ACT Research marks 2025 expectations for medium-duty and heavy-duty trucks down sharply this month, even as 2024 forecasts push higher. The biggest driver of Classes 5-7 and Class 8 2024–2025 forecast changes are driven by excessively strong build...
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August 15, 2024, 07:00 AM
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Sandhills Global previously reported inventory increases occurring in April across Sandhills’ heavy-duty truck, semitrailer, agricultural equipment, and heavy construction machinery marketplaces. Those trends accelerated in May. Truck and trailer...
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June 07, 2023, 07:18 AM
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Inventory levels showed another month of increases across Sandhills Global marketplaces for used trucks, trailers, construction equipment, and farm machinery. And in what has become a recurring trend, asking and auction values dropped year over year...
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May 08, 2023, 07:15 AM
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Quiktrak, a Bureau Veritas Company, announced Rob Murphy has been named Chief Operating Officer. Quiktrak is a global provider of asset verification and inventory audit solutions. Murphy's responsibilities will include growing the company's Quiktrak...
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April 27, 2022, 07:20 AM
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The declining inventory levels seen throughout September continued unabated in major equipment categories during October, and a new Sandhills Global Market Report indicates used equipment values are responding with steep value increases as supply...
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November 11, 2021, 07:15 AM
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A new Sandhills Global Market Report notes the stabilization of used construction equipment, farm machinery and heavy-duty truck inventories within Sandhills Global marketplaces in June, following steady declines since Q2 2020. After more than a year...
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July 28, 2021, 07:15 AM
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Ritchie Bros. has spent the last couple of years developing an innovative, cloud-based Inventory Management System (IMS) designed to bring asset management and disposition into a new age. With Ritchie Bros. Asset Solutions' free version of the...
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February 01, 2021, 07:10 AM
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A new Sandhills Global market data report highlights dropping inventory levels making a major impact on year-over-year used equipment values in key construction, farm and truck markets. By assessing year-over-year inventory and equipment values...
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January 04, 2021, 07:06 AM
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Ritchie Bros. announced an update to its RB Asset Solutions SaaS inventory management system. This cloud-based tool, designed to help businesses more efficiently manage their fleets, has been redesigned to help companies of all sizes."The new...
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March 09, 2020, 07:02 AM
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American Trucking Associations’ Chief Economist Bob Costello said, the trucking industry has seen soft volumes in 2016 due to bloated inventories and a weak manufacturing environment. “The current cycle of larger than normal inventories has taken...
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October 03, 2016, 07:14 AM
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Quiktrak, a global leader in asset verification and inventory audit solutions, announced an agreement with Agricredit, the North America food and agriculture business for De Lage Landen, a global provider of asset-based financing solutions to...
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March 06, 2014, 06:45 AM
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Hilco Appraisal Services announced the appointment of Thomas McNeely, CFA, as senior vice president in Hilco’s Enterprise Valuation Services group. In this role, McNeely will focus on new business development in the areas of financial reporting...
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February 28, 2013, 07:24 AM
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GE Capital’s Commercial Distribution Finance (CDF) business says it is optimistic about the outlook for the RV industry and remains committed to providing flexible inventory financing (floorplan) products."RV sales are often tied to economic...
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November 20, 2012, 06:30 AM
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Republic Business Credit announced the launch of Republic1. For businesses with needs beyond Receivables Finance, Republic1 provides additional funding for Inventory and also Machinery and Equipment. “Many businesses are looking to finance not only...
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October 19, 2012, 06:55 AM
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New orders for manufactured durable goods in July increased $9.4 billion or 4.2% to $230.7 billion, the U.S. Census Bureau announced today. This increase, up three consecutive months, followed a 1.6% June increase. Excluding transportation, new...
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August 27, 2012, 07:14 AM
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GE Capital's Commercial Distribution Finance (CDF) business today announced a new $30 million inventory finance program with Logicalis, Inc. The new supplier facility enables Logicalis to finance inventory purchases from specific original equipment...
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August 13, 2012, 06:15 AM
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GE Capital, Commercial Distribution Finance (CDF) today announced significant upgrades to its online inventory finance management tool used by dealers across a wide range of durable consumer products industries including recreational vehicles, marine...
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June 15, 2012, 07:00 AM
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New orders for manufactured durable goods in February increased $4.5 billion or 2.2 percent to $211.8 billion, the U.S. Census Bureau announced today. This increase, up four of the last five months, followed a 3.6 percent January decrease. Excluding...
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March 28, 2012, 08:30 AM
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