13 minute read
RITCHIE BROS. LOOKS AT OIL, GAS SUPPORT EQUIPMENT SALES
Turner Announces Wages Increasing for Skilled Labor in Construction Industry
Turner Construction Company announced that the third quarter 2022 Turner Building Cost Index — which measures costs in the non-residential building construction market in the United States — had increased to the value of 1311. This represents a 2.18 percent quarterly increase from the second quarter 2022 and an 8.62 percent yearly increase from the third quarter 2021.
“We are experiencing a robust market with numerous mega-jobs. A shortage of skilled labor continues to lead contractors to be more selective in the projects they pursue. Wages are increasing to attract more labor into the industry and to incentivize skilled labor to travel to meet project needs,” said Attilio Rivetti, the Turner vice president responsible for compiling the Cost Index.
“Material lead times continue to impact pricing. A focused and strategic approach to procurement that engages contractors, designers, suppliers, manufacturers and clients reduces the risk of price escalation and produces the most competitive results for our clients.” Turner has prepared the construction cost forecast for more than 80 years. The building costs and price trends tracked by the Turner Building Cost Index may or may not reflect regional conditions in any given quarter. The Cost Index is determined by several factors considered on a nationwide basis, including labor rates and productivity, material prices and the competitive condition of the marketplace. This index does not necessarily conform to other published indices because others do not generally take all of these factors into account.
Market Trends Report... Ritchie Bros. Looks at Oil, Gas Support Equipment Sales
With its September Market Trends Report, Ritchie Bros. takes a deep dive into sales of oil and gas support equipment over the past 20 months (Jan. 2021 to Aug. 2022), including detailed charts breaking down volume, median asset age, and pricing for boom, vacuum, and bed trucks, as well as winch tractors, tanker trailers, frac tanks and more.
Unlike many of the other sectors the company operates in, volumes for oil and gas equipment sales have been steady in 2022. Pricing, however, is a different story, as the volumes sold per quarter fluctuate greatly and the variance in equipment specifications make it difficult to summarize pricing trends. For example, the volume of oil and gas assets sold in Q2 in Canada eclipses volumes of Q1 and Q3 combined, in most cases.
“We have decades of experience helping companies in oil and gas buy and sell equipment for their businesses and we want to continue to grow in this sector,” said Doug Olive, senior vice president (pricing), Ritchie Bros.
Individual Industry Indexes
While all indexes show increased pricing over the same time last year, month over month changes are declining since peak pricing earlier this year.
In the United States, Ritchie Bros.’ mix-adjusted price indexes for the three months ending Aug. 31, 2022, show truck tractor prices are currently leading the pack, up approximately 18 percent compared to the same time period last year, but down 11 percent compared to the three months ending December 2021. Meanwhile, large and medium earthmoving prices are currently up 9 percent and 8 percent respectively compared to the same time period last year, however that is down 1 percent and 2 percent compared the three months ending December 2021.
Vocational trucks are up 9 percent YOY (down 5 percent since Dec. 2021) and aerial equipment is up 7 percent (down 5 percent since Dec. 2021).
With regards to the retail market, Doug Rusch, managing director of Rouse Sales, said, “As we have seen in the auction space, retail is also dealing with supply issues. However, retail volumes in August were bit stronger than recent months — only down 5 percent year over year vs. declines of 20 to 25 percent in previous months. At the same time, demand continues to be strong, resulting in retail values increasing for the 22nd straight month — up a further 2.3 percent in August.”
SATURDAY, OCTOBER 29TH, AT 9:00 A.M.
3370 New Hope Rd., New Haven, KY
Selling the Estate of Mr. Charles "Charlie" Boone, Boone & Boone Farms Inc., owners, Charles Boone Trust & Nolen Boone Over 60 Year Collection of Equipment, Horse Drawn Equipment, Horse Drawn Equipment, Wagons & More!! Live Online Bidding at www.equipmentfacts.com Visit www.bunchbrothers.com for more information & more pictures!!!
