13 minute read
RITCHIE DIGS DEEP INTO PRICE STATS IN JULY MARKET TRENDS REPORT
With its July Market Trends Report, Ritchie Bros. digs into construction and aerial equipment sales through the first half of 2022.
In the United States, Ritchie Bros. mix-adjusted price indexes (for April to June) show prices for used large and medium earthmoving categories are up 15 percent and 20 percent year over year respectively, while aerial equipment is up 18 percent.
Price indexes in Canada show similar trends, with large and medium earthmoving equipment up 14 percent and 19 percent respectively, while aerial is up 10 percent.
Meanwhile, truck tractor prices in the United States and Canada continue to lead, with the highest year-over-year price inflation — up 39 percent in the United States and 31 percent in Canada.
As mentioned in the June report, while Ritchie Bros. indexes show pricing above last year’s level, across the board they are down by single digit percentages relative to earlier in 2022.
The free July report, which is available at rbassetsolutions.com/market-trends-report, provides detailed charts outlining U.S. and Canadian sales of excavators, dozers, wheel loaders, articulated dump trucks, motor graders, loader backhoes, multi-terrain loaders, skid steers, telehandlers, boom lifts, scissor lifts and forklifts throughout the first half of 2022.
The monthly report also includes data and insights from Rouse Services, who track hundreds of auction and retail companies. As of July 1, 2022, Rouse’s Retail and Auction Value Indexes are currently +30 percent and +32 percent in relation to pricing from January 2016.
“Used equipment sales volumes continue to run behind prior year levels across all sales channels,” said Doug Rusch, managing director of Rouse Sales. “Retail values for most categories of equipment continued to rise in June, albeit at a slower pace than we’ve seen in recent months. After rising 18 straight months, auction values have stabilized.
“In some cases — aerial, telehandlers and medium-sized earthmoving equipment — auction values decreased slightly last month in contrast to record highs experienced in recent months.”
For more information, visit RitchieBros.com.
33
Important Auctions
AUCTION CALENDAR
follow us on @LyonAuction! Go to WWW.LYONAUCTION.COM for START-STOP times on our TIMED & LIVE AUCTIONS
1. 2-PART, 2-DAY AUCTION. PART 1 TIMED: Closes- Wednesday, August 17, Opens- Wednesday, August 10: HOUSTON, TEXAS: Large Quantity of
Support Equipment, Generators, Water Pumps, Welders, Trench Boxes, Shoring,
Attachments and more. 2. PART 2 LIVE: Thursday, August 18: HOUSTON, TEXAS: Bankruptcy
Sale. Very Large 1 Owner Sale. Late Model Construction, Paving Equipment,
Agricultural Tractors & Implements, Truck Tractors, Dump Trailers, All Types of
Support Trucks. (The Best). $65,000.000 replacement cost). HIGHLIGHTS: (25)Late Model Cat IH SteigerPulling Tractors, (11)Late Model KTec 1233, (1)Cat
Vibratory Rollers, (3)Late Model Cat D7E, (10)Cat D6TLGP, (4)Cat D6NLGP, (4)Cat
D6KLGP, (2)Cat D5KLGP, (2)Cat 374F, (12)Cat 349FL, (4)Cat 336FL, Cat 336EL, (8)Cat 745C, (3) Cat 740B, (3)Cat 950M, Cat 966M, (5)Ca938, Large Quantity GPS, (3)Cat 140M, 2019 Wirtgen Reclaimer, Approx. (50)Trucks & Trailers, Road
Tractors, Service, Water, Flatbed Trucks, Pickups Detachable, Gooseneck &
Livestock Trailers. 3. LIVE: Saturday, August 27: HUDSON, NEW HAMPSHIRE: Retirement
Auction. Property Is Sold. Very Large Moving & Rigging Company. One of the Most
Interesting Auctions of the Year. HIGHLIGHTS: Range from 1930's Collectible New
England Trucks Completely Restored, Large Quantity Rigging Equipment, Large
Quantity Truck Tractors, Moving Trailers, Storage Containers, Many Forklifts, Skid
Steers, Moving Boxes and Everything You Can Imagine in this type of Operation. The
Best of the Best to be Found Here. 4. ONLINE AUCTION: Wednesday, August 31: QUERETARO, MEXICO:
