Known as an industry-leader when it comes to heavy equipment auctions, Ritchie Bros. is hitting the gas in the collector car auction world. Leake Auction Company, an Oklahoma-based collector car auctioneer established in 1972, is joining the Ritchie Bros. family.
More than 12,800 equipment items and trucks will be sold this week (February 19 – 24) in Orlando, FL—the most items Ritchie Bros. Auctioneers has ever sold in a single auction, and IronPlanet is here to partake in the festivities. In fact, all the Ritchie Bros. brands are here for the big event: GovPlanet, TruckPlanet, Kruse Energy Auctioneers, SalvageSale, Leake Auction Company, Mascus, and our newly launched Marketplace-E.
When it comes to buying a farm tractor, farmers know what they need - whether it's a 4WD tractor, a MFWD tractor, or a tracked tractor with a specific number of hydraulic outlets to run a scraper, air drill or other farm attachments.
Looking for a truly multi-purpose piece of heavy equipment for your next project? The loader backhoe, a melding of tractor, excavator and loader, is considered by some to be the Swiss army knife of heavy equipment. It can dig, back-fill, handle material and, with the right attachments, carry out even more tasks. Loader backhoes are compact and versatile enough for everything from construction and demolition to landscaping and road building.
Company declared apparent high bidders for Defense Logistics Agency non-rolling stock contracts.
For the past three years, Ritchie Bros.’ GovPlanet marketplace has been helping the U.S. Department of Defense’s (DoD) Defense Logistics Agency (DLA) sell thousands of its surplus rolling stock assets. Now Ritchie Bros. is expanding its relationship with the government agency, after being declared apparent high bidder for two new contracts with the DLA, to purchase, manage and sell non-rolling stock surplus assets for both its East and West regions. The contract has a base term of two years with four one-year renewal options.
Ray Mullen opened his construction business 41 years ago in Northern New Jersey. Shortly after the company opened, the county where his company was located experienced a housing boom and his company boomed along with it. Specializing in site work, road construction, sewer, watermain and storm drain installation, as well as curbing and paving, D.R. Mullen Construction Company Inc. was busy, growing to 35 employees.
If you’re American and you purchase trucks or equipment for your U.S.-based business, you might know about a U.S. tax deduction called Section 179. It’s been approved for the 2017 tax year and now eligible to use, but figuring how to take advantage of Section 179 can be dizzyingly complex unless you’re a professional accountant.
A wide variety of motor graders are bought and sold online at IronPlanet and at Ritchie Bros. onsite auctions each year. If you’re planning to buy a used motor grader, make sure your inspection list includes a thorough look at these five motor grader components.
Truck drivers depend heavily on their trucks. It's their livelihood and, for long-haul drivers, it can be their home away from home. This extremely interdependent relationship between drivers and their trucks quickly turns even the greenest of drivers into truck experts.
A look at this highly popular – and easy – method of buying.
When it comes to shopping for used heavy equipment, trucks and other industrial assets, many buyers limit themselves to buying channels that they’re comfortable and/or familiar with: private sellers or dealers and brokers.