Sandhills Global's Latest Market Data Provide Actionable Ins
LINCOLN, Neb., June 5, 2020 /PRNewswire/ -- With billions of dollars in used equipment, trucks, and trailers sold annually across its retail, auction, and wholesale platforms, Sandhills Global is in an ideal position to monitor and analyze trends across multiple industries worldwide. The used inventory on MachineryTrader.com, TruckPaper.com, TractorHouse.com, AuctionTime.com, and Sandhills' other industry-leading websites and trade publications provide an enormous share of the data Sandhills tracks for its analysis and reporting.
Along with data from its numerous platforms, Sandhills examines the broad market forces behind high-level inventory and average price trends within each industry, focusing on specific criteria such as inventory age, specification, and usage groups. Sandhills delivers these insights in the form of industry market reports, which customers use to make critical acquisition, liquidation, and related business decisions.
As illustrated in the accompanying set of charts:
- In the U.S. commercial trucking market, there has been a 10-month decline in year-over-year used sleeper truck prices, with inventory averaging +30% over the past 12 months.
- Recent analysis within the construction industry shows an upward trend in the U.S. used excavator market, with overall prices showing a steady YOY increase as a result of newer equipment entering the used market.
- In the U.S. ag market, an upward trend in new tractor production during 2013 and 2014 is driving the age of used equipment moving through the market.
For more information, or to receive detailed analysis from Sandhills Global, contact us at [email protected].
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
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SOURCE Sandhills Global