CONSTRUCTION EQUIPMENT
• 2014 CAT 320EL Hydraulic Excavator, SN WBK03593, Hr. Meter reads 4057 • CAT D6RXL Series III Crawler Tractor, SN THX01741, EROPS, AC, Sweeps, Triple Shank Ripper, Sweeps, SU Blade w/Tilt, 24” Pads, New Undercarriage • CAT D6R Series II Crawler Tractor, SN AFM00185, EROPS, AC, SU Blade w/ Tilt, Sweeps, 24” Pads, Near New Undercarriage • 2001 CAT D6R Crawler Tractor, SN 3ZN00812, EROPS, AC, SU Blade w/Tilt, Sweeps, Rear Screen, 22” Pads • CAT 953C Crawler Loader, SN 2ZN02608, OROPS, GP Bucket w/Teeth, 2.2 Cu. Yd., 20” Pads • KOMATSU WA 180-3PT Wheel Loader, SN A85121, EROPS, AC, Quick Coupler, 2 Yd. Bucket • CASE 580 Super L 4x4 Loader Backhoe, SN JJG0268416, EROPS, AC, Case Controls, • CASE 580 Super K 4x4 Loader Backhoe, OROPS, Standard Dipper • HYSTER 50L Forklift, SN 177, OROPS, 2 Stage, 48” Forks • CAT 725C Articulating Haul Truck, SN TB1L02898, EROPS, AC, Tail Gate • CAT D250E Haul Truck, SN 5TN01411, EROPS, AC • CAT 613C Self-Elevating Motor Scraper, SN 8LJ02327, EROPS, AC, 11 Cu. Yd. • CAT 613B Self-Elevating Motor Scraper, SN 38W5360, OROPS • CAT 613B Self-Elevating Motor Scraper, SN 72M1674 • CAT 613 Motor Scraper, SN 71M3916, PARTS MACHINE • GALION T500L Motor Grader, EROPS • GALION T500 Motor Grader, PARTS MACHINE • DYNAPAC CA250D Vibratory Compactor, SN 65820368, OROPS, 84” Smooth Drum w/ Pad Foot Shell & Cleaner Bar • IR DD35 Compactor, SN 824195, Deutz Dsl., 40” Smooth Drum • WACKER Walk Behind Plate Compactor, Honda 160 Gas • Double Drum Sheep Foot Compactor, Tow Behind • 2020 NPK GH13 Hydraulic Hammer, MRN54474, 5000 lb., w/Chisel Bit • Root Rake, Buckets, Thumb, JERSEY Spreader, CASE Boring Machine Attachment, w/Rods, Collars & Bits, Headache Ball, etc. TRACTORS, FARM EQUIPMENT
• JD 7220 Wheel Tractor, SN 38097, 4x4, EROPS, AC, Front End Loader, Bucket, Hayfork, 3 Pt. Hitch • FORD TW15 Wheel Tractor, SN A920262, Dsl., EROPS, Power Shift, Dual Hydraulics, 540 PTO, Draw Bar, 4 Front Weights, Spin Out Wheels • JD 4010 Wheel Tractor, SN 2T-14028, Open Cab • JD 2240 Wheel Tractor, SN 316462, OROPS, Front Loader, Hydraulics, 540 PTO, Draw Bar, 3 Pt. Hitch • JD 420 Wheel Tractor, 26HP Gas, Wide Front, 540 PTO • JD 50 Wheel Tractor, SN 5013931, Gas, Tricycle, 540 PTO, Draw Bar, Restoration Project • 1939 JD L Wheel Tractor, SN 626058, Gas, Draw Bar • 1947 JD LA Wheel Tractor, SN 11029, Gas, Draw Bar • JD H Wheel Tractor, Tricycle, Gas • INT'L Super A Wheel Tractor, Gas, Wide Front, Hand Crank, Front & Rear Cultivators, Wheel Weights • MF 35 Wheel Tractor, Dsl., 540 PTO, 3 Pt. Hitch • KUHN FC302R Hay Mower, SN B0236 • KUHN SR110 Speed Rake Hay Tedder, 10 Wheel • KUHN GF 5001 THA Digi-Drive Hay Tedder, 540 PTO • NH 650 Hay Baler, 