B. Riley Financial
Jun 18, 2015

Great American Group Publishes Inaugural Transportation Monitor

Great American Analysts Report Slow and Steady Transportation Sector Growth Through 2015

LOS ANGELES, CA -- June 18, 2015 -- GA Advisory and Valuation Services LLC, a division of Great American Group (GA), has published its inaugural issue of the Transportation Monitor, a bi-annual publication that provides analysis of the transportation industry from a manufacturing and wholesaling perspective, including industry valuation trends.

The Transportation Monitor also reports on merger and acquisition activity in key industries, including the rental construction and crane market. In 2015, top crane renters in the U.S. have completed multiple large mergers and acquisitions of competitors in order to increase their market share, spurred by demand for tower cranes used for commercial and residential high-rise construction.

"Transportation markets have experienced slow but steady growth in the first half of the year," commented Michael Petruski, executive vice president and general manager of GA Advisory and Valuation Services. "Proliferation of intermodal transportation has been a key factor in the overall growth of the market. Though declining recently, the oil and gas industry continues to be a strong driver of demand in the transportation sector."

According to GA analysts, Class 8 heavy-duty tractors continue to represent a strong segment in the transportation sector, with 2015 expected to exhibit the highest level of unit production since 2006, which has bolstered the market for used tractors. "We are seeing used Class 8 tractors continuing to maintain high resale values as later-model equipment comes in from fleet operators," noted Petruski.

The June 2015 Transportation Monitor issue also reports the U.S. aerospace industry grew 4% to $228.4 billion in 2014 driven by record orders for new aircraft. GA analysts see continued growth this year based on more efficient aircraft introductions, new requirements for more aircraft to support the projected long-term traffic growth, record capacity utilization rates, and the low cost of financing new aircraft. "While defense spending is projected to decrease over the next decade, healthy commercial demand is expected to drive the aerospace sector," added Petruski.

To view the inaugural issue of the Transportation Monitor, click here.

About Great American Group
Great American Group, LLC is a leading provider of advisory and valuation services, asset disposition and auction solutions, and commercial lending services. Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. For more information about Great American Group, visit www.greatamerican.com or call 818-884-3737.

Great American Group is a subsidiary of B. Riley Financial, Inc. (OTCBB: RILY), a diversified provider of collaborative financial and business advisory services through several subsidiaries, including: B. Riley & Co. LLC, a leading investment bank which provides corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients; Great American Group, LLC; B. Riley Capital Management, LLC, an SEC registered Investment Advisor, which includes B. Riley Asset Management, a provider of investment products to institutional and high net worth investors, and B. Riley Wealth Management (formally MK Capital Advisors), a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families; and Great American Capital Partners, a provider of senior secured loans and second lien secured loan facilities to middle market public and private U.S. companies.

B. Riley Financial, Inc. is headquartered in Los Angeles with offices in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc., visit www.brileyfin.com.