Technology

Used Construction Equipment Rentals Remain Strong as Sales Cool

Published

2 months ago

June 3, 2026

LINCOLN, Neb., June 3, 2026 /PRNewswire/ — Used construction equipment inventory levels continued to decline in May, led by crawler excavators and wheel loaders, according to the latest Sandhills Global market reports. The reports cover used heavy machinery, farm equipment, trucks, and trailers on MachineryTrader.com and several other Sandhills platforms worldwide.

“Rental utilization remains strong,” says RentalYard Sales Manager Matt Sterup, “but rising prices, especially fuel costs, are limiting customer’s ability to buy construction equipment. In lift equipment categories, it’s also becoming more difficult to find quality used equipment.”

Used heavy-duty trucks also experienced inventory level decreases in May, continuing a months-long downward trend. “Rising fuel costs have reduced some of the momentum gained in the truck market, but sentiment is still positive,” says Truck Paper Manager Scott Lubischer. “Freight rates are increasing and inventory is leaving the market at a pace similar to that of 2022 without being replaced. Newer trucks are starting to move, and buyers will be watching closely for lower-mileage trucks. Despite rising prices, dealers anticipate they won’t rise to 2022 levels.”

The key metric 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 and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.

Market Report Details
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semi-trailer, 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 Construction Equipment

Inventory levels in this market posted a marginal decrease of 0.16% month over month and fell 11.55% year over year in May and are trending down. Used crawler excavators had the largest M/M inventory change, down 1.41%, while used wheel loaders posted the largest Y/Y inventory change with a 13.32% decrease.Asking values posted dipped 0.89% M/M and 3.02% Y/Y and are trending down. Used crawler excavators had the largest M/M asking value change, down 1.75%, while used wheel loaders had the largest Y/Y asking value change, down 4.14%.Auction values decreased 1.53% M/M and 1.87% Y/Y and are trending sideways. Used wheel loaders had the largest M/M auction value change, down 2.41%, while used crawler excavators posted the largest Y/Y auction value change with a 3.44% decrease.

U.S. Used Medium-Duty Construction Equipment

Inventory levels of used medium-duty construction equipment posted a slight increase of 0.39% M/M but fell 15.65% Y/Y in May and have been trending down for seven consecutive months. Used wheeled skid steers had the largest M/M inventory change, up 2.93%, while used loader backhoes posted the largest Y/Y inventory change with a 26.5% decrease.Asking values decreased 0.86% M/M and 0.63% Y/Y and are trending sideways. Used track skid steers had the largest asking value changes, down 1.17% M/M and 1.64% Y/Y.Auction values posted marginal decreases of 0.86% M/M and 0.14% Y/Y and are trending sideways. Used track skid steers had the largest M/M auction value change, down 1.4%, while used wheeled skid steers posted the largest Y/Y auction value change with a 3.05% increase.

U.S. Used Aerial Lifts

Inventory levels in this market decreased 2.92% M/M and 2.99% Y/Y in May and are trending down. Used slab scissor lifts had the largest M/M inventory change, down 3.78%, while used articulating boom lifts posted the largest Y/Y inventory change with an 11.67% increase.Asking values decreased 1.26% M/M and 1.21% Y/Y and are trending sideways. Used telescopic boom lifts had the largest asking value changes, down 3.61% M/M and 4.08% Y/Y.Auction values decreased 1.73% M/M and 3.98% Y/Y and are trending down. Used telescopic boom lifts had the largest auction value changes, down 4.42% M/M and 5.67% Y/Y.

U.S. Used Forklifts

Inventory levels in this market jumped 5.63% M/M and 17.28% Y/Y in May and are trending up. Used cushion-tire forklifts had the largest inventory changes, up 6.57% M/M and 25.75% Y/Y.Asking values posted a marginal increase of 0.06% M/M but decreased 3.23% Y/Y and are trending down. Used cushion-tire forklifts had the largest asking value changes, up 0.77% M/M and down 7.56% Y/Y.Auction values decreased 1.06% M/M and 3.49% Y/Y and are trending down. Used cushion-tire forklifts had the largest auction value changes, down 1.97% M/M and 8.57% Y/Y.

U.S. Used Telehandlers

Inventory levels of U.S. used telehandlers increased 3.02% M/M and 5.3% Y/Y in May and are trending sideways.Asking values increased 2.01% M/M but slipped 1.78% Y/Y and are trending sideways.Auction values increased 1.05% M/M but decreased 1.58% Y/Y and are trending up.

