On Wednesday, IronPlanet marketplace Cat Auction Services hosts its first event of the fall: a live, unreserved public auction in Des Moines, Iowa, hosted by Ziegler Cat. This exciting auction features over 430 low-hour, late-model items with attractive starting bid price points. If you're attending in person, be sure to register ahead of time and preview equipment onsite over the next few days if interested. If you're planning to bid online, all items are now available to view on IronPlanet.com along with our guaranteed inspection reports. (Plus, don't miss the 9/30 sale on GovPlanet!)

Some of the items up for auction at the sale:

2013 John Deere 824K Wheel Loader
Lot #274, 1,933 Hours. Enclosed Cab, Air Conditioner, Heater, Tilt Steering, Autoshift, Ride Control, Rear View Camera, 26.5R25 Tires, Fenders, 127" Wide General Purpose Bucket, Ultra Low Sulfur Diesel. See more

This week in interesting industry headlines:

PLEASANTON, Calif. – 

Ahead of the all-Humvee auction on Wednesday, browse details and inspection reports for the 300 Humvees available on GovPlanet! All vehicles are priced with a $7,500 opening bid; HMMWVs are great for off-roading, hunting, camping, and more, and these are in excellent condition. 

Curious about what will happen after you win a Humvee at auction? Read our guide to buying a demilitarized Humvee online. As part of our exclusive contract with the Defense Logistics Agency and the Department of Defense, GovPlanet is now able to offer Form SF97s for Humvee sales, which means buyers will be able to get a vehicle title for off-road driving. Previously, Humvees were sold with a bill of sale only. Learn more about SF97s here.

Tomorrow's U.S. Marine Corps surplus equipment auction, the first of its kind at IronPlanet, is packed with items our equipment analyst Paul Hendrix is calling "in pristine condition," including "Cat D7G’s that are literally time capsules from the mid-1980’s, no electronics, just bares bones cable and linkage controls, Cat 3306 engines; arguably one of the best diesel engines ever produced." 

The impressive package's numbers back up Hendrix' high praise:

• 1982: Year the oldest Cat D7G for sale was made
• 83: Hours the 1982 Cat D7G crawler tractor has on the meter
• 167: Number of items for sale made before 1990

Beginning tomorrow, September 22, IronPlanet's End-of-Quarter sale promises to be a huge event, with over 2,800 items ready to preview now. Four notable packages to watch closely:

• U.S. Marine Corps Sale: September 22
• All-Humvee Sale: September 23
• 2006-2007 Volvo Tractors: September 24-25
• Aggregates-West LLC (Quarry & Aggregate) Liquidation: September 24-25

Here's a sampling of some of the exciting items up for auction this week: 

1982 Cat D7G Crawler Tractor
Item #640806, 4 Hours. 12' Straight Blade w/Tilt, Enclosed Cab, Heater, Rear Screens, Lever Steering Controls, Ripper Hydraulics, 24” SG Shoes. See more

1994 AM General M998A1 Humvee HMMWV
Item #611544, 18,929 Miles. 6.2L Diesel Engine, 4x4, 7,880 GVWR, 4 Door, Soft Top, Cargo Cover, Cargo Cover Bows, Cargo/Troop Carrier Body, 37x12.50R16.5 Tires. See more

Interesting industry headlines from this week: 

Caterpillar CEO: Economy not pushing Fed to hike [CNBC.com]

"If the Federal Reserve were to increase interest rates by a quarter of a percentage point Thursday, the worst-case-scenarios won't materialize, said the leaders of two U.S. companies with a combined stock market value of about $124 billion." Read more

Powerful environmental group sues Mass. over gas pipeline [BostonGlobe.com]

"The environmental group sued the state utility regulator for approving three contracts to buy natural gas on a pipeline planned by Kinder Morgan. The CLF said the pipeline would bring in more gas than the state needs." Read more

UK's mining industry is revived -- by Australians [The Independent] 

"Ask people about British mining and many are likely to imagine striking coal miners on picket lines, shouting anti-Thatcher slogans and clashing with police. It is a measure of the industry’s inertia in this country that it this remains the lasting image a good 30 years on – for some, the scars have still not fully healed. But Wolf Minerals, a little-known Australian company which is listed on London’s Alternative Investment Market, is preparing to inject life into the UK’s dormant mining industry." Read more

While shopping IronPlanet's enormous end-of-quarter sale on September 24 and 25, don't miss the Aggregates West LLC package: a single-owner complete liquidation of quarry and aggregate equipment from AggWest's yards in rural Washington State. AggWest, the operators of Washington's Lummi Island quarry, have just over 50 items up for auction in this package, including many late-model and low-hour machines with competitively-priced starting bids. Other don't-miss packages coming up: our first U.S. Marine Corps sale on September 22, and an all-Humvee sale on GovPlanet on September 23. All items are now available to preview and bid!

