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Tag: heavy equipment auctions: Page 3
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
Construction Equipment
Proxibid’s live heavy equipment auctions are coming to eBay
eBay and Proxibid announced at World of Concrete plans to integrate Proxibid’s live equipment auctions into the eBay marketplace. The partnership agreement enables eBay’s 155 million buyers to access new inventory previously available only via Proxibid, which handles nearly $3 billion annually in big ticket items such as heavy construction equipment and industrial machinery. eBay […]
February 5, 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
Business
Ritchie Bros. boosts revenues, doubles profit in 3Q
Ritchie Bros. Auctioneers announced today a sizable gain in revenues in the third quarter and a huge profit increase. The company brought in auction revenues of $105.8 million. That’s a 15-percent increase from the same period last year. Meanwhile, profit grew 101 percent to $16.4 million. When excluding the after-tax effects of excess property sales and […]
November 5, 2013
Construction Equipment
Ritchie Bros. Auctioneers becomes reality TV star in new Canadian TV show “Selling Big”
Our friends at Ritchie Bros. Auctioneers have been featured on TV many times before, but now they are officially Canadian TV stars. The recently-launched Cottage Life channel, a Canadian cable network with shows that cover DIY, cooking, entertaining, real estate and outdoor living, is currently airing a 13-episode series called “Selling Big.” The series stars […]
September 9, 2013
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