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Tag: construction equipment auctions: Page 3
Business
Ritchie Bros. names Terry Dolan president of U.S., Latin America business
A 15-year veteran of the industrial sector backed by strong experience with construction, mining and agriculture, Terry Dolan has been announced as Ritchie Bros. Auctioneers’ next U.S./Latin America president. Dolan leaves Global Commercial and Industrial Products’ Generac division where he served as executive vice president for four years. According to the Ritchie Bros. announcement, during his time […]
May 8, 2015
Business
IronPlanet, Cat Auction Services complete merger
With the addition of access to late model, low-hour Caterpillar equipment, IronPlanet chairman and CEO Greg Owens said his company’s merger with Cat Auction Services will “drive value and services to all of our buyers and sellers.” The merger, announced in December, was completed April 2. “I am confident that our marketplace offerings will enable our […]
April 3, 2015
Construction Equipment
Proxbid to provide live online bidding for Lyon auction in New Jersey
Proxibid will provide live online bidding for Alex Lyon and Son’s annual three-day rental return auction, scheduled for Thursday, March 26 through Saturday, March 28. Taking place in Mays Landing, New Jersey, the auction will feature construction equipment, aerial lifts, telescopic fork lifts and dump trucks. Proxibid is 100-percent PCI compliant and boasts an uptime […]
March 19, 2015
Construction Equipment
IronPlanet, Cat Auction Services hold joint auction while awaiting merger; discuss initial moves into market
Still awaiting the completion of its merger announced in December, IronPlanet and Cat Auction Services held their first joint live auction last week in Kissimmee, Florida. We sat down with Jeff Jeter, president of the Americas for IronPlanet to go over how IronPlanet envisions this pending merger moving forward. “Because the deal is not closed […]
February 15, 2015
Dealers
Quick Data: New and used excavator sales for February 2015
February 10, 2015
Business
IronPlanet and Cat Auction Services announce merger
Online equipment marketplace IronPlanet and the Caterpillar dealer channel for used equipment sales, Cat Auction Services, have announced a merger. The two companies promise a “unique auction experience, backed by technology.” The merger looks to be a move by IronPlanet to incorporate onsite auctions into its currently online-only format and caps off a pretty big […]
December 22, 2014
Business
Ritchie Bros. 3Q auction proceeds up, revenues down; announces management, structure changes
Ritchie Bros. says it saw a record third quarter in gross auction proceeds, posting $886.9 million for the period, up 12 percent compared to last year. The company says it achieved more than $4 billion in gross auction proceeds for the last four quarters, which is a first for the company. Adjusted net earnings, however, […]
December 3, 2014
Construction Equipment
Ritchie Bros. sets dates for annual heavy equipment mega-auction in Orlando
Ritchie Bros. Auctioneers today announced the dates for its annual multi-day equipment auction held in Orlando. Dubbed “The Big One,” the event is the largest equipment auction in the world and will be held February 16-20, 2015 at the auctioneers’s massive yard in Orlando. RELATED: Tour the largest heavy equipment auction in the world in […]
October 24, 2014
Construction Equipment
Need a military-spec’d wheel loader or dozer? New GovPlanet site offers military rolling stock starting in November
Rolling stock coming out of U.S. military inventories will start selling in November on GovPlanet, a subsidiary of online heavy equipment and truck marketplace IronPlanet. Awarded a U.S. Defense Logistics Agency contract in July, IronPlanet will use its new online auction site to dispose of between $50 to 70 million government surplus rolling stock assets. […]
September 30, 2014
Construction Equipment
Bottom drops on trencher auction sales as rental companies pursue own avenues of disposal
The number of trenchers and cable plows being sold at auction has dropped significantly over the past five years, according to the TopBid auction price service. Excluding wheel trenchers, the number of newer used trenchers and cable plows (7- years-old and newer) on the auction block went from 254 in 2009 to 107 last year. […]
June 10, 2014
Construction Equipment
How Ritchie Bros. set online records and sold $166 million worth of heavy equipment at its Orlando auction
“The Big One” has once again lived up to its name for Ritchie Bros. Auctioneers. During its huge annual auction in Orlando, Florida last week—the largest equipment auction in the world—Ritchie Bros. sold more than $166 million worth of heavy equipment. To give you an idea of how big this event is to the company, […]
February 24, 2014
Construction Equipment
IronPlanet and Mascus partner for “seamless integration” between two auction websites
Iron Planet and Mascus have announced a partnership that will result in the “seamless integration” between the two equipment auction websites. In the 13 years since its launch, Iron Planet has registered more than 1 million users and sold more than $3 billion worth of used heavy equipment. The Netherlands-based Mascus sells construction equipment, trucks […]
January 22, 2014
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