Late Model Cat, Case, John Deere, Volvo Construction Equipment, Aerial Lifts,
Forklifts, Trucks and Trailers, Large Quantity Attachments & Support Equipment. 5. LIVE: Saturday, September 10: LAS VEGAS, NEVADA: Late Model Boom
Lifts, (100)Scissor Lifts, Telescopic Forklifts, Construction Equipment Trucks
Trailers, Support and Attachments. 6. LIVE: Friday, September 16: NEW MARTINSVILLE, WEST VIRGINIA:
Phase One of Large Job Completion. Late Model Articulated Trucks, Construction
Equipment, Utility Equipment, Truck Tractors, Dump Trucks, Attachments and
Support. EARLY HIGHLIGHTS: (2)Cat 962M, Cat 950M, (2)Cat 950GC, Cat 926M, (3)Cat 326FLLR, (2)Cat 420F2IT. 7. LIVE: Saturday, September 17: NEWARK, NEW JERSEY: Snow
Equipment & Snow Trucks, Attachments, Snow Plows, Very Large Quantity of
Support Equipment. 8. LIVE: Thursday, September 22: BUSHNELL, FLORIDA: Late & Great
Cat, Komatsu, John Deere & Doosan Construction Equipment, Aerial Lifts, All Types of Trucks Trailers, Support and Attachments. 9. LIVE: Saturday, September 24: ATLANTIC CITY, NEW JERSEY: Late
Model Rental Fleet Construction, Utility Equipment, Aerial Lifts, Forklifts, Trucks,
Trailers, Large Quantity Support Equipment and Buckets. 10. TIMED: Closes- Thursday, September 29, Opens- Friday,
September 16: NEW ENTERPRISE, PENNSYLVANIA: Approximately 20
Locations. Quarry, Aggregate Equipment, Construction Equipment, Rubber Tired
Loaders, Hydraulic Excavators, Rollers, Welders, Air Compressors, Skid Steers,
Straight Frame & Articulated Haul Trucks, Truck Tractors, Dump Trucks, Support
Trucks, All Types of Trailers, Support & Attachments. 11. LIVE: Friday, September 30: TROY (Charlottesville), VIRGINIA: Very
Large Complete Liquidation. Late Model Cat & Mack, Kenworth Equipment and
Trucks. 2020-2018 Hydraulic Excavators, Crawler Tractors, 2020 Truck Tractors, 2019 Dump Trucks. 12. LIVE: Friday, October 7: ATKINSON, NEW HAMPSHIRE: Large
Quantity Late Model Trucks: Pickups, Service, Bucket & Derrick, Construction
Equipment, Aerials and Forklifts. 13. LIVE: Saturday, October 8: PLYMOUTH, MASSACHUSETTS: Large
Snow & Construction Equipment, Aerial Lifts, All Types of Trucks & Trailers, Snow
Attachments & Accessories. Late Model Cat, Hyundai Rubber Tired Loaders. 14. LIVE: Saturday, October 15: CINCINNATI, OHIO: 2 Auctions in One Day.
Complete Liquidation. Earthmoving Division and Job Completion of Major Utility
Construction Company. HIGHLIGHTS: Cat 615C, (2)Cat 621B, Cat D7, Cat D6,
Cat 953, (2)Komatsu D37P-8, Superior Broom, Several Dump Trucks, Several Fire
Trucks, Several Tagalongs, Komatsu PC200LC-6, Komatsu PC130LC-8, (2)JD 35G, 2018 Cat 930M, 2014 JD 700K/sideboom, JD 6506LGP, Ditch Witch 4020AT,
Ditch Witch 30 Boring Units. 15. LIVE: Thursday, October 20: PITTSBURGH (Acme), PENNSYLVANIA: Late Model Cat, John Deere, Komatsu, Volvo Construction Equipment, Aerial Lifts, Telescopics, Truck Tractors, Dump Trucks, Pickups, All Types of Trailers, Attachments & Support. 16. LIVE: Thursday, October 27: VICTORIA, TEXAS: Major Job Completion. HIGHLIGHTS: 2018 Volvo A5G, (2)2015 Cat 725, Cat 16G, (Cat D6TLGP, (3)Cat D6RLGP, (2)Cat 330DLC(long reach), Steiger HD385, (6)Case IH 9380-9370, (2)Case IH 9370- 9350 Quad Trac Pulling Tractors, (6)17ft. & 14ft. Yard Pans, (2)Ford F750 Water Trailers, 2019 Ford F550 Service Truck, (2)Telescopic Forklifts, Manitowac 4500, Linkbelt 418, Grove 8050, Pile Driving Equipment. 17. LIVE: Friday, November 4: NEWPORT, VERMONT: 1 Owner Auction. Large Construction, Logging, Recycling, Truck Tractor, Dump Truck, All Types of Trailers. 18. LIVE: Friday, November 11: AKRON, OHIO: Major Job Completion. Aggregate Division. Late Model Crushers, Screening Plants, Radial Stackers, Conveyors, Construction Equipment, Dump Trucks, Truck Tractors, Various Types of Support and Attachments. 