IronPlanet Blog

Ritchie Bros.’ GovPlanet expands relationship with U.S. Department of Defense.

Posted by IronPlanet on Dec 6, 2017 8:57:19 AM

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.

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IronPlanet to conduct retirement auction for 41-year-old New Jersey construction company

Posted by IronPlanet on Dec 1, 2017 11:56:26 AM

 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.

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Topics: Auctions, Construction, 2017

It’s that time again: make Section 179 work for you and save thousands by financing equipment

Posted by IronPlanet on Nov 23, 2017 10:47:27 AM

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.

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Topics: Heavy Equipment, Finance, 2017

Inspection tips: five things to look for when buying a used motor grader.

Posted by IronPlanet on Nov 13, 2017 8:30:00 AM

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.

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Topics: Construction, Inspections, ironplanet, 2017

Inspection tips: five things to look for when buying a used truck tractor.

Posted by IronPlanet on Nov 6, 2017 8:30:00 AM

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.

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Topics: Trucks, Inspections, transport, ironplanet, 2017

Top 10 reasons to buy used equipment at an online or onsite auction.

Posted by IronPlanet on Oct 31, 2017 11:44:44 AM

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.

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Topics: Construction, Heavy Equipment, IronClad Assurance, 2017

Inspection tips: 5 things to look for when buying a used excavator.

Posted by IronPlanet on Oct 26, 2017 12:09:30 PM

If you're looking for a used hydraulic excavator, check out the selection available for sale online at IronPlanet.com and at Ritchie Bros. unreserved onsite auctions. But before you head out to inspect the machine you want, check for these five things to help determine the value of an item you're interested in buying and avoid unexpected repairs or replacement costs.

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Topics: Heavy Equipment, Inspections, ironplanet, 2017

New financing solutions for IronPlanet customers

Posted by IronPlanet on Oct 19, 2017 3:15:11 PM

Ritchie Bros. Financial Services (RBFS) is now serving as a preferred financing provider to IronPlanet customers.

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Topics: Heavy Equipment, Finance

U.S. Department of Defense extends and expands relationship with IronPlanet

Posted by Jason Keller on Oct 19, 2017 10:10:37 AM

For the past three years, our GovPlanet marketplace has been helping the U.S. Defense Logistics Agency (DLA) sell thousands of its surplus assets. After seeing consistently strong returns, the DLA has extended its contract with GovPlanet until at least September 2018.

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Topics: Government Surplus, military

75 parcels of Saskatchewan farmland selling on our Daily Marketplace

Posted by Jason Keller on Oct 18, 2017 9:51:15 AM

The Saskatchewan Ministry of Agriculture is selling farmland through the IronPlanet Daily Marketplace. In total, 48 lots containing 75 parcels of land are available to be purchased. Bidding opens October 23rd and will close on November 6, 7, and 9, 2017.

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Topics: Canada, 2017, farmland, real estate

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