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News Stories (35 Results) - Equipment News

EquipmentShare announced it has completed an extension of its Series E equity raise, led by funds affiliated with BDT & MSD Partners. Through the extension, EquipmentShare raised an incremental $150 million from existing and new investors, for a... Read Story
September 14, 2023, 07:10 AM

According to the newest Sandhills Global market reports, ongoing inventory increases have led to decreased auction values across the construction equipment, farm machinery, heavy-duty truck, and semitrailer categories in Sandhills marketplaces. These... Read Story
September 08, 2023, 07:15 AM

Florida Coast Equipment (FCE), the nation’s largest Kubota equipment dealership, announced the opening of its newest location in Mims, FL, expanding its presence to the Space Coast. This state-of-the-art dealership offers a comprehensive range of... Read Story
June 09, 2023, 07:12 AM

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... Read Story
June 07, 2023, 07:18 AM

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... Read Story
May 08, 2023, 07:15 AM

Florida Coast Equipment (FCE), the nation’s largest Kubota equipment dealership, announced the opening of its 13th location, based in Homestead, FL, to serve Miami-Dade and Monroe Counties. The state-of-the-art facility is a testament to FCE’s... Read Story
April 28, 2023, 07:07 AM

Chadwick BaRoss (CBR), one of New England's oldest and largest suppliers of heavy construction equipment, announced it has concluded an asset acquisition from Woodco Machinery. This will allow CBR to expand its existing partnership with Volvo... Read Story
April 03, 2023, 07:20 AM

SmartEquip, a provider of equipment lifecycle management, service, and procurement support for the construction industry, reports over $1.4 billion in equipment parts ordered through its network each year. Founded in 2000, the company's platform... Read Story
March 02, 2023, 07:05 AM

1st Choice Material Handling is the latest dealership to join the growing LiuGong North America dealer network.Leaders of the Memphis, TN-based business expressed several reasons they were interested in a partnership with LiuGong. Their machines are... Read Story
February 16, 2023, 07:05 AM

Lift Atlanta is the latest dealer to join the expanding LiuGong North America dealership network in the South.Leaders of the North Georgia-based business said they were looking for a new manufacturer at the end of 2022 and were intrigued by what they... Read Story
February 10, 2023, 07:05 AM

Casey Equipment is the latest Midwest dealer to join the rapidly expanding LiuGong North America dealership network.Leaders of the third-generation family-owned business said joining the lineup has been a smooth, straightforward process because of... Read Story
January 11, 2023, 07:10 AM

The varied equipment value trends that began in November across Sandhills Global marketplaces continued through December. Used farm equipment asking and auction values remained elevated, surpassing the all-time highs reached just a month before.... Read Story
January 09, 2023, 07:11 AM

EquipmentWatch, the industry’s source for heavy equipment data and intelligence, has released its annual State of the Construction Equipment Economy white paper.To keep a pulse on what is happening in the equipment market, EquipmentWatch analysts... Read Story
December 19, 2022, 07:15 AM

With its November Market Trends Report, Ritchie Bros. takes a closer look at sales of earthmoving equipment in North America, including excavators, dozers, wheel loaders, skid steers and more.One of the main trends the company is seeing is the... Read Story
November 23, 2022, 07:05 AM

With its October Market Trends Report, Ritchie Bros. takes a closer look at sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers.Traditionally the company sells more boom and scissor lifts... Read Story
October 20, 2022, 07:15 AM

With its September Market Trends Report, Ritchie Bros. takes a deep dive into sales of oil & gas support equipment over the past 20 months (January 2021 – August 2022), including detailed charts breaking down volume, median asset age, and pricing for... Read Story
September 22, 2022, 07:15 AM

According to the latest Sandhills Global Market Reports, May marked the third consecutive month of inventory increases for used heavy-duty trucks and semi-trailers in Sandhills marketplaces. From April to May, heavy-duty truck inventory was up 17... Read Story
June 06, 2022, 07:05 AM