19. LIVE: Saturday, November 12: BUFFALO, NEW YORK: Late Model Construction & Agricultural Equipment, Attachments, Support, Trucks, Trailers. 20. TIMED: Closes- Saturday, November 26, Opens- Saturday, November 19: BRIDGEPORT (Syracuse), NEW YORK: Late Model Medium-Compact Construction Equipment, Forklifts, Aerial Lifts, Skid Steers, Attachments, Snow Plows, New & Used Support, Trucks(Van), Refrigerator Trucks, Van Trailers, Pickups. 21. LIVE: Thursday, December 8: FORT WORTH, TEXAS: Late Model Cat, Komatsu, John Deere Rental Fleet Construction Equipment, Attachments, Support, Trucks, Trailers. 22. LIVE: Saturday, December 10: LAS VEGAS, NEVADA: Late Model Boom Lifts, Aerial Lifts, Scissor Lifts, Forklifts, Construction Equipment Trucks Trailers, Support and Attachments. 23. LIVE: Thursday, December 29: ALBANY, NEW YORK: Late Model Earthmoving Equipment, Cat, Komatsu, John Deere, Volvo, Multiple Trucks, Trailers, Aerial Lifts, Forklifts, Attachments and Support. NEW DATES TO BE ANNOUNCED 24. TORONTO, CANADA: Late Model Rentals of Agricultural Equipment, Construction Equipment, Attachments, Tools, Support, Various Trucks and Trailers. 25. RACINE, WISCONSIN: Job Completion Auction of Late Model Construction, Aggregate, Utility Equipment, Truck Tractors, Dump Trucks, Service & Pickup Trucks, Trailers, Attachments and Support. 26. MANCHESTER, NEW HAMPSHIRE: 2nd Annual Classic Car, Classic Truck, Classic Construction Equipment Auction. Something Really Neat. 27. MID-NEW ENGLAND: Retirement Auction. Construction Equipment, Utility Equipment, Forklifts, Crawler Tractors, Tractor Loaders, Backhoes, Support and Attachments. 28. PITTSBURGH, PENNSYLVANIA: Late Model Cat, John Deere, Komatsu, Volvo Construction Equipment, Aerial Lifts, Telescopics, Truck Tractors, Dump Trucks, Pickups, All Types of Trailers, Attachments & Support. 29. BUTLER, PENNSYLVANIA: Complete Liquidation. Real Estate is Sold. Construction Equipment, Vehicles, Very Large Quantity Shop Equipment, Parts and Attachments. 30. MANCHESTER, NEW HAMPSHIRE: 2 Sales in 1 Day. Rental Returns & Job Completion. Utility Equipment, Aerials, Forklifts, Air Compressors, Welders, Light Plants, All types of Trucks to include Truck Tractors, Dump Trucks, Pickup & Utility Trucks, Trailers, Attachments and Support. 31. MONTREAL, CANADA: Large Job Completion Auction. Construction, Utility Equipment, Trucks, Trailers, Support & Attachments. 32. CHICAGO, ILLINOIS: Construction Equipment, Aerial Lifts, Forklifts, Truck Tractors, Dump Trucks, Pickups, All Types of Trailers (Equipment & Van), Attachments and Support. 33. ATTLEBORO, MASSACHUSETTS: Large Quantity Late Model Trucks: Pickups, Service, Bucket & Derrick, Construction Equipment, Aerials and Forklifts.
ONSITE & WEBCAST AUCTION
Major Septic & Sewer Company • Raggs, Inc. To Be Held On The Premises of: 865 Bedford Street • Bridgewater, MA 02324 Sale Date: Tuesday, August 23rd • Starting at 11:00 AM
***FEATURING***
Mack Tandem Axle Dump Truck, Mack Tanker Trucks, Freightliner FLD-120 Tandem Axle Tractor, GMC Box Truck - Ford F150, Fruehauf Aluminum Tanker Trailer, Hitachi EX120-3 Hydraulic Excavator, Caterpillar 320CL Hydraulic Excavator, Mustang MTL20 Skid Steer Loader, John Deere 450G Crawler Dozer, JCB 214 Series 3 Loader Backhoe, Towable Jetter - Portable Pump System, & Tons of Construction Equipment
Inspection: Tuesday, August 23rd, From 9 AM – 11 AM Removal: By Appointment Only Immediately Following The Sale & Wednesday, August 24th - Friday, August 26th
TURN YOUR SURPLUS INVENTORY INTO CA$H
Joseph Finn Co., Inc. is looking for quality equipment or upcoming online auction sales. Call Today and Talk to Paul or Ross at 617.964.1886 • Paul@JosephFinn.com or Ross@JosephFinn.com
Joseph Finn Co., Inc 188 Needham Street • Newton, MA 02464 (617) 964-1886
www.AuctionsInternational.com 1.800.536.1401
Y ONLINE LIQUIDATION MARKETPLACEOUR
Heavy Equipment
Road Maintenance
Utility Equipment
Much More...