540 PTO • NH 616 Hay Cutter, SN 650854 • KUHN 6872 Hay Wagon, 20’ • KUHN 6872 Hay Wagon, 24’ • LAND PRIDE 15’ Bat Wing Mower, SN 659492 • JD 1018 Bush Hog, SN W01018E007093, 10’ • INT'L 475 Disc, Hydraulic Fold • JD 210 Disc, SN C23993, 10’, Hydraulic Wheels • INT'L 12’ Wheel Disc • JD 10’ Disc • FARMHAND Feedmaster Grinder Mixer, PTO • LITTLE GIANT Gravity Bed, 4 Wheel Wagon Type • UNITED FARM TOOLS 1263 Dry Fertilize Applicator, 6 Ton • INT'L 14’ Cultimulcher • JD 8’, 10 Shank Chisel Plow • JD 5 Bottom Breaking Plow, Semi-Mount • Box Blade, 3 Pt. Hitch • JD 48” Forks TRUCKS, TRAILERS
• 2004 FREIGHTLINER TT-CT Tandem Truck Tractor, Detroit Series 60 Dsl., 10 Spd. • 1994 VOLVO Tandem Truck Tractor, Eaton Road Ranger 9 Spd. • 1991 FORD L9000 Tandem Truck Tractor, Cummins Dsl., Eaton 10 Spd. • 1992 WHITE GMC Tandem Dump Truck, Detroit Series 60 Dsl., 12’ Bed • 1992 FORD L9000 Tandem Dump Truck, Eaton Road Ranger 9 Spd., 12’ Bed • 1981 INTERNATIONAL Dump Truck, Manual, 9’ Bed, Needs Repairs • 1979 INTERNATIONAL 2155 Dump Truck, Eliminator IH Dsl., Manual, 9’ Bed • 2015 CHEVROLET 2500HD Pickup Truck, Gas, 4x4, Crew Cab, 4 Door • 2005 CHEVROLET 2500HD Pickup Truck, 4x4, Regular Cab, Needs Motor • 2003 CHEVROLET Silverado 1500 Pickup Truck, 4x4, Extended Cab • 2000 CHEVROLET 2500LX Z71 Pickup Truck, 4x4, Automatic, Extended Cab • 1999 FORD F250XLT Pickup Truck, 7.3L V8 Power Stroke Dsl., Automatic, Crew Cab • 1983 VULCAN LB35-6618 Tandem Lowboy, 35 Ton, Stiff Neck, Hydraulic Ramps • PHELAN WT26 Tandem Lowboy, 25 Ton, 15’ x8’, Beaver Tail • TRAILMOBILE Poitosah Tandem Flat Trailer, 48’x92” • FRUEHAUF VF6-F2-40 Tandem Van Trailer, 40’x95”, Bifold Doors • TRAILMOBILE AIIAISAUB17549 Tandem Van Trailer, 40’x95”, Bifold Doors • OHIO Tandem Van Trailer • HOMEMADE 18’ Tandem Trailer, Metal Floor, Flip Ramps, Pintle Hook • UNK Tandem Trailer, 18’, Dove Tail & Rams, Pintle Hitch • HOMEMADE Tandem Tilt Trailer, Pintle Hitch • CIRCLE L 16’ Tandem Trailer, Wood Floor, Ball Hitch • HOMEMADE 15 1/2’ x80” Tandem Trailer, Pintle Hitch • HOMEMADE 12’x7’ Tandem Dump Trailer, Pintle Hitch • 24’ Tandem Gooseneck Cattle Trailer, Steel Wheel, No Title • 1997 FEATHERLITE 20’ Tandem Cattle Trailer • Gooseneck Tandem Cattle Trailer • 1991 Tanker Trailer, 6500 Gal. • 1975 THURER Tanker Trailer, 5000 Gal. • 1972 GALION Tandem Tanker Trailer, 5250 Gal., No Title • Tandem Trailer, w/500 Gal. Tank, Clevis Pin Hitch WAGONS