The newest Sandhills Global Market Report spotlights flattening inventory levels in Sandhills marketplaces, particularly in the heavy-duty truck and farm equipment markets. Heavy-duty truck inventories, for example, have been flat for four... Read Story
March 14, 2022, 07:15 AM

The newest Sandhills Global Market Report spotlights how inventory declines in certain age groups are driving value increases in Sandhills’ heavy-duty truck, construction equipment and farm equipment markets. For example, the 0- to 5-year and 5- to... Read Story
February 15, 2022, 07:10 AM

Commercial Credit, Inc. (CCI), a Charlotte, NC-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., announced it has acquired Keystone Equipment Finance Corp... Read Story
December 27, 2021, 07:23 AM

Ritchie Bros.' November Market Trends Report continues to show positive pricing trends across all its equipment indexes, with medium earthmoving equipment prices up 36 percent in the United States, while truck tractors and vocational trucks are up 45... Read Story
November 17, 2021, 07:05 AM

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... Read Story
November 11, 2021, 07:15 AM

A recent study by PayNet, Inc., a firm that risk management tools to the commercial credit industry compares growth rates and projected default rates of major equipment sectors identifying safe and higher growth sectors.  This data is derived from... Read Story
October 21, 2013, 06:54 AM

The February edition of the Rouse Rental Report indicates improved metrics in three important areas: OLV Values, auction sale results, and rental rates across fourteen major rental categories tracked by Rouse. January OLV Values Increase 0.6%January... Read Story
March 01, 2012, 07:30 AM

January trailer net orders eased from December to 26,000 units, but they were the strongest orders for the first month of the year since 2006. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers... Read Story
February 27, 2012, 06:30 AM

Reuters reported that Volvo, the world’s second largest truck maker said its truck shipments rose 25% in October.  The report also states Volvo has reduced its forecast for the scale of future recovery due to the European debt crisis. According to... Read Story
November 16, 2011, 06:30 AM

September U.S. manufacturing technology orders totaled $606.56 million according to AMTDA, the American Machine Tool Distributors’ Association and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating... Read Story
November 15, 2011, 07:30 AM

The Trucker reported that new truck sales in the heavy-duty category more than doubled in October versus the monthly total from October 2010, and were the best so far in 2011. The report states that according to figures provided to The Trucker by... Read Story
November 14, 2011, 07:00 AM

Bloomberg reported that American manufacturers booked the most new orders for machinery equipment in September since July 2008 with $32.6 billion in new orders, according to data released by the Census Bureau.  There’s “no evidence” of a collapse in... Read Story
November 11, 2011, 07:00 AM

Bloomberg Business Week reported Volvo AB, the world's second-largest maker of commercial vehicles, and maker of Mack trucks in North America and Renault trucks in Europe predicted on Oct. 25 that industry-wide heavy-truck sales in North America will... Read Story
November 09, 2011, 07:00 AM

Transport Topics reported Kenworth, a division of Paccar Inc. has gained 2.8% of market share in Class 8 retail sales for the first nine months of 2011 – to 13.1% form 10.3% during the same nine month period in 2010.  The company credits the... Read Story
November 08, 2011, 06:30 AM

Bloomberg reported that billionaire Carl Icahn holds a 9.8 percent stake in the company. Per this report, Icahn, who has been known to purchase shares in companies he considers to be under-performing, has held talks with the management about... Read Story
October 14, 2011, 08:13 PM

Transport Topics reported North American Fleets ordered 23,800 new Class 8 vehicles in the month of September, an increase of 55.5% over September 2010’s reported orders.  This performance improvement indicates the heavy-duty truck market recovery is... Read Story
October 12, 2011, 08:01 AM

August U.S. manufacturing technology orders totaled $460.61 million according to AMT - The Association for Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating in... Read Story
October 10, 2011, 08:01 AM

A report issued by DOTmed Business News, indicates that the prospects for the medical equipment and healthcare technology leasing markets are improving. This special report quotes Mark French, the president of Crest Capital as stating “Medical... Read Story
October 10, 2011, 07:54 AM