HDD Broker Blog

  • HDD Community's Hurricane Irma Relief Help

    September 21, 2017

    On Sunday, September 10th, 2017, Hurricane Irma tore through Southwest Florida as a category 4 hurricane. She was an angry storm.
    Read More »
  • A Tribute to a Great Man

    August 8, 2017

    It is with deep grief that we announce the passing of our founder, Ivan Lauzon, on July 22nd, after a short but valiant battle with an aggressive cancer.
    Read More »
  • HDD Used Equipment Market Remains Strong

    November 30, 2016

    The time has come to take the plunge and increase the number of drill rigs in your fleet. Or perhaps your need is to replace one of the aging rigs in the yard. What do you do?
    Read More »
  • 2016 Recap - A Look Back at the Used Marketplace

    December 27, 2016

    An eventful year draws to a close, and despite a few headwinds, the HDD industry outlook remains strong for 2017. Not surprisingly, the telecom market drove sales of used drills under 30,000lbs pullback. In 2016, we sold the highest portion of small HDD rigs than ever before.
    Read More »
  • Take Advantage of Your SECTION 179 Benefits

    December 7, 2016

    Section 179 of the IRS tax code allows businesses to deduct the FULL PURCHASE PRICE (up to $500,000 in 2016) of qualifying NEW or USED equipment (such as company vehicles, machinery or software) from your gross income.
    Read More »
  • This Summer's Top Selling Used HDD Drills

    November 3, 2016

    Daylight savings time is just around the corner, so it's a good time to look back at this summer's best-selling used HDD drills.
    Read More »
  • What This Purple Drill Taught us About Resale Value

    March 17, 2016

    It was a 2000 Ditch Witch JT7020 drill and it was purple. Bright, Barney-the-dinosaur purple. The year was 2003 and the state of the used marketplace was rapidly changing. The fiber market crashed in 2001, destabilizing the industry, and putting tremendous downward pressure on drill pricing.
    Read More »
  • This Winter's Top Selling Drill is.....

    March 1, 2016

    ....the Vermeer D24x40A! Unsurprisingly, this perpetual best-seller was No. 1 on our "Top 8" list again. Consistent demand from India, Southeast Asia and Eastern Europe has sustained the average price point - roughly $26,000 USD - for the last couple of years.
    Read More »
  • The Advantages of Canadian Sellers in the Used HDD Marketplace

    Febuary 18, 2016

    Canadians have several distinct advantages when it comes to selling used HDD equipment into the USA. Surprised? Don't be. The current buying power of the US currency, the ease of export, and an increasing demand for pre-owned equipment make Canadian drills a viable and attractive option for American buyers.
    Read More »
  • UCT 2016

    Febuary 10, 2016

    Held within the sprawling Georgia World Congress Center in Atlanta, GA, this year's UCT show tried on a new location and new hours for size. It wasn't a perfect fit. Transplanted from its traditional location in Texas purportedly due to construction on the convention center, UCT's move to Atlanta was a qualified success.
    Read More »
  • Horizontal Directional Drilling on Vancouver Island - Growth and Challenges

    January 2, 2015

    Since my introduction to horizontal directional drilling (HDD) technology, I have grown a strong appreciation for not only its environmental benefits, but also for the fact that it makes less of an impact on society's busy schedule.
    Read More »
  • 2014: Year in Review

    December 23, 2014

    The opening months of 2014 saw the last of the "polar vortex" artic freeze finally ease up throughout North America. While weather was unsettled globally, the impact on the US market was particularly significant, costing the economy over 2 per cent GDP.
    Read More »
  • HDD Broker goes to Vac-Tron 20 Year Anniversary

    November 20, 2014

    We were honored with an invitation to the Vac-Tron 20 Year Anniversary in business celebration hosted at their facility in Okahumpka, FL in a two-day event on November 6th and 7th.
    Read More »
  • Baby, It Was Cold Outside