U.S. Used Heavy-Duty Trucks

Inventory levels in this market fell 1.5% M/M and 23.14% Y/Y in May and have been trending down for six months. Used sleeper trucks had the largest M/M inventory change, down 3.3%, while used day cab trucks posted the largest Y/Y inventory change with a 25.31% decrease.Asking values increased 1.63% M/M but decreased 1.29% Y/Y and are trending sideways. Used sleeper trucks led in M/M asking value changes with a 2.94% increase, while used day cab trucks had the largest Y/Y asking value change with a 4.09% decrease.Auction values increased 3.07% M/M and 2.34% Y/Y and are trending up. Used sleeper trucks took the lead in auction value changes, growing 4.62% M/M and 3.91% Y/Y.

U.S. Used Semi-Trailers

Inventory levels of used semi-trailers posted a modest increase of 0.28% M/M but fell 26.9% Y/Y in May, continuing a 10-month-long downward trend. Used dry van trailers had the largest M/M inventory change, up 2.51%, while used reefer trailers posted the largest Y/Y inventory change with a 31.49% decrease.Asking values posted a marginal decrease of 0.28% M/M but rose 2.61% Y/Y and are trending up. Used reefer trailers had the largest asking value changes, down 1.17% M/M and up 7.23% Y/Y.Auction values inched downward by 0.6% M/M but jumped 6.35% Y/Y and are trending up. Used dry van trailers had the largest M/M auction value change, down 3.68%, while used reefer trailers posted the largest Y/Y auction value change with a 19.53% increase.

U.S. Used Medium-Duty Trucks

Inventory levels of used medium-duty trucks decreased 0.93% M/M and 37.52% Y/Y in May. Inventory levels in this market have been trending down for nine consecutive months.Asking values dropped 1.81% M/M and 6.05% Y/Y and are trending down.Auction values were down 2.39% M/M and 3.76% Y/Y and are trending down.

U.S. Used Tractors 100 Horsepower and Greater

Inventory levels in the used high-horsepower tractor market decreased 0.81% M/M and 16.23% Y/Y in May and have been trending down for 12 months. Used 100-to-174-HP tractors had the largest inventory changes, down 1.38% M/M and 21.99% Y/Y.Asking values posted modest decreases of 0.51% M/M and 1.75% Y/Y and are trending down. Used 175-to-299-HP tractors had the largest M/M asking value change, down 1.36%, while used tractors 300 HP and greater posted the largest Y/Y asking value change with a 1.85% decrease.Auction values were down 0.9% M/M but increased 2.36% Y/Y and are trending sideways. Used 175-to-299-HP tractors posted the largest auction value changes, down 1.38% M/M and up 3.21% Y/Y.The EVI spread, which measures the percentage difference between asking and auction values, increased from 31% in April to 32% in May. This is lower than the peak values observed in 2015.

U.S. Used Combines

Used combine inventory levels posted a modest increase of 0.6% M/M but fell 10.09% Y/Y in May and are trending down.Asking values decreased 2.61% M/M and 1.22% Y/Y and are trending sideways.Auction values decreased 1.52% M/M, increased 0.76% Y/Y, and are trending sideways.The EVI spread was 38%, down from 40% in April and lower than the peak values observed in 2015.

U.S. Used Sprayers

Inventory levels of used sprayers inched lower by 0.8% M/M in May, fell 19.18% Y/Y, and continued a 6-month-long downward trend.Asking values decreased 2.84% M/M and 2.59% Y/Y and are trending down.Auction values dropped 5.94% M/M and decreased 2.9% Y/Y and are trending down.The EVI spread jumped four percentage points in May, to 40%, which is still lower than the peak values observed in 2015.

U.S. Used Planters

Used planter inventory levels dropped 5.33% M/M and fell 26.36% Y/Y in May and are trending down, continuing a 7-month-long pattern.Asking values posted a marginal decrease of 0.15% M/M but increased 2.57% Y/Y and are trending sideways.Auction values decreased 3.26% M/M but jumped 5.01% Y/Y and are trending sideways.The EVI spread increased from 49% in April to 53% in May, still lower than the peak values observed in 2015.

