EquipmentWatch

Our March EquipmentWatch Market Report takes a deep dive into average auction prices for some of the most popular construction, lift and agricultural equipment. Read the full market report here. https://equipmentwatch.com/downloads/market-report/ #EquipmentWatch #ConstructionEquipment #LiftEquipment #AgriculturalEquipment #AuctionSalesPrices #ResaleHeavyEquipment

#Rental rates have shown some peculiar anomalies in 2020, and the Canadian rental market is no exception. The pandemic has potentially required businesses to increase their rates to compensate for some decreases in utilization of assets, during a time when we would normally expect some decreases. Listen to the recent podcast on Counter Talks from the Canadian Rental Service to learn more about these trends, and how the pandemic has affected rates. https://lnkd.in/gpN6cjB #construction #equipment

EquipmentWatch has incorporated significant updates to the Rental Rate Blue Book, including the addition of new equipment models and updates to size classes. Check out our latest blog to learn more about these changes https://lnkd.in/daNr_cb #construction #equipment

Although there is much press about how the COVID-19 pandemic has upended the #construction industry, there is also cause for optimism. #Equipment #rental is a high-growth area in this environment. Learn more about making rent vs. own decisions: https://lnkd.in/gdwJPEK #heavyequipment

The economic impacts of the 2020 COVID-19 crisis have affected almost every global industry, including construction #contractors, equipment dealers and manufacturers. Lenders are no exception, and the challenges they face require being informed and vigilant, and to accurately use data and market insights to the fullest. Read EquipmentWatch's latest article in Equipment Finance Advisor to learn the three factors creating uncertainty for lenders, and crucial steps to position for success as economic conditions begin to recover: https://lnkd.in/dHk-Sng #constructionequipment #equipmentfinance

We are honored to support the Associated Equipment Distributors community and to introduce the informational session, The Brave New World of Selling something very near and dear to our hearts, as heavy equipment and agriculture dealers all across North America rely on EquipmentWatch every day to provide third party, unbiased benchmarks and data attributes for over 25,000 models. Join EquipmentWatch and AED in tomorrow's session as part of the Virtual Leadership Conference, and learn time-tested fundamentals to create a strategy for future growth. Learn more and register here: https://lnkd.in/gadRpJT

According to new data, #construction #equipment machine utilization dropped consistently in early 2020, but largely recovered by June 2020 to levels seen in 2019. This is part of a positive trend toward renewed growth in construction demand. Learn more: https://lnkd.in/d4D6wCm

Recent research shows that 58% of contractors have not billed for equipment-related standby costs. With many fleets idle, these findings imply that #contractors may not be taking advantage of standby rates. Learn more: https://lnkd.in/d4D6wCm #construction #equipment

Disruptions in 2020 have affected #construction #contractors, #equipment managers, and lenders alike. But basic steps can help build economic resilience , including managing #data more efficiently. Find out more at EquipmentWatch's latest blog: https://lnkd.in/dkE9XtU

#Equipment resale values slide as excess inventory increases during downturns such as the COVID-19 crisis. But these cycles are normal in the long term. 46% of EquipmentWatch survey respondents indicated that despite slowdowns and long cost recovery times, they expect to lease or purchase resale assets at the same rate as in the past. Read the new research here: https://lnkd.in/d4D6wCm #Construction #HeavyEquipment

According to new EquipmentWatch #research, 44% of #contractors expect to take longer than six months to recover costs from COVID-19. Read EquipmentWatch’s recommendations: https://lnkd.in/d4D6wCm #construction #equipment

#Equipment #rental rates continue to rise. Meanwhile, many #contractors plan to rent machines more than in the past, making the determination of rent-versus-own a critical one. Find out why: https://lnkd.in/d4D6wCm #construction #heavymachinery

Construction Dive notes that the #construction industry is poised for a resurgence in demand, driving a surge of new projects. #Contractors that can optimize their equipment with accurate #data will build resilience. Read EquipmentWatch’s new research here: https://lnkd.in/d4D6wCm

Thanks Monitordaily for shining a spotlight on this new #construction industry research - https://www.monitordaily.com//equipmentwatch-key-steps-to/ #equipment #heavyequipment #contractors