    April 11, 2014

    I cannot recall a winter in our 12 year history where our industry was so affected by the weather. The US northeast region saw three-to-four times the usual snowfall, according to the NESIS index. This was magnified by two category 3 snowstorms that ranked amount the top 30 storms of the last half-century. 91% of the Great Lakes were frozen, the 2nd largest ice cover on record.
    Read More »
  • Tier 4 and the Used Equipment Marketplace

    January 31, 2014

    Tier 4 regulations have created massive disruptions in equipment manufacturer's businesses. The changes required by these new regulations have resulted in billions of dollars and tens of thousands of man-hours having to have been invested in new research and development, not only in the engines but also in the equipment frames themselves in order to allow for the larger, heavier and more complex power plants and emissions components.
    Read More »
  • HDD Broker Open House

    January 24, 2014

    Naples Location is Officially Open for Business! Well, to be accurate, our Naples, Florida location has been operating since August of 2008. But with the growth of HDD Broker's US staff it was time for an upgrade.
    Read More »
  • The Pre-Owned Marketplace of 2013

    December 20, 2013

    As another year draws to a close, now is a great time to look back at 2013 and what happened in the used equipment industry. All indications seem to show that the economy as a whole is well on its way to recovery, and sales of new and used equipment within the HDD industry certainly reflect that. While total sales of new HDD units haven't been made public yet, sales of used equipment was very strong overall.
    Read More »
  • Take Advantage of Your SECTION 179 Benefits Before They Expire!

    November 13, 2013

    What is the Section 179 deduction? Section 179 of the IRS tax code allows businesses to deduct the FULL PURCHASE PRICE (up to $500,000 in 2013) of qualifying NEW or USED equipment (such as business use vehicles, machinery or software) from your gross income.
    Read More »
  • What is InfoCheck?

    September 30, 2013

    InfoCheck is a listings enhancement that we have created which provides a checklist for each listing showing how comprehensive the information within it is. Website users are now able to search and sort listings by their InfoCheck rating.
    Read More »
  • HDD Broker's NEW Extended Warranty Program

    September 30, 2013

    One of the biggest concerns a contractor has when purchasing pre-owned equipment is how long it will hold up to the rigors of day to day use over time.
    Read More »
  • THERE'S NO CRYING IN DRILLING... and we want proof!

    July 22, 2013

    You could win a Google NEXUS 7 tablet! Simply send in a qualifying image of yourself or your crew wearing your official HDD Broker "No Crying in Drilling" apparel.
    Read More »
  • The Evolution of Used Equipment Buyers

    April 26, 2013

    The word "Evolution" is one that I really like to use when describing our take on the customers that we deal with in the used equipment marketplace.
    Read More »
  • 2012 in Review - Hellooo 2013!

    December 21, 2012

    Yet another year has come and gone. New companies have entered the marketplace,old ones have vanished, and yet others have merged in one of the most active years for the HDD industry in recent memory.
    Read More »
  • No-Dig 2012 São Paulo, Brazil

    November 19, 2012

    It's Thursday, November 15th, 2012 and I'm writing this from our hotel room in the TransAmerica Hotel in São Paulo, Brazil as we pass time waiting for our 11:30pm flight tonight to head home. The exhibition wrapped up last night after three days of being open.
    Read More »
  • Trenchless Live 2012 - A blustery, but exciting event!

