Tag: construction equipment auctions: Page 2

How to do Everything Better

How to stop operators from idling too much

This tip came from a 2014 Equipment World Contractor of the Year finalist Landon Floyd of Precision Pipeline in Cedar City, Utah: Have all your guys park their personal vehicles in the yard one day and drive them out to the site in a van or have them carpool. Make them leave their keys at […]

July 29, 2019

Construction Equipment

Ritchie Bros. breaks all-time record with massive heavy equipment auction in Orlando

When the bidding ended February 24 and the last piece of equipment had been sold, Ritchie Bros. tallied a record breaking $297-million in sales at its big auction in Orlando, Florida. That made it the biggest auction in the company’s history and a 7-percent increase over last year. With 13,350+ pieces up for auction it’s […]

March 7, 2019

Dealers

Ritchie Bros.’ record-breaking $278M Orlando auction wasn’t just bigger—it offered a whole new virtual experience

As the number of lots to be put up for auction at Ritchie Bros. 2018 Orlando auction kept rising higher and higher, company leadership grew cautiously optimistic that this could be the year they break the huge annual event’s sales record set in 2012 of just more than $200 million. “As late as quarter four […]

February 26, 2018

Dealers

Orlando equipment auction will be Ritchie Bros.’ largest yet

Ritchie Bros. is preparing for the start of its big Orlando auction Monday and the heavy equipment auctioneer says this will be the largest version of the annual auction yet. Company spokesman Ian Malinski says more than 12,800 trucks and pieces of equipment will be available at the auction and sold with no minimum bids […]

February 16, 2018

Dealers

J.J. Kane Auctioneers picks Proxibid as timed auction provider

J.J. Kane Auctioneers has selected Proxibid as the exclusive provider of its timed auctions, beginning Jan. 20 and continuing on the third Friday of each month. “We are thrilled to add timed auctions to our event calendar in 2017 to provide consignors and buyers with an additional way to liquidate and acquire equipment,” says Joe […]

January 13, 2017

Dealers

Ritchie Bros. Auctioneers Nov. metrics show more than 3% GAP growth

Ritchie Bros. Auctioneers’ latest monthly auction metrics show an increase of 3.1 percent in reported growth auction proceeds (GAP) for November 2016 compared to the same month last year. This figure represents and increase of $7 million. Organic GAP growth for the same period is reported at 3.6 percent, or $8 million. The organic growth […]

December 26, 2016

Dealers

Euro Auctions acquires heavy machinery auctioneer Yoder & Frey

Euro Auctions, with headquarters in Dromore, Northern Ireland, has purchased U.S.-based heavy machinery auctioneer Yoder & Frey. Financial details of the acquisition were not revealed. The company says the action will “create a stable and strategic partnership from which the local market knowledge of Yoder & Frey, combined with the global market expertise of Euro […]

December 22, 2016

Dealers

TopBid equipment auction calendar for November 16-22

Construction equipment auction calendar for November 16-22 provided by TopBid. The listings include dates, locations and links to the catalog listings for each event. Nov. 16 BigIron Auctions Location: Internet http://www.bigiron.com/ Catalog available here.   Hilpipre Auction Company Location: Waterloo, Iowa http://www.hilpipre.com/ Catalog available here.   Hunyady Auction Company Location: Buffalo, New York http://www.hunyady.com/ Catalog […]

November 15, 2016

Dealers

Ritchie Bros. to acquire online equipment auctioneer IronPlanet for $758.5 million

Announced late Monday evening, the auction giant Ritchie Bros. is acquiring internet-based auction company IronPlanet for approximately $758.5 million. The deal is Ritchie Bros. second acquisition this month following an August 2 announcement that the company would buy New England-based Petrowsky Auctioneers for $7 million. IronPlanet burst onto the heavy equipment auction scene in 1999 […]

August 29, 2016

Business

Ritchie Bros. buys online equipment listing service Mascus

Heavy equipment auctioneer Ritchie Bros. has acquired online equipment listing service Mascus in an all-cash deal. Ritchie Bros. says it has paid €24.0 million ($26.6 million) for 100 percent equity in Mascus and will pay up to €3.4 million ($3.8 million) more should certain performance targets be met by Mascus over the next three years. Mascus will continue […]

February 23, 2016

Construction Equipment

Looking for that leatherneck style? IronPlanet/GovPlanet auctioning surplus Marine Corps construction machines

If you hate the color of yellow iron, or you’re nostalgic for your days in olive drab, or just looking for some older, low hours machines, you might want to check out IronPlanet’s two-day GovPlanet auction of surplus Marine Corps construction equipment. The auction starts tomorrow (Tuesday, September 22) at 9 a.m. Pacific Coast Time, […]

September 21, 2015

Business

Finning teams up with IronPlanet to sell used Cat equipment globally

Are you not finding the deals you want in your part of the country for good used equipment? Maybe it’s time to look further. Two of the biggest players in the heavy equipment industry inked a deal this week to bring a global presence to the auction market.The largest Caterpillar dealer in the world, Vancouver, […]

August 28, 2015