• SAYERS & SCOVILL CO. Hearse Builders, Cincinnati, OH Horse Drawn Hearse • STUDEBAKER Wood Wagon, Wood Wheels • Wooden 2 Wheel Horse Carriage/Pleasure Cart, 2 Seater, Wood Wheels • Wooden Buggy Wagon w/Brakes, Bed Hand Made by Charlie Boone • Wooden Wagon, Slat Bed, Wood Wheel, Bed Hand Made by Charlie Boone • Wooden Wagon, Rubber Tires, Metal Truck Rims • Wooden Wagon w/Sleigh Runners • Conestoga Wooden Wagon, w/Seat, Nail Kegs, Drop Down Tail Gate, 40” & 49” Wheels, 15’4”x39” • Wooden Dump Wagon, Seat, Tongue & Single Trees, 32” & 46” Wheels • Wooden Wagon, John Deere Emblems on Side, 2 Seats, Tongue & Single Trees • Wooden Wagon, Seat, Tongue & Single Trees, 14’x42”, 45” & 52” Wheels • Wooden Wagon, Seat, 12’, Wooden Wheels w/Rubber Tread • Wooden Wagon, w/Tongue, 11’7”x43”, 36” & 39” Wheels • Wooden Wagon, w/Tongue, 11’, Rubber Tires w/Wood Spokes • Wooden Wagon, w/Tongue, 10’7”x44”, 36” & 40” Wheels • Owensboro Wooden Wagon, w/Tongue, 10’6”x43”, 37” & 39” Wheels • Thornhill Wooden Wagon, Brinly Hardy Co. General Distributors, Louisville, KY. 10’5”x42”, 36” & 40” Wheels • General Store Wooden Wagon w/Seat & Tongue, 10’x42”, 32” & 36” Wheels • Owensboro Sold by W E Jenner & Son, Marengo, IN, Wooden Wagon, 10’x3’, Rubber Tires w/Wood Spokes • Wooden Wagon, 10’x41”, 42” & 54” Wheels • Wooden Wagon, 9’10” Approx. 45” & 54” Wheels • L. Landherr Wood Delivery Wagon w/Seat, Tongue, Side Walkboards, 8’x45”, 36 & 48” Wheels w/Leaf Springs, Wood/Metal Axles & More!!! HORSE DRAWN EQUIPMENT
• Manure Spreader, w/Tongue & Single Trees, Tin Seat, on Steel Wheels • OLIVER Grain Drill, 8 Hole w/Small Seed Box, on Steel Wheels • OLIVER Superior Grain Drill w/Tongue, 10 Holes, w/Small Seed Attachment, Steel Wheels • Drag Disc, Double Gang • INTERNATIONAL 2A82 Drag Disc, Double Gang • Riding Disc, Single Gang, No Seat • Riding Disc, w/Seat • Riding Disc, No Seat • (2) Riding Discs w/Tin Seats, Bearing Greasers • BURCH PLOW WORKS Drag Disc • AMERICAN SEEDING MACHINE Seed Drill, Small Seed Bay, Iron Wheels • VAN BRUNT X Seeder, Wooden Seed Box, Front Steel Wheel • Dirt Pan • JOHN DEERE Riding Planter, Double Buster, Planter Box w/Rear Press Wheels, on Steel • ADAMS LEANING WHEEL GRADER, Indianapolis, IN. Grader, Stand On, Steel Wheels • THE RUSSELL JUNIOR Grader, on Steel • B-J LEWIS Riding Grader, Tongue, Front & Rear Steel Wheels • B-J LEWIS Grader, Steel Wheels • Grader, Steel Wheels • JOHN DEERE Riding Cultivator w/Tongue & Seat • Riding Cultivator, Metal Tongue, No Seat, Steel Wheels • (2) Riding Cultivators • JOHN DEERE 212 Riding Plow, 1 Bottom w/Coulter, Tin Seat • Riding Plow w/Cast Iron Champion Seat • JOHN DEERE Slat Wing Riding Plow • Slat Wing Riding Plow w/Cast Iron Deering Seat • Riding Plow, 1 Bottom w/Coulter, Tin Seat • Riding Plow, 1 Bottom w/Coulter, on Steel • JOHN DEERE #127 Riding Plow, 2 Bottom, Tin Seat • DEERING Riding Plow, 1 Bottom, Steel Wheels, Tin Seat • OLIVER A409 Riding Plow, 1 Bottom w/Coulter, Slat Wing • OLIVER A409 Riding Plow, on Steel • OLIVER A409 Riding Plow • Riding Plow w/Tin Seat • OLIVER A321 Riding