    October 30, 2012

    Trenchless Live, hosted in Melbourne, Australia on October 23rd and 24th was an exciting event yet again, and HDD Broker was very pleased to exhibit there once again this year.
    Read More »
  • HDD Broker Employees Take a Break from Working in the Trenches, Sort of

    October 11, 2012

    At first, a Tough Mudder event might sound like something Bear Grylls would do in his spare time. It requires hard training, getting dirty, enduring any outdoor climate and perhaps most of all, mental willpower. When HDD Broker sales specialist Jonathan Brown first heard about Tough Mudder and presented the idea of participating to other employees, it was taken almost as a joke.
    Read More »
  • The State of the Second Hand HDD Rig Market (Part 2)

    June 27, 2012

    In the last issue of Trenchless World you read about the steady decline of used equipment inventory that the marketplace has seen since the peak back in October of 2010. The reasoning behind the steady decline of used inventory was outlined in great detail in the previous article.
    Read More »
  • The State of the Second Hand HDD Rig Market

    May 31, 2012

    It has been a challenging few years. Contractors, manufacturers, resellers and most everyone in general saw a reduction in spending, a loss of jobs and an overall loss of income as a result of the global recession that hit in late 2008.
    Read More »
  • Used Equipment and the Small Rig Market

    March 29, 2012

    The HDD marketplace is full of a diverse collection of horizontal drilling machines. These drills range in size from small pit-launched units that can be fit into the bed of a pickup truck to monolith maxi-rigs that need three semi-trailer truckloads just for the main drill components.
    Read More »
  • 2011 in Review

    December 29, 2011

    HDD Broker had a banner year in 2011, breaking our previous records for sales. We sold into over 39 different countries and attracted viewers to our website from over 100 others. This year also saw HDD Broker's 10 Year Anniversary. We are all very excited over the impact that we've made over the last ten years and we're looking forward to the next ten with equal enthusiasm.
    Read More »
  • ICUEE 2011

    November 1, 2011

    Well, we are back from ICUEE 2011. This was our first time hosting an outside booth at ICUEE and I am glad to say that we found it a great success. For those who don't know, ICUEE is our industry's largest tradeshow. The show itself took place in beautiful Louisville, KY. It was a three day event that took place from October 1st to 3rd. There were many different types of companies present at ICUEE, many of which were already part of our HDD Broker network.
    Read More »
  • Australasia and the Used HDD Market

    August 25, 2011

    One of the challenges of living on an island, albeit a very large one, is that there can be a distinct shortage of necessary equipment needed for projects domestically. If we talk about the HDD marketplace, this truth often means that importing equipment from overseas is one of the most common and cost-effective solutions.
    Read More »
  • NO-DIG 2011

    March 31, 2011

    The 2011 No-Dig Exhibition in Washtington, DC has come and gone. I am happy to say that attendance was much higher than in the recent UCT show.
    Read More »
  • CONEXPO 2011

    March 25, 2011

    By all counts (at least thus far), CONEXPO 2011 has been a very welcomed success. After years of slumping sales, the turnout at the CONEXPO exhibition in Las Vegas this week seems to indicate a positive change in customer perception and general optimism for the coming year.
    Read More »
  • UCT 2011

    February 15, 2011

    It was off to a promising start... This year's UCT exhibition returned to Houston, TX after the last few years saw it in places such as Tampa, FL and San Antonio, TX. Upon first impression, the show looked like it was going to be the best in years. It was much larger, and vendors that had previously abandoned the show had returned to exhibit once more.
    Read More »
  • Looking Back at 2010

    December 29, 2010

    2010 was a year of hope for most people. The previous two years of steady economic hardship had steadily worn away at many people's lives, and the first glimmers of stabilization began to emerge.
    Read More »
  • Section 179 Tax Deductions for 2010

    November 3, 2010

    Important tax benefit for purchasing depreciating assets may be approaching sunset. Section 179 of the United States Tax Code has offered a substantial increase of potential tax savings and credits in 2010 that is set to expire December 31. Prospective buyers should act now as the future is uncertain for this cost saving opportunity.
    Read More »
  • The State of the Used HDD Marketplace

    October 8, 2010

    The Global Economic Downturn has affected almost every corner of the globe, with some areas having been affected to a far greater degree than others. Countries that had previously seen unprecedented growth in the trenchless industry saw a sudden cease of work in that area altogether. Contractors who had drilling contracts in hand one minute suddenly found them evaporate the next. Almost overnight, the landscape of the entire industry changed.
    Read More »
  • HDD Equipment Overview 2010

    August 31, 2010

    "May you live in interesting times." It's an old curse that has certainly held true for many people and companies over the last year.
    Read More »
  • Shipping Equipment by Truck

    March 31, 2010

    So, you've found the perfect package and now you need to get it to your shop. The most cost-effective method for shipping (in most cases) is to ship by trucking service.
    Read More »
  • What does the Google Fiber Optic Experiment mean to the Trenchless Industry?

