LINCOLN, Neb., June 10, 2020 /PRNewswire/ -- New data from Sandhills Global indicate that aging tractor inventory in the Canadian used equipment market is trending upward in value, creating opportunities for increasing revenues. Sandhills, the technology company behind MarketBook.ca, TractorHouse.com, MachineryTrader.com, TruckPaper.com, AuctionTime.com, and other industry-leading websites, monitors and analyzes market data worldwide across the agriculture, construction, and commercial trucking industries.
"Specifically, we are seeing a trend in Canada where inventory levels of late-model tractors are trending down," says Chuck Lewis, Sandhills' Director of EMEA, "whereas inventory levels of seven- to 10-year-old tractors are trending up." This is noteworthy in part because it differs from current trends in the United States equipment market.
This is a small sample of the information available from Sandhills' industry market reports, which include detailed breakdowns by inventory age, specification, and usage groups.
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.
SOURCE Sandhills Global