It's no surprise that heavy equipment loses value over time. So why do many equipment owners allow their equipment yards to fill up with idle machines rather than maintaining an active fleet of equipment? As the economy continues to recover, it’s important for fleet managers to be smart about their inventory and cash flow and understand how they can best manage their company’s investments.
When assessing whether to keep equipment or sell it, organizations should consider several things. Franklin Langham, Vice President of Sales for IronPlanet explores these points in the Sept. 30 issue of Equipment Journal. Download the article here: Depreciation Dilemma: Managing Idle Equipment
