Skid steers a barometer for equipment market health
A market downturn and a potential rise in repossession orders for skid steers could indicate looming problems for the equipment...
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Equipment finance brokers: Last ‘Wild West’ of business
The increased capital costs that have forced some lenders to pull back from equipment finance are giving rise to a...
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Penske Logistics appoints Jeff Jackson as new president
Penske Logistics appointed Jeff Jackson as its new president, succeeding Marc Althen upon his retirement. (Courtesy/Penske) Jackson, a Penske veteran...
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Volvo CE to sell ABG paver business to Ammann Group
Volvo Construction Equipment is set to sell its global ABG paver business to Swiss mechanical engineering company Ammann Group. The...
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Ag values mixed as values shift with inventory
Small rises in prices contributed to mixed agricultural equipment values in November as supply stabilizes. Many of the price changes...
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Business cycle normalization expected in 2024
The business cycle is expected to return to normal in 2024, with improved macroeconomic conditions and equipment asking values, according...
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United Rentals enhances mobile app with new rental features
United Rentals on Dec. 8 announced advanced equipment access management capabilities and an improved rental process for its mobile application....
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Demand for construction equipment weakens
Demand for construction equipment softened in November as auctions, dealers and OEMs continued to manage excess inventory. Growing inventories amid...
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