We at UrParts.com regularly have nice things to celebrate but this week we hit a particularly momentous occasion when we went over 9,000 users. As we eat, breath and sleep parts, it’s good to know that over 9,000 people out there have come to us for help. Just knowing that we helped all these people save both Time and Money in their quest to find construction parts gives us a particularly warm squishy feeling inside.
On closer inspection it transpires that these people are located in 170 different countries around the world. This got us thinking… What countries are we missing?
Prices for the fire damaged, or general machines for spare parts, at the recent Euro Auction in Leeds were remarkably high. Biding between competing dismantlers was fierce as they all try to increase their inventory of available used parts. Even though there has been a marked decrease in the scrap value of the metal, this increase in the prices being paid for damaged machines reiterates how the used parts market is continuing to grow. Demand for cheaper alternatives to main dealer prices for construction equipment parts has fuelled this growth. With month on month increases in parts requests submitted through online parts network UrParts.com it looks like this trend will continue.
We are delighted to announce that UrParts.com were Gold Prize Winner for the Export Company of the Year at the Vodafone sponsored Startup Awards 2013. Not only were we recognized as the best in this category but we also scooped Silver Prize for the Digital/Online and Silver Prize for Women in Business. We are delighted to accept this hat trick of awards in recognition of all our success to date.
UrParts.com is fast becoming the first port of call for anyone in need of parts for Construction and Agricultural machines from Bulldozers, Off Road Trucks and Excavators to Wheel Loaders, Tractors, Backhoes even Crushers and Screens.
Results for the European construction industry fell again for the fifth month in a row in March 2013 with a decline rate of 1.7% since February and 7.9% since March 2013. Results came from the European Unions’s statistic agency and included 17 countries in the Euro area. Results varied across the different member states as some increased and some decreased. Slovenia recored the sharpest decline of -31.8% followed by Czech Republic at -19%, Poland at -6.9% and Portugal at -16.7%. However some contries received good news recording an increase, the highest being Spain at +16.6% and Hungary at +9.9%.
Latest results will have an ongoing impact on the sale of construction machinery, heavy equipment and machinery parts across the European Union.
In 2010 and 2011 the United States District Court for the Eastern District of New York decided that Metso was in the right over a dispute with Powerscreen. Powerscreen International Distribution Ltd (today known as Terex GB Ltd), Terex Corporation, Emerald Equipment Systems, Inc. et al., took Metso to court due to patent infringement over the lateral folding conveyor on Metso’s mobile crushing and screen plants. However now the United States Court of Appeals for the Federal Circuit have decided to reverse this decision in favor of Powerscreen and deemed the earlier ruling as invalid. Metso have stated that they are unhappy with the reversal decision and have given notice that they intend to get this decision overturned through the legal options available to them. This will more than likely happen through motions and another appeal. Given the time frame it will in all likelihood be 2014 before a final decision on this issue is announced.
Caterpillar is putting innovation and technology to work to make sustainable progress possible. Doug Oberhelman, Caterpillar Chairman and CEO, provides the Chairman’s Message for the 2012 Sustainability Report.
Analyses of part requests from around the world have revealed that the top 5 Brands of searched parts in the first quarter of 2013 are Cat, Volvo, JCB, Komatsu, Hitachi. This indicates that the big brands continue to keep a foothold in the market regardless of the effect the global recession is having on the industry. Out of a total of 1779 processed parts requests almost half of the total requests were for machines for these 5 brands. The leading brand being Cat is ahead by almost half that of Volvo being the next largest brand.