New Sandhills Global market reports show inventory levels rising month over month for U.S. used truck, semi-trailer, and construction equipment markets on Sandhills platforms, which include TruckPaper.com and MachineryTrader.com. Inventory levels in the used heavy-duty truck and semi-trailer markets are trending sideways despite monthly increases. However, used medium-duty truck inventory levels are continuing a steady upward trend; while asking and auction values remain on a downward trend.

“Uncertainty has filled the truck market,” says Truck Paper Manager Scott Lubischer. “Dealers are selling trucks not because they are upgrades, but because people still need to operate. Dealers are lowering prices to drive sales, but they are feeling the effects of slowed port activity, lower freight volumes, and tariffs.”

In the used heavy- and medium-duty construction equipment markets, Sandhills has observed inventory levels trending downward despite small monthly upticks in May. Asking prices and auction values dipped lower across all used construction equipment markets; trend lines are holding steady, but if value drops persist, they may also shift trend lines downward.

“Used equipment dealers are navigating a mixed market,” says Director of North America Construction Stephanie Olberding. “Seasonal drops in demand have contributed to the slight heavy-duty construction inventory increases noted in the May reports.”

Inventory levels in the U.S. used medium-duty trucks market continue to trend upward. In May, inventory was up 1.83% M/M and 25.79% YOY. The used moving box truck category posted the largest M/M inventory increase at 19.51%, while used reefer box trucks had the largest per-category YOY inventory increase at 85.92%.

Asking and auction values in this market have been trending downward for nine months. In May, asking values declined 0.97% M/M and 2.83% YOY, led by decreases in the used stake truck category, down 5.62% M/M, and the used moving truck category, down 7.86% YOY.

Inventory levels in the U.S. Used Heavy-Duty Construction Equipment market have been trending downward for five months. In May, inventory levels increased by 1.23% M/M but were down 2.52% YOY. The used wheel loader category exhibited the largest M/M inventory increase at 1.7%, while used crawler excavators posted the largest YOY inventory decrease at 5.83%.

Auction values are also trending sideways, with decreases of 0.69% M/M and 1.4% YOY in May. The used dozer category posted the largest M/M auction value decrease at 1.85%, while used wheel loaders had the largest per-category YOY auction value.