CONSTRUCTION INDUSTRY INSIGHT (FALL 2024)

This insight focuses on a number of topics that pertain to the construction industry as a whole, including new highs reached in U.S. factory construction, the surge in demand for homebuilding, concerns about the presidential election, and the rise in construction job openings. It also includes a summary of trends in used equipment values.

Machine Tool/Manufacturing Industry Insight (Summer 2024)

This insight focuses on several topics that pertain to the machine tool/manufacturing industry as a whole, including the recent uptick in machine tool orders, additional awards granted for EV production, the level of job satisfaction among manufacturing workers, and the clouded supply chain outlook reflecting uncertainty around the 2024 presidential election. It also includes a brief commentary on the outlook for the manufacturing industry.

Construction Industry Insight (Summer 2024)

This insight focuses on several topics that pertain to the construction industry as a whole, including commercial builders’ greatest concerns, the outlook for construction jobs in 2024, economic uncertainties that impact the industry, and the June decline in material prices. It also includes a summary of trends in used equipment values.

Trucking Industry Insight (Summer 2024)

This insight focuses on several topics that pertain to the trucking industry as a whole, including the recent decline in Class 8 truck orders, concerns regarding operational costs, a new U.S. House Bill to expand parking capacity, and the onslaught of layoffs experienced within the industry.  It also includes a summary of trends in used equipment values.

Irontrax Announces Appointment of Rick Wilichowski as Managing Director – Operations

CLEVELAND, July 8, 2024 /PRNewswire/ — Irontrax, a leader in valuations and equipment sales, is excited to announce the appointment of Rick Wilichowski as the new Managing Director of Operations. This strategic move is designed to bolster Irontrax’s operational efficiency and support its continued growth. In his new role, Rick Wilichowski will oversee the valuations team, ensuring the delivery of accurate […]

Trucking Industry Insight (Spring 2024) 

This insight focuses on several topics that pertain to the trucking industry as a whole, including trends to watch in 2024, industry opposition to the new rule on electronic trucks, actions taken by President Biden to delay the restocking of strategic oil reserves, and drivers’ refusal to be drug tested. It also includes a summary of trends in used equipment values.

Machine Tool/Manufacturing Industry Insight (Spring 2024) 

This insight focuses on several topics that pertain to the machine tool/manufacturing industry as a whole, including top trends within the industry, the recent impact of manufacturing on the rise in the U.S., industrial production, the new low for machine tool orders, Apple’s look to invest in Indonesia, and the Samsung grant for the production of chips in the U.S. It also includes a brief commentary on the outlook for the manufacturing industry.

Construction Industry Insight (Spring 2024) 

This insight focuses on several topics that pertain to the construction industry as a whole, including the industry outlook for 2024, the anticipated plunge in office real estate values, the surge in job openings, and the record-high share price achieved by Caterpillar. It also includes a summary of trends in used equipment values.

Trucking Industry Insight (Winter 2023) 

This insight focuses on a number of topics that pertain to the trucking industry as a whole, including a look ahead as to what to expect in 2024, expectations for further investments in artificial intelligence, the outlook for additional trucking bankruptcies, the significant fine imposed upon Cummins for environmental infractions, and the top concerns within the trucking industry. It also includes a brief summary of trends in used equipment values.

Machine Tool/Manufacturing Industry Insight (Winter 2023) 

This insight focuses on a number of topics that pertain to the machine tool/manufacturing industry as a whole, including the contraction of U.S. factory activity, the AI revolution within the industry, the latest incident with Boeing’s 737 MAX 9, market trends and forecast for the machine tool sector, and the announced sale of U.S. Steel. It also includes a brief commentary on the outlook for the manufacturing industry.