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Used Construction Equipment Rentals Remain Strong as Sales Cool

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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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Huawei Unveils Xinghe AI CloudCampus SaaS Service Platform in South Africa to Build a Solid Foundation for the Digital Economy

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JOHANNESBURG, July 27, 2026 /PRNewswire/ — At the Huawei Network Summit 2026 (HNS 2026) in Johannesburg, Huawei unveiled its all-new Xinghe AI CloudCampus SaaS Service Platform for South Africa. Through this platform, South Africa—the economic engine and digital hub of the African continent—will significantly lower the barrier to AI adoption, helping local enterprises bridge the digital divide and driving forward regional intelligent transformation.

Four Key Platform Capabilities Driving Cloud-Managed Network Upgrades for South African Government Agencies and Enterprises

The newly launched Xinghe AI CloudCampus SaaS Service Platform focuses on four core capabilities: flexibility, agility, intelligence, and scalability. Together, these capabilities deliver a centralized, secure, and reliable cloud-managed network infrastructure for South African government agencies and enterprises.

Key highlights of this platform include:

Flexible business models: The platform offers a pure SaaS subscription model, enabling customers to use it with zero CAPEX and pay-as-you-grow flexibility, dramatically lowering upfront investment. Backed by Huawei’s local service team, the platform guarantees data privacy and regulatory compliance while supporting automated periodic updates, ensuring enterprises always stay at the forefront of technology.Agile deployment: Powered by SD-Branch technology, the platform supports bulk branch network configuration and plug-and-play device deployment. Whether opening new stores, branch offices, or temporary sites, enterprises can rapidly roll out networks, boosting business responsiveness by over 80%.AI-powered O&M: Through an embedded AI-assisted O&M copilot, the platform automatically identifies and resolves 80% of common network issues, freeing O&M personnel from tedious routine inspections. This slashes the Mean Time to Repair (MTTR) by 70% and cuts O&M costs by 50%.Future-ready scalability: The platform deeply converges Wi-Fi, LAN, WAN, and security capabilities across all scenarios, supporting elastic expansion to accommodate enterprise growth from single sites to global footprints. It also delivers end-to-end industry solutions tailored to sectors like retail and education. These include foot-traffic analytics and smart marketing networks for retail stores, alongside highly reliable online teaching networks for educational institutions, truly bringing to life the vision of “One Platform, All Scenarios, Intelligent Future.”

Looking Ahead: Making AI-Powered Networks Ubiquitous

“In the past, intelligent O&M was a luxury exclusive to large enterprises. Now, we have deeply integrated AI into the cloud management service platform, enabling SMEs to easily access these capabilities as a cloud service. This is more than tech inclusion; it is about making AI network services genuinely accessible, affordable, and actionable,” said Shi Lei, Vice President of the NCE Data Communication Domain, Huawei’s Data Communication Product Line. “Looking ahead, we will continue investing in local operations and working hand-in-hand with South African customers and partners to make intelligent networks the solid foundation of South Africa’s digital economy. Together, we will drive a more inclusive and sustainable digital future.”

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Aolani and Rafay Collaborate on One of the Industry’s First NVIDIA DSX OS Deployments on NVIDIA GB200 NVL72 Infrastructure

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The collaboration demonstrates how next-generation AI infrastructure can be transformed into production-ready AI platforms for enterprise and cloud providers.

SUNNYVALE, Calif. and SINGAPORE, July 26, 2026 /PRNewswire/ — Rafay Systems, a leading platform provider for modern infrastructure and AI workloads and a member of NVIDIA Inception, today announced a strategic collaboration with Aolani to deliver one of the industry’s first deployments of NVIDIA DSX OS running on NVIDIA GB200 NVL72 infrastructure, helping demonstrate how next-generation AI infrastructure can move from installation to production-ready AI services.

As organizations continue investing in accelerated computing, the competitive advantage is shifting beyond acquiring GPUs. Success increasingly depends on how quickly providers can operationalize infrastructure, onboard customers, govern multi-tenant environments, and deliver AI services that developers and enterprises can consume immediately.

The collaboration between Aolani and Rafay addresses that challenge by combining Aolani’s next-generation AI infrastructure with Rafay Platform’s orchestration, automation, multi-tenancy, and lifecycle management capabilities to create a production-ready AI platform built on NVIDIA AI infrastructure.

Rather than delivering raw GPU infrastructure alone, the solution enables organizations to provision Kubernetes clusters, virtual machines, AI workspaces, and inference environments through a secure self-service experience while maintaining centralized governance, policy enforcement, and operational visibility.

“Aolani has always been committed to delivering faster time-to-value for our customers,” said Nicholas Chia, CEO of Aolani. “Our customers are at the bleeding edge of AI development, and they need to provision, govern, and scale from day one in an industry that moves at lightning speed. Building the next generation of AI cloud means solving for more than just compute capacity, but also production-grade platforms that enable operational readiness from the get go. That’s why we are so excited about this partnership with Rafay.”

