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Tag: used construction equipment
Construction Equipment
United Rentals hosts Blue Thursday used equipment sale Nov. 19th
More than 100 United Rentals locations will participate in the company’s annual Blue Thursday equipment sale on Nov. 19th. Up for sale will be a wide range of equipment from the United Rentals fleet, including aerial work platforms, earthmoving equipment, light towers and generators. During the sale, customers can browse used equipment at special discounts. […]
November 4, 2020
Construction Equipment
Should You Buy Used Construction Equipment in 2020? How to Navigate the Market Amid a Pandemic
Used equipment is playing an increasing role as equipment buyers struggle to navigate 2020’s strange environment.
September 11, 2020
Construction Equipment
Ritchie Bros. sets record in June for vocational truck sales
Ritchie Bros. says it set a record in vocational truck sales in June, selling 7,300 trucks for more than $118 million. Trucks in this category include van, flatbed, dump trucks, concrete mixers, pump and asphalt trucks. “Pricing for vocational trucks in the United States, which accounted for 78 percent of all vocational truck sales in June, […]
September 4, 2020
Dealers
Construction equipment auction companies switch to online-only during coronavirus, anticipate selling surge
Auction companies are preparing for a surge in heavy equipment sales by going to online-only operations during COVID-19. Details here on Equipment World.
April 15, 2020
Business
Ritchie Bros. Asset Solutions tackles used equipment inventory management, with integrated pricing data
The largest global seller of used equipment is now offering a broader suite of services centered around asset disposition. Ritchie Bros. Asset Solutions provides a suite of collaborative tools to give users real-time control over their inventory and optimize their sales of used equipment, the company says. This includes a cloud-based inventory management system, inspection […]
February 14, 2020
Dealers
Survey: End users tap multiple resources to acquire used equipment
Randall-Reilly surveyed equipment industry end-users on used equipment. Check the results from construction, landscaping, and agricultural industry members.
October 14, 2019
Dealers
ASV adds C.N. Wood to dealer network
ASV Holdings has added C. N. Wood Company to its dealer network. The dealer has six locations in Massachusetts, Rhode Island, Connecticut and Maine. C. N. Wood will offer ASV’s line of compact track loaders and skid steers. The company provides new, used and rental equipment services for a wide range of industries including construction, […]
October 3, 2019
Construction Equipment
Tips for contractors seeking a loan for used construction equipment
When it comes to seeking a loan for purchasing used equipment, lenders are interested in the same things as contractors, says Steven Nenn of Wells Fargo Equipment Finance. Such information includes clear title to the machine, past use and maintenance of the equipment, and machine hours. When examining loan offers, Nenn recommends making sure the […]
August 22, 2019
Dealers
Lenders continue to see good times for used equipment loans
Editor’s Note: This is part two of our 2019 Used Equipment Report. To read part one, click here. Lenders are seeing another busy year in financing used construction equipment, with loan applications and approvals keeping pace with 2018. “Both years have been very good, both for contractors and the industry in general,” says Steven Nenn, […]
August 22, 2019
Construction Equipment
Stellar used equipment market softens … a bit. Here’s what’s hot and what’s not.
Although the used equipment market has been steady, it doesn’t mean there won’t be softer prices ahead, especially compared with 12 months ago. “It’s still a strong market, even though it’s not as good as last year,” says Michael Cole with Cole Equipment, a used equipment dealer in Ada, Oklahoma. “The low-hour machines will still […]
August 13, 2019
Dealers
Online auctioneer bidadoo sees rising supply of used construction equipment
Bidadoo has increased its sales force and expanded into new markets since an increasing amount of used construction equipment came on the market. More here.
June 13, 2019
Business
Ritchie Bros. Asset Solutions helps owners of large fleets organize, manage and dispose of used equipment
If you are managing a large fleet of equipment with a spreadsheet or other antiquated methods, you might be interested in a new offering from Richie Bros. Although best known for their auctions, Ritchie Bros is now offering RB Asset Solutions, what the CEO Ravi Saligram describes as an “end-to-end asset management and disposition solution […]
March 5, 2019
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