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Big Iron Dealer
Surprise Growth? Equipment Finance Firms More Confident Than They Have Been In a While
"We are relatively positive on domestic and global economic activity for this year, and likely next," says David Drury, senior vice president and head of equipment finance, Fifth Third Bank.
March 22, 2021
Big Iron Dealer
Alta Equipment grows net revenues 57% in 2020
And click through for news on Easton Sales and Rentals, MGMT Group and Pathfinder Power Solutions.
March 22, 2021
Big Iron Dealer
Avoid These Surprises in Your Dealer/OEM Agreement
Markets, like relationships, tend to change over time, and what looks like a great deal today may not be as appealing tomorrow. Look at all of your options and be prepared to negotiate these agreements carefully.
March 15, 2021
Big Iron Dealer
Electric Machines, Mini Skid Steers Making Their Presence Felt
Volvo's electric excavator prototypes, the highly popular compact utility loader and the advance of autonomous machines head up this week's Equipment Roundup. Also: Fontaine's new trailer and a beefed-up Engcon tiltrotator.
March 15, 2021
Big Iron Dealer
SMS Equipment Takes On NPK, Genesis Attachments and Other Dealer News
Construction equipment distribution news includes Vermeer Mid Atlantic, TNT Sales and Deutz.
March 15, 2021
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Equipment
Used Equipment Prices Are High Right Now. Here’s Why.
Supply side issues are contributing to the situation, with customers waiting three to four months for both large and compact excavators from certain brands. Says one dealer: "It's only going to get worse."
March 9, 2021
Equipment
New Rebuild Center at West Side Tractor Leads This Week's Equipment Dealer News
Also in the news: Knapheide, Associated Equipment Distributors Foundation, American Rental Association, H&E Equipment Services, Midwest Ready Mix & Equipment and Jersey Rents Equipment Sales & Service.
March 8, 2021
Big Iron Dealer
Ritchie's Online-only Orlando Auction Sees 25% More Bidders on 11% Less Equipment
In February, there were 200+ fewer sellers and 1,500 fewer lots on the block this year, in comparison with record numbers of both sellers and lots in 2020. Most major machine types saw double digit declines in the number of units for sale.
March 1, 2021
Big Iron Dealer
Volvo CE expands U.S. HQ with new dealer training center
Slated to be open by the end of 2022, the $4.3 million center will include new machine bays, classrooms and a virtual lab.
March 1, 2021
Big Iron Dealer
ASV honors Duffy's Sales & Rental and other equipment dealer news
Dealer news includes Ziegler Cat adding a line, new hires at Takeuchi-US and Curry Supply and Altorfer Cat's expansion in Chicagoland.
March 1, 2021
Business
Manitou launches new, consolidated parts brand for equipment
Manitou Parts Group is designed to make it easier to buy spare parts for earthmoving, material handling and aerial work platform equipment. Details here.
February 24, 2021
Big Iron Dealer
ARA Expects Rental Revenues to Increase in 2021 and More Rental News
Details on the American Rental Association's expectations for 2021 right here.
February 22, 2021
Big Iron Dealer
New deal brings BRON utility track plows and attachments to Vermeer dealerships
Vermeer dealers will now exclusively distribute certain tracked utility plows and utility plow attachments from BRON.
February 15, 2021
Big Iron Dealer
David Ness takes 3rd generation helm of Hawthorne Cat, plus more of the latest equipment dealer news
February 12, 2021
Big Iron Dealer
Ditch Witch Dealers Will Now Sell All Products From the Company’s Four Brands
Kevin Smith is piloting Toro’s new Ditch Witch Division, which now encompasses Ditch Witch, Subsite Electronics, American Augers and Trencor products.
February 8, 2021
Big Iron Dealer
Long-term infrastructure funding—not "shovel ready" projects—focus of coming legislation, congressman tells equipment dealers
Rep. Pete DeFazio, chair of the House Transportation and Infrastructure Committee, tells AED members it's time to pass a multiyear highway bill.
February 2, 2021
Big Iron Dealer
Cat 2020 sales take a 22% hit, Q4 down 15%
Cat saw declines in demand and dealer inventories -- put primarily at the feet of the Covid-19 pandemc.
February 1, 2021
Big Iron Dealer
Case dealer Sonsray expands to Arizona
Founded in 2012, the California dealer now has 15 locations in five states.
February 1, 2021
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Case Upgrades its Popular G Series Loaders, Adds Payload, Tire Measurement Options
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