Inventory Increases Accelerating Across Truck, Trailer, Farm Machinery, and Construction Equipment Marketplaces

Jun 04, 2023

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06 Jun, 2023, 16:04 ET

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LINCOLN, Neb., June 6, 2023 /PRNewswire/ -- 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 inventory levels, for example, increased by double digits in May while inventory levels in several construction and farm equipment categories increased between 4% and 9%. When rising inventory level trends occur, auction value decreases usually follow. In fact, Sandhills has observed auction value decreases in several categories ranging from 2% to 9% month over month from April to May.

"Sandhills' market reports are showing clear trends that sellers would be wise to track," says Sales Manager Mitch Helman. "Truck, trailer, and construction equipment sellers, in particular, should pay close attention to the market as inventory levels are up and values are heading lower."

The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets as well as model year equipment actively in use.

Additional Market Report TakeawaysSandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.

U.S. Used Heavy-Duty Trucks

U.S. Used Semitrailers

U.S. Used Medium-Duty Trucks

U.S. Used Heavy-Duty Construction Equipment

U.S. Used Medium-Duty Construction Equipment

U.S. Used Farm Equipment

U.S. Used Compact and Utility Tractors

Obtain the Full ReportsFor more information, or to receive detailed analysis from Sandhills Global, contact us at [email protected].

About Sandhills GlobalSandhills 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.

About the Sandhills Equipment Value IndexThe Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills' proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.

Contact Sandhillswww.sandhills.com/contact-us 402-479-2181

SOURCE Sandhills Global