U.S. Used Compact and Utility Tractors

Inventory levels in this market fell 2.91% M/M and 28.25% Y/Y in May and have been trending down for seven months. Used tractors with less than 40 HP had the largest inventory changes, down 5.87% M/M and 33.26% Y/Y.Asking values remained almost flat with a 0.02% M/M increase and rose 1.63% Y/Y. Asking values have been trending up for five consecutive months. Used 40-to-99-HP tractors had the largest asking value changes, up 0.04% M/M and 1.76% Y/Y.Auction values posted a marginal decrease of 0.16% M/M but increased 2.76% Y/Y and are trending up. Used tractors with less than 40 HP had the largest auction value changes, posting gains of 0.61% M/M and 2.81% Y/Y.

U.S. Used Self-Propelled Forage Harvesters

Inventory levels in this market decreased 0.87% M/M and 4.47% Y/Y and are trending sideways.Asking values increased 2.03% M/M and 0.61% Y/Y and are trending up.Auction values increased 3.8% M/M and 5.6% Y/Y and are trending up, continuing a pattern of monthly increases over the past several months.

Obtain the Full Reports
For more information or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.

About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information through 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 Index
The 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 platforms, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by Value Insight Portal (VIP+), Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.

Contact Sandhills
www.sandhills.com/contact-us
402-479-2181

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Technology

Osome Eyes the Next Wave of AI Companies Choosing Singapore

Published

2 hours ago

July 26, 2026

SINGAPORE, HONG KONG and LONDON, July 27, 2026 /PRNewswire/ — Osome, the AI company management platform trusted by more than 50,000 tech founders and solopreneurs globally, is strengthening its support for the next wave of AI companies choosing Singapore as their regional base.

Singapore’s appeal continues to grow as leading AI companies establish a stronger presence. OpenAI has committed S$300 million (US$234 million) to the country’s AI ecosystem, while Cognition has established its APAC headquarters there. Anthropic and Tencent are also increasing their presence in Singapore.

Budget 2026 reinforces this momentum with a National AI Impact Programme, a new Kampong AI hub at one-north, and a 400% tax deduction on qualifying AI investments. Foreign companies can access these incentives by incorporating a Private Limited Company, which allows 100% foreign ownership and startup tax rates as low as 10% under the Startup Tax Exemption.

As more AI-native startups choose Singapore to build lean, global businesses, Osome helps founders navigate the process. Operating across Singapore, Hong Kong, the UK, and the UAE, it enables founders to incorporate a company as fast as 7 days while managing back-office operations, including accounting, bookkeeping, and compliance.

Building on that support, Osome recently launched its Model Context Protocol (MCP) server, turning founders’ preferred AI assistants into a business command center. Through Claude, ChatGPT, and Gemini, founders can securely retrieve transactions, shareholder records, financial reports, and other company data from a single AI interface.

AI-native & tech founders are already building with Osome. UpNComer‘s founder, Karan Dasgupta, incorporated his Singapore company within days of switching to Osome, saving “easily 20 hours” every month. Dubai-based Aesty and Hong Kong’s Angelflow have reported similar gains, cutting bookkeeping from around a week of work to just two hours a month.

Eugenio Ferrante, CEO of Osome, said: “A few years ago, building a global company required a 500-person team and a massive regional office. Today, a three-person AI startup can operate globally from Singapore with a laptop. The biggest threat isn’t competition, but administrative drag. With our new MCP server, you can manage your company’s finance and compliance via your AI assistant, leaving you free to focus on building and serving customers.”

About Osome

Osome is an AI company-management platform combining human expertise with automation for incorporation, accounting and tax compliance. Since 2017, it has served 50,000+ startups in Singapore, Hong Kong, the UK and the UAE. Learn more at osome.com.

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Technology

After Arrest Controversy, “Empire State Building Couple” Angela Nikolau and Ivan Beerkus to Address Recent Incident on Gosh Live

Published

4 hours ago

July 26, 2026

The couple said on social media that they will soon go live on Gosh Live to talk about life after the Empire State Building incident and the questions they want to answer directly.

Safety note: Gosh does not encourage or endorse dangerous, illegal or unauthorised activities. The livestream is intended solely as an entertainment and community interaction session.

NEW YORK, July 27, 2026 /PRNewswire/ — Angela Nikolau and Ivan Beerkus, the creator couple known for rooftopping and high-altitude visual content, first gained attention through their daring shoots on skyscrapers, city landmarks and extreme urban locations around the world. Their content brings together adventure, striking visuals and their relationship story in the same frame. Their journey was later featured in the Netflix documentary Skywalkers: A Love Story, introducing them to an even wider audience.