Some of the exciting items in this package: 

Champion 760 Motor Grader
Item #643182, 348 hours. Enclosed Cab, Heater, 16.00R24 Tires, 14' Moldboard. See more

PLEASANTON, Calif. – IronPlanet^®, the leading online marketplace for buying and selling used heavy equipment and trucks, today announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.

“IronPlanet is continuing to build on the momentum we’ve gathered over the last year and this new financing will help fund our future growth,” said Gregory J. Owens, IronPlanet Chairman and CEO. “Since last September, we’ve entered two new verticals, oil and gas, with the purchase of Kruse Energy and Equipment Auctioneers, and government surplus, which we launched as GovPlanet. In April, we merged with Cat Auction Services which strengthened our relationship with Caterpillar and their dealers globally and added an onsite component to our sales channels.

“We have built the leading online marketplace for used heavy equipment and trucks and continue to augment our leadership position with asset management solutions for large and small businesses alike by leveraging our 1.4 million registered users worldwide and the demand generated by this global reach,” continued Owens.

The new credit facility has a five year maturity. SunTrust Bank was the administrative agent and SunTrust Robinson Humphrey served as Lead Arranger. Syndicate members are SunTrust Bank, Capital One, JPMorgan Chase Bank, N.A., Regions Bank and Silicon Valley Bank.

Orrick, Herrington & Sutcliffe LLP represented IronPlanet and Jones Day represented SunTrust in the transaction.

PLEASANTON, Calif. – IronPlanet^®, the leading online marketplace for buying and selling used heavy equipment and trucks, will hold its end-of-quarter auctions across its online marketplaces from September 22 – September 25, 2015. The auctions will feature more than 1,900 items for sale, including quality late model, low hour construction equipment and military surplus.

Building upon the momentum and growth of its GovPlanet marketplace, IronPlanet will also hold its first consecutive, two-day government surplus equipment sale on Tuesday, September 22 and Wednesday, September 23, 2015. Day one features its first online auction of U.S. Marine Corps surplus used construction equipment. The sale will feature construction equipment in excellent condition, many with less than 1,000 hours and some with less than 500 hours. IronPlanet will also hold its first “Fall All-Humvee” sale.

USMC Featured Items:

IronPlanet is proud to present our first-ever sale of U.S. Marine Corps surplus heavy construction equipment! Next week, on September 22, you'll have what our analysts are calling a "once-in-a-lifetime" opportunity to buy from this package of low-hour equipment in pristine condition, including Cat D7G crawler tractors with the legendary Cat 3306 engine, Cat 130G motor graders, and more-- many with under 1,000 hours clocked. 

"This group of machinery is unlike anything I have seen in my 28 years in the equipment business," Paul Hendrix, Equipment Pricing Analyst at IronPlanet, says. "I had the good fortune of being able to go to Barstow, California. in June to inspect this gear personally and much of this equipment is as pristine as the day it rolled off the assembly line. I saw Cat D7G’s that are literally time capsules from the mid-1980’s, no electronics, just bares bones cable and linkage controls, Cat 3306 engines; arguably one of the best diesel engines ever produced."

"It’s not every day that someone has the opportunity to buy a piece of history," Hendrix continues. "An unused 31-year-old Caterpillar dozer, an unused 28-year-old Caterpillar motor grader, an unused 27-year old-Case dozer…..and more."  

All equipment in this unique package is now available for preview and advance bidding! Unlike Humvees or other restricted equipment under our contract with the DLA, this equipment does not have end-user certification requirements. It's a fantastic opportunity to buy high-quality, well-maintained machinery from the U.S. Marine Corps at excellent prices. 

