Tag: equipment auction

Dealers

Rouse Services: Used equipment prices continue downward trend in 3Q

In its October Equipment Report, Rouse Services notes that 2019 used equipment values “have been characterized by some downward movement, primarily within the auction channel.” Rouse says the trend first surfaced in February’s major auctions, with heavy earthmoving machines — particularly excavators — the first to be affected. Since then, similar patterns have also appeared […]

November 4, 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

IronPlanet’s annual Florida Cat Auction to use new technology for mobile, online users

IronPlanet’s 2017 Florida Cat Auction Services Unreserved Public Auction, set for Feb. 13-17, will feature its new LiveStream platform, as well as EventHero’s event management and vendor CRM services to facilitate online and mobile access and transactions. St. Augustine, Florida-based Caterpillar dealer Ring Power Corporation is hosting the auction that will feature “late-model, low-hour equipment” […]

January 24, 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

Construction Equipment

IronPlanet expands Florida public auction to 5 days to accommodate more sellers

Online equipment marketplace IronPlanet recently announced that it has added a fifth day to its annual unreserved public auction in Kissimmee, Fla., in order to accommodate additional sellers. Previously scheduled For Tuesday, Feb. 9 through Friday, Feb. 12, the auction will now begin Monday, Feb. 8. Just more than a year removed from its merger with Cat […]

January 26, 2016

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

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