 70 percent of the market value of the equipment,”…
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…