    March 18, 2010

    Last month, Google announced its plans to build an experimental fiber-to-the-home network in select cities that would offer unprecedented internet speeds - about 100 times faster than what most Americans have today.
    Read More »
  • A Review of UCT 2010

    January 26, 2010

    I'm thankful to say that the continuing optimism that we are seeing and hearing from our customers and vendors alike was mirrored in the attendance and quality of the recent Underground Construction Technology Exhibition that took place in Tampa, FL last week.
    Read More »
  • Tips When Receiving Freight Off a Truck

    January 15, 2010

    Just a reminder on a few points for you and your customers when receiving freight off a truck. Hopefully, by taking these extra few minutes in receiving your freight, you can protect your investment and enjoy the equipment that you have purchased.
    Read More »
  • Happy Holidays from HDD Broker!

    December 23, 2009

    HDD Broker would like to wish all of our customers.. Past, Present and Future... a very Merry Christmas and Happy New Year!
    Read More »
  • Announcing a New Way to Buy from HDD Broker!

    November 6, 2009

    HDD Broker is proud to announce the launch of a new and exciting way to buy from the largest and most comprehensive used HDD company in the world!
    Read More »
  • ICUEE Follow Up - Louisville, Kentucky 2009

    October 23, 2009

    Amongst the dire news of a stumbling economy, the attendance at the ICUEE show in Louisville, Kentucky was refreshingly good. There was a pervading sense of overall optimism that helped keep the show upbeat.
    Read More »
  • Trenchless Australasia 2009

    October 9, 2009

    Well I've just returned after a long, long (long) journey back from lovely, overcast Melbourne, Australia for the Trenchless 2009 Trade show and exhibition. I thought I'd offer a bit of a summary of what we saw, did and accomplished while we were down there!
    Read More »
  • The Changing Demands of the Mid-sized Drilling Contractor

    August 2009

    These changing economic times have certainly thrown the world on its ear, in some places more than others. Contracts have been delayed or shut down altogether, and in areas where the work does exist the ability for a contractor to obtain funds for the purchase of equipment to complete the work has diminished substantially. Through all of this, however, the needs and wants of the contractor remain unchanged. Manufacturers have, over time, invested considerable time, energy and resources in to the evolution of the HDD drill, and we have seen the results over the last few years.
    Read More »
  • Strategic Partnership and Business Expansion Caters to the Australasian Market

    August 2009

    It is the goal of every successful company to not just serve their customers, but to excel at doing so by catering to the specific needs of their clients. The world is a very large place, made smaller by things such as the internet, however there are specific territorial, cultural and business concerns for each geographical area and it is difficult for one company to handle each area with equal ability.
    Read More »
  • The Broker Advantage

    March 2006

    When a company or individual makes the decision to purchase a piece of equipment, there are typically two routes that are explored. The first, and probably easiest, is to locate an equipment dealer and purchase the piece of equipment brand new. This has several advantages, not the least of which are reliability and warranty for the product. Unfortunately, new equipment also carries a hefty price tag, and not all companies can afford the luxury of purchasing their entire fleet of equipment brand new.
    Read More »
  • Hard Times Show Exactly What You're Made Of