BIG or we sell it ALL! SMALL
Virtual equipment showroom.
Hassle free process.
Accredited auctioneers.
Hundreds of assets.
Check us out today!
New research shows that witnessing traumatic events — like domestic violence, shootings, or even fi ghting — can impact the physical development of a child’s brain. Learn how your everyday gestures can help reverse the effects.
ChangingMindsNOW.org
Schlouch ‘Equipment Triangle’ Leads to Big Iron From Foley Inc.
SCHLOUCH from page 46 Filling In Mine Pits Is Delicate Process
A total of 345 acres of the Hazleton Creek site is to be graded level over the next five years, according to Kelchner, with everything to be re-used, as well as trucking in more fill.
To reach its grade, Schlouch must fill dirt in the holes to come up about 20 ft., while on other parts of the fill it will need to go down not much more than about 20 ft., according to Kelchner. He said the deepest part of the fill is as much as 45 ft.
Dynamic Compacting an Effective,
If Not Very Subtle, Method
Perhaps the most interesting process being used at the Hazleton work site is dynamic compaction, a method that increases the density of the soil deposits. By repeatedly dropping a heavy flat plate, attached to the end of a crane, another contractor on site does so to firmly compress the ground.
“They do that prior to [Schlouch] filling in the 20 feet,” Bainbridge said. “We already leveled that off the ground so the crane can move about and just keep dropping the weight. Once he is done, we are allowed to then fill on top of the compacted earth. That happens before putting the base fill in if you are going up.”
“It is a unique process just because all this land up here was used for so long as strip mines. The thing is you don’t know, during [earlier] reclamation projects just exactly how they were reclaimed,” Kelchner said. “From what we have been told, when the crane operator drops that weight at this site, it could compress that surface anywhere from two to 10 feet, depending on what materials are underground. It is always possible that we might have to go back in there to do some more fill.”
Water Improvements Also Planned
Another challenge for Schlouch, as Bainbridge sees it, will be the installation of large, 96-in. reinforced concrete pipes (RCP) on the project.
“That will go right along the top of the Building 3 site,” he said. “Just understanding the size of this pipe, how we are going to handle it and where it will go will be challenging.”
In addition, four retention ponds also will be constructed, three of which will come into play in the next two months, according to Bainbridge. One, near Schlouch’s staging area, is about the size of three football fields, and another is to be built by the contractor in a deep ravine near the project’s entrance.
He noted that the pond excavations can be done before the overall project is fully at grade, “because the first one is a cut and the second is a fill. There also is a pond to build in Phase 2.”
The active rail line on the property, a key selling point in leasing space to future business within Hazleton Creek, runs across the only roadway that Schlouch’s crews are allowed to cross the tracks to get to that side of the job.
“Because the grade there is about 15 feet below the tracks, there are already a couple of walls in place,” Kelchner said, noting that many more retaining walls will need to be built project wide. “To get the maximum footprint of the property that the owners want, there was no room to slope the hill all the way down without taking out parking, so we put in those retaining walls.” Schlouch Purchases Cat 395 After Much Analysis
Reimert said that Schlouch’s method of deciding which construction equipment to buy or sell is a practice that many contractors do not employ, but he feels it is important in making a major capital investment.
“When you buy a machine of that size and magnitude, you really want to take the time to do it right and we did that,” he said. “Every piece of the Triangle did its part. We wanted the latest and greatest in technology, we wanted to be safe about it and we had very specific production targets.”
King felt confident that the executive team received solid intelligence on the Cat 395 that accurately reflected the cost of the machine.
“The other thing that Jeff [Merle] and Marty [Lindmeier of Foley] worked on was the structure of the deal,” King said. “The way it was structured really helped us with the investment and we effectively redeployed the capital because we sold two Cat 627 scrapers and used that on the 395 excavator and some other assets.”
President and Founder of Schlouch Incorporated Barry Schlouch summed up not only the significance of this project for his company, but also the importance of acquiring the Cat 395 excavator.
“We’re humbled to earn the award of this project and we know that in order to attract, develop and retain the best employees in the industry, we must provide them with the best equipment, technology and tools to deliver great work,” he said. “The addition of the Cat 395 excavator does just that.”
For more information, visit www.schlouch.com and www.foleyinc.com.
