Ownership and Operating Costs for Agricultural Tractors Now Available for EquipmentWatch Subscribers

 In Press

EquipmentWatch Expands Rental Rate Blue Book Coverage to Include Agricultural Models

Atlanta, Ga – February 12, 2018 – EquipmentWatch, the world leader in data, software, and insights for the heavy equipment industry, has expanded its Rental Rate Blue Book and Internal Charge Rate products to include cost data for nearly 1,000  agricultural tractor models. Customers now have access to both nationally benchmarked and user-customized charge rates for this new category of equipment.

Introducing Standard Reimbursement Rates for Ag Tractors

For decades, project owners and contractors have relied on the Rental Rate Blue Book to accurately reimburse equipment costs incurred during extra work. Now subscribers have access to an entirely new category of equipment. “We’re always looking for ways to increase the value of an EquipmentWatch subscription to our users,” explained Garrett Schemmel, vice president, EquipmentWatch. “When we observed how often ag tractors were being used in our customers’ projects, both public and private, the decision to expand our coverage into this category of equipment was obvious.”

Accurate Ownership & Operating Costs for the Agricultural Tractor Owner

The Internal Charge Rate calculator provided by EquipmentWatch is the industry’s most accurate source for estimating asset-specific hourly owning & operating costs. This ability also extends to the nearly 1,000 ag tractor models now included in the EquipmentWatch subscription. Whether setting budgets, renting equipment out internally, or estimating an upcoming project, owners of ag tractors can confidently estimate their costs like never before.

Meeting the Needs of the Ag Sector

Where EquipmentWatch customers expressed a need, a solution was identified. The process began in 2015 when EquipmentWatch entered the agricultural valuation market by adding over 4,000 ag equipment models. Since then, ag has remained a focal point of growth and natural expansion within the already-existing EquipmentWatch solutions. Existing customers have immediate access.  

For additional information on EquipmentWatch, visit: https://equipmentwatch.com.

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About EquipmentWatch

EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in heavy construction research and serves more than 15,000 professional, high-volume users of construction and lift-truck data. Our products are valuable tools in decisions surrounding the purchase, valuation, operation, and disposal of equipment.

For nearly 50 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders and insurers, and government agencies involved in heavy civil construction.

About Informa

EquipmentWatch is part of Informa, the international business intelligence, academic publishing, knowledge and events group. Informa serves commercial, professional and academic communities, helping them connect and learn, and creating and providing access to content and intelligence that helps people and businesses work smarter and make better decisions faster.

Informa has over 7,500 colleagues in more than 20 countries and a presence in all major geographies. It is listed on the London Stock Exchange and is a member of the FTSE 100.

Media Contacts:

Erin C. Kadzis
Product Marketing Manager
EquipmentWatch
Informa
770.618.0123
erin.kadzis@equimentwatch.com