    July 2009

    "In prosperity, our friends know us; in adversity, we know our friends." by John Churton Collins. The quote is absolutely true, and no more applicable than in these challenging economic times. The quote was brought to focus for me recently when we did a transaction with a vendor of used tooling that we'd had frequent dealings with in the past.
    Read More »
  • Buying and Selling in the Used HDD Market

    May 2009

    I would say that the used market is "finding" itself right now. I think a proper term might be "volatile". What we're seeing is a market where some models of drill are dropping completely off of the map in regards to demand, while others see a very high inquiry rate.
    Read More »
  • Cutting Through the Hype: What the Future Really Holds for the Trenchless Industry

    April 2009

    There's been a lot of talk lately about how the highly-publicized $787 billion economic stimulus package will revitalize the country. A lot of people are holding their breath waiting for the money to come flowing in and take their companies from the threshold of bankruptcy and back into the black again.
    Read More »
  • Toronto No-Dig Show 2009

    April 2009

    What struck me at the Toronto Show was that the directional drilling industry has also advanced really dramatically. When Ivan and I used to go to the shows not so many years ago, there just weren't alot of people around that even heard of directional drilling.
    Read More »
  • Nuca Exhibition 2009

    March 2009

    The now-annual NUCA exhibition in Phoenix, Arizona took place March 4-6, 2009. The weather was spectacular, hovering in the mid 70's for the three days of the show. The downtown area of Phoenix was beautiful, with great access to amazing dining and entertainment.
    Read More »
  • Evaluating the Used Rig Market

    February 2009

    It's a different world today than it was yesterday. It will be a different world again tomorrow. I was recently asked to speak at the Underground Construction Technology Exhibition in San Antonio, Texas, and it afforded me the opportunity stand back and reflect on the HDD industry over the last ten years or so and see how it has been affected, and more specifically how the market for used HDD equipment has changed and where it is now.
    Read More »
  • What Does the International Market Offer?

    February 2009

    There is a wide selection of HDD drills offered from manufacturers based outside of the US. The quality ranges from next to useless to upper-end luxury, depending upon the manufacturer and the resources that they have to work with in their respective countries.
    Read More »
  • Trenchless Round Table Discussion

    January 2009

    It was my distinct pleasure to take part in the first annual Trenchless Round Table Discussion put on by Trenchless World Magazine. Many of the industry's major players were invited to attend, and representatives from many of the trenchless industry leaders made an appearance.
    Read More »
  • Responses from the Trenchless Round Table Discussion

    January 2009

    What impact is the current economic downturn having on the trenchless industry? And what are your predictions for your respective sectors for 2009? We've heard from the new equipment manufacturers here but I can talk about the used equipment side of things.
    Read More »
  • The Changing Face of the HDD Equipment Marketplace

    October 2008

    The times, they are a'changin'... An old saying, and one that seems to be accurate regardless of just what the "times" currently are. The expression is, nonetheless, an accurate one, particularly as we talk about the HDD marketplace right now.
    Read More »
  • The Evolution of the HDD Contractor: The Changing Needs and Wants In Today's HDD Marketplace

    July 2006

    As an individual who has constant contact with contractors from all over the world on a daily basis, I have a somewhat unique take on just what exactly it is that the average contractor is looking for in HDD equipment. Our customer base here at HDDBroker includes hundreds of contractors in dozens of countries from around the world, giving us a broad spectrum of companies to compare against.
    Read More »
  • What Is It Worth?

    March 2006

    What is it worth? That is a question that most often comes from sellers, but one that I've also heard many times coming from buyers as well.
    Read More »

This commentary is presented for informational purposes only. It is not intended to be a comprehensive or detailed statement on any subject and no representations or warranties, express or implied, are made as to its accuracy, timeliness or completeness. Nothing in this commentary is intended to provide financial, legal, accounting or tax advice nor should it be relied upon. Neither HDD Broker, Inc nor the author is liable whatsoever for any loss or damage caused by, or resulting from, any use of or any inaccuracies, errors or omissions in the information provided.