Recently, Angela and Ivan became the focus of media and social media discussion following the Empire State Building incident in New York. According to public reports, the couple were taken into police custody after climbing the Empire State Building and allegedly completing a proposal, and now face related charges. Since then, fans have been following updates on their situation, the legal aftermath and whether the couple would respond publicly.

Following the controversy, Angela and Ivan have chosen to face fans directly through a livestream, where they are expected to talk about the Empire State Building incident, what they have been going through, and the questions they have wanted to address themselves.

According to the preview shared on their social media accounts, the livestream will take place on Gosh Live. Compared with a formal interview, the stream is expected to be a more relaxed online social and entertainment setting, where fans can watch, chat and hear directly from the couple.

During the livestream, Angela and Ivan are expected to discuss life after the Empire State Building incident. They may also talk about their relationship, future plans and whether they will continue creating rooftopping-related content.

The livestream is scheduled to begin on July 26, 2026, at 9:00 p.m. UTC and will be available on the official Gosh Live page.

For fans who have been following Angela and Ivan, the livestream could be a rare opportunity to hear the couple speak directly about their situation after the controversy.

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SOURCE Gosh Live

Technology

Think Bold, Ride Bold: Insta360 Takes Over the Champs-Élysées with 200-Rider Community Event

Published

6 hours ago

July 26, 2026

LOS ANGELES, July 26, 2026 /PRNewswire/ — Insta360 announced “Vibrez en Jaune” Pop-Up, a three-day cycling and creator event held in Paris from July 24 to July 26, 2026. Designed to coincide with the electric atmosphere of the Tour de France finale, the event culminated in a 200-rider takeover of the Parisian streets, bringing the spirit of professional cycling to everyday enthusiasts and urban explorers.

Built around the theme ‘Think Bold, Ride Bold,’ “Vibrez en Jaune” Pop-Up featured immersive pop-up experiences, hands-on creator workshops, and a sprawling group ride traversing the iconic 90km classic route from Versailles to the Champs-Élysées. The festival served as a celebration of cycling not just as a competitive sport, but as a vehicle for exploration, storytelling, and community connection.

A Festival of Content and Culture

The event kicked off on July 24 with a two-day hub of activity in the heart of Paris. Moving away from traditional retail experiences, Insta360 hosted a series of “Cycle & Create” workshops designed to lower the barrier to content creation.

Attendees gained access to on-site trial devices, allowing them to test out Insta360’s unique product ecosystem firsthand. Insta360 product experts were on hand to teach advanced cycling photography and videography techniques, ensuring riders knew exactly how to capture dynamic, hands-free POV footage of their urban commutes and weekend group rides.

The pop-up also served as a central gathering space for the community. Registered riders connected over coffee, collected their limited-edition Insta360 yellow cycling jerseys, and prepared for the weekend’s main event.

The Hero Moment: Taking Over the Streets of Paris

On Sunday, July 26, over 200 riders embarked on the “Vibrez en Jaune” Pop-Up main event. Organized in partnership with the Peloton Cycling Club, the group rode a 90km route inspired by the Tour de France Paris finale.

Beginning in Versailles, the group rode through the Paris city center before arriving at the Champs-Élysées. To ensure safety and an optimal experience, riders were organized into small, supervised packs of 20 to 25 across four distinct difficulty tiers—Spicy, Medium-Plus, Medium, and Mild—making the professional route accessible to a wide range of skill levels.

Select riders were equipped with Insta360 cameras to record immersive, first-person footage of the group as they navigated the historic streets, creating a collaborative, community-driven documentary of the ride.

Celebrating the Finish Line

The ride concluded at the Insta360 pop-up space for a vibrant after-party. As the actual Tour de France final stage was broadcast live on a giant screen, participants were treated to a professional DJ, refreshments, and finger food.

To reward the community, Insta360 hosted a drawing featuring premium cycling accessory bundles and high-value grand prizes, including the Insta360 GO Ultra Tadej Pogačar Edition and an exclusive jersey signed by the cycling champion himself.

Redefining Urban Exploration

Beyond the celebration of the sport, “Vibrez en Jaune” Pop-Up highlights the brand’s ongoing commitment to sustainable urban lifestyles. By encouraging people to rediscover their cities by bike, Insta360 aims to promote cycling as an accessible, low-carbon choice that allows individuals to experience urban life in a more mindful, connected way.

About Insta360

With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360 cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

For more details visit: http://www.insta360.com

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SOURCE Insta360