The announcement reflects a broader transition taking place across the AI infrastructure industry. As cloud providers, enterprises, and sovereign AI operators deploy increasingly powerful GPU infrastructure, attention is moving toward the software layer that enables those investments to become secure, scalable, and commercially viable AI platforms.

“AI infrastructure has entered a new phase,” said Haseeb Budhani, CEO and co-founder of Rafay Systems. “The question is no longer how quickly organizations can deploy GPUs. It’s how quickly they can transform that infrastructure into a governed, self-service platform that developers can use and operators can manage at scale. We’re excited to collaborate with Aolani to help demonstrate what’s possible with NVIDIA AI infrastructure and accelerate the path from hardware deployment to production AI services.”

The deployment combines Aolani’s AI cloud infrastructure with the Rafay Platform to simplify infrastructure bring-up, automate lifecycle management, enforce enterprise governance, and provide developers with immediate access to production-ready AI environments. The result is a platform designed to support model development, training, inference, and future AI service delivery without requiring organizations to assemble the operational software stack themselves.

As next-generation AI infrastructure continues to scale globally, Aolani and Rafay are demonstrating how infrastructure providers can move beyond deploying GPU capacity to operating modern AI platforms that accelerate customer adoption, improve infrastructure utilization, and shorten time to value.

About Aolani

Where AI gets built in Asia. Founded in 2023, Aolani’s AI factories enable enterprises, AI natives, and sovereigns to build with confidence, scale ambitiously, and move at hyper-speed in the world’s fastest-growing AI market. Founded in Singapore and backed by compliant and purpose-built neocloud infrastructure, Aolani delivers the performance capabilities for next-generation AI. For more information, visit www.aolanicloud.com and follow @AolaniCloud on LinkedIn.

About Rafay Systems

Rafay Systems is a leading software provider powering the operators building the AI cloud, including neoclouds, telecommunications providers, enterprises, and sovereign AI operators. The Rafay Platform lets these organizations operationalize GPU and compute infrastructure with self-service automation, governance, and multi-tenancy, spanning bare metal provisioning, infrastructure lifecycle management, virtual machines, Kubernetes, GPU PaaS, AI development environments, and Token Factory  for publishing AI models as token-metered inference services. By simplifying orchestration and operations across this stack, Rafay helps operators increase GPU utilization and turn raw infrastructure into monetizable, production-ready AI services, all while maintaining security, consistency, and control. For more information, visit rafay.co.

Media Contact
H/Advisors on behalf of Aolani Cloud
klareco-aolani@h-advisors.global

Angela Shugarts
Rafay Systems
angela@rafay.co 

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Lianlian DigiTech and UnionPay International Partner to Deploy AI-Agent Payments for Global Procurement

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HANGZHOU, China, July 27, 2026 /PRNewswire/ — Lianlian DigiTech and UnionPay International signed a strategic cooperation agreement on July 18 to develop AI-agent payment applications for cross-border commerce. Sun Dali, Co-President of Lianlian DigiTech, attended and signed on behalf of the company.

The partnership combines Lianlian DigiTech’s AI-agent platform with UnionPay International’s global payment network. Initial focus areas include global procurement and AI Token replenishment, with AI-assisted procurement workflows connecting directly to cross-border payment infrastructure. The broader collaboration will also encompass overseas merchant acceptance expansion and joint AI technology R&D.

Launching Deployment Global Procurement

Building on the existing B2B payment business cooperation between Lianlian DigiTech and Union Pay International, the partnership will be further extended into AI-Agent payment Scenarios. The inaugural application introduces a Human-in-the-Loop AI-agent payment solution for global procurement, which will effectively address enterprises’ pain points in cross-border B2B payments.

Cross-border purchasing has long suffered from structural inefficiencies—protracted settlement cycles, exchange-rate volatility, layered compliance demands, and manual reconciliation.

The partners will integrate AI-agent capabilities throughout the procurement workflow—from supplier matching and product selection to payment execution. Under the Human-in-the-Loop model, the AI agent executes procurement tasks autonomously while users retain final approval authority, marrying AI-driven efficiency with human judgment.

The partners will use global procurement as the initial deployment, refining the experience and architecture based on real-world feedback, with a longer-term ambition to drive industry-wide standardization and broader adoption of AI-agent payment solutions across additional business verticals.

Long-Term Technology Collaboration

Beyond expanding AI-agent payment applications internationally, the two companies will collaborate on AI technologies for financial services through ongoing technical exchanges and joint development, advancing innovation and broader industry adoption.

Lianlian DigiTech said the partnership reflects its long-term commitment to integrating AI with cross-border payments. As an AI-native company building global financial infrastructure, it views this collaboration as an important step in bringing AI-agent payment technologies into commercial use, and will continue working with industry partners to provide businesses with more intelligent global payment services.

UnionPay International noted that as AI reshapes financial services, intelligent and digital transformation have become essential to sustainable industry growth. Drawing on its global payment network and seamless B2B digital payment solutions, including Virtual Commercial Card Program, it will work with Lianlian DigiTech to promote standardization and scaled adoption of AI-agent payments, ensuring AI-driven financial innovation supports the real economy.

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