Some of the equipment available to purchase on Tuesday, September 22: 

Cat D7G Crawler Tractor
Item #640809, 32 Hours. 12' Straight Blade w/Tilt, Enclosed Cab, Heater, Rear Screens, Lever Steering Controls, Ripper Hydraulics, 24” SG Shoes. GovPlanet will mount a ripper attachment, from this sale to this Cat D7G, for a fee of $1200 plus any additional parts needed. See more

In need of oilfield equipment? Kruse Energy's live and online auctions are a great way to get quality equipment at good prices-- and you won't have to wait long for your chance to bid, with another auction coming up this week. Kruse's September 16 sale, in Duncan, Okla., features over 1,300 oilfield-quality tri-cone drill bits, from 26" to 2-7/8", TCIs and milltooths, both sealed and open bearing, including 169 unused bits and 111 PDC bits. Browse the catalog online now, and be sure to register to bid early. 

This week in interesting industry headlines: 

John Deere, other equipment manufacturers say new law interferes with existing contracts [Fox Business]

"John Deere and other farm and heavy equipment manufacturers told the New Hampshire Supreme Court on Thursday that a new state law looping them into protections designed for automobile and truck dealers unconstitutionally interferes with their existing and future contracts with dealers." Read more

XPO Logistics to buy trucker Con-way in $3B deal [CNBC]

"XPO Logistics said it would buy trucking and logistics company Con-way for $3 billion, including debt, making it the second largest provider of less-than-truckload services in North America." Read more

U.S. court finds EPA was wrong to approve Dow pesticide harmful to bees [Reuters]

"A U.S. appeals court ruled on Thursday that federal regulators erred in allowing an insecticide developed by Dow AgroSciences onto the market, canceling its approval and giving environmentalists a major victory." Read more

Sue McGregor, Managing Director of Canada, IronPlanet, discusses how to maximize your chance of a successful sale of your equipment on Page A14 of Equipment Journal here.

IronPlanet discusses the best strategy for equipment aquisition, management and disposition on Page 42 of Supply Post here.

This Thursday, IronPlanet's weekly featured auction includes an exciting package from Higgerson-Buchanan, of Chesapeake, Virginia. The package includes dump trucks, construction equipment, shop supplies, and F150 work service trucks. (More details here) On top of the Higgerson-Buchanan sale, Thursday's auction features several 2005 Volvo A30D articulated dump trucks in excellent condition. All items are available now to preview, and be sure to read inspection reports and get financing (if needed) arranged ahead of auction day. 

(Photo: From left to right, the ringmen of Kruse Energy: Kenny Garman, Jim Richie, Dylan Hall, Frank McGrade, Marty Hill)

Kenny Garman, one of Kruse Energy’s ringmen and a big believer in the time-honored live auction tradition, knows exactly what he’s looking for when he scans a room full of buyers.

“When they lean forward. They’re all sitting in chairs behind rows and rows of tables, their books are open, they’re talking to their neighbors. But when you see someone stop talking to his friend, look at his book, and lean forward to look at the picture of the item up for purchase, you know they’re going to get in,” he says. “It’s all about body language.”

A ringman’s job is to be among the buyers, spotting bids and communicating these bids with the auctioneer. The job is challenging, fast-paced, and a genuine joy for those ringmen who love the interaction. Beyond spotting bids, they’re also informally tasked with monitoring the energy of the room and hope prices continue to rise in the market place. Down in what Kenny calls “the trenches,” he simultaneously tries to get bidders a good deal while helping sellers maximize their profits.

“It’s all split-second decisions, and everything happens really fast. You’ve got to really read the bidder,” Kenny says. “You’re talking to the bidders, pressing the flesh. You’re in there figuring out their emotions and thoughts, trying to convince them why they should be bidding.

This week's featured auction has over 800 low-hour, late-model equipment for sale, including an exciting package from Finning, the largest Cat dealer in the world! (For more from Finning, watch for the October sale-- details available here.) All items are available for preview and advance bidding now, so be sure to read the inspection reports and get financing in order ahead of Thursday's auction start time. 

Some of the highlighted items in this week's auction:

2012 John Deere 410ET Articulated Dump Truck
Item #599507, 1,714 Hours. Exhaust Heated Bed, Tailgate, Traction Control, Air Conditioner, Heater, Rear Camera, 29.5R25 Tires, Engine Air Shut-Off Valve, Ultra Low Sulfur Diesel. See more

On Thursday, September 10, IronPlanet and TruckPlanet are hosting a one-owner sale featuring a liquidation package from Higgerson-Buchanan of Chesapeake, Virginia. Included in the package are dump trucks, construction equipment, shop supplies, and F150 work service trucks. All items are available now for online preview and bidding, with in-person preview by appointment on September 2 to 3. As always, the equipment is backed by our IronClad Assurance-- so you can bid confidently, knowing the machines you buy are represented accurately in the inspection reports available on every item listing.