When asked to express an opinion regarding the current state of the used crane equipment market – the answer is a single word: “depleted.” Right now, there is extremely high demand and a corresponding low supply with respect to many types of construction equipment, and this is especially true for cranes. The current demand for cranes and other construction equipment is being driven, in part, by increased infrastructure spending in the United States and supply chain disruptions that have made lead times for the delivery of new cranes significantly longer.