Plow, w/Coulter, Tin Seat, Steel Wheels • JOHN DEERE Riding Plow, 2 Bottom w/Coulters, Tin Seat, Steel Wheels • OLIVER A321 Riding Plow, 1 Bottom w/Coulter, Tin Seat, Steel Wheels • OLIVER 18X Riding Plow, Tin Seat, Steel Wheels • INTERNATIONAL Riding Plow w/Champion Cast Iron Seat • #22A Pull Type Plow, Slat Wing • 2 Bottom Pull Type Plow • INTERNATIONAL 2 Bottom, Slat Wing, Pull Type Plow • INTERNATIONAL Pull Type Plow, 2 Bottom w/Coulters • 1 Bottom Riding Disc Plow • INTERNATIONAL 1 Disc Riding Plow, Tin Seat • CHATTANOOGA F315 Riding Disc Plow, Reversible, Tin Seat, Steel Wheels • WALTER A WOOD, Hoosick Falls, NY, USA Riding Sickle Mower, 4’ Blade w/Tongue & Access., Steel Wheels • JOHN DEERE #4 Sickle Mower, 5’ Blade, Deering Cast Iron Seat, Steel Wheels • INTERNATIONAL #9 Riding Sickle Mower, 5’ Blade, Tin Seat, Lid for Tool Box, Wood Moldboard, Steel Wheels • JOHN DEERE Big #4 Riding Sickle, 5’ Blade, No Seat • MCCORMICK Riding Sickle Mower, 55” Blade, No Seat, Steel Wheels • INTERNATIONAL #9 High Gear Riding Sickle Mower, Tongue, Tin Seat, 5’ Blade, Steel Wheels • DEERING Riding Sickle Mower w/Tongue, 4’ Blade, Steel Wheels • MCCORMICK Riding Sickle Mower, 4’ Blade, Tin Seat, Steel Wheels • MCCORMICK DEERING Riding Sickle Mower, 4’ Blade, Tin Seat, Steel Wheels • WOOD Riding Sickle Mower, 4’ Blade, Tin Seat, Steel Wheels • MCCORMICK Riding Sickle Mower, 4’ Blade, Tin Seat, w/MCCORMICK Tool Box Lid • DEERING Riding Sickle Mower, Tongue, 4’ Blade, Tin Seat, NEW IDEA Tool Box Lid, Steel Wheels • (2) MCCORMICK DEERING Riding Sickle Mowers, 4’ Blade, Tin Seat, Tool Box Lid • CHAMPION Riding Sickle Mower, 4’ Blade, Cast Iron Seat, Steel Wheels • Riding Sickle Mower, 4’ Blade, No Seat, Steel Wheels • MCCORMICK Riding Sickle Mower, 5’ Blade, Steel Wheels • OLIVER Riding Sickle Mower, No Seat, Steel Wheels • VICTOR MFD By M MOODY & SON CO., Potato Digger, Steel Wheels • Riding Potato Planter, Wooden Tongue • Riding Potato Digger • DAINS STEEL SAFETY Corn Cutter, Patented Dec. 15th, 1895, Steel Wheels • A T FERRELL & CO Seed Cleaner • BLUEGRASS Stalk Stripper • (2) STATIONARY Hay Baler • Stationary Hay Baler, Steel Wheels • Bull Rake • Bull Rake, Iron Wheels, Wood Spit • MASSEY HARRIS #8 Manure Spreader • NEW IDEA 10A Manure Spreader, Steel Wheels • Riding Stalk Chopper, Steel Wheels • SYRACUSE CHILLED PLOW CO #98 Subsoiler ALSO SELLING TOOLS, ANTIQUES, CAST IRON SEATS, & MORE!!! For More Information or To Consign Your Equipment Contact: Steven Bunch (270) 748-8080, or Joe Bunch (270) 356-3060 EACH PIECE POSITIVELY SELLS TO THE HIGHEST BIDDER!! NO BUYER’S PREMIUM!!!
