“Telehandlers have a fairly robust hydraulic system,” says Paul Hendrix, IronPlanet's equipment pricing analyst. “One group of cylinders telescopes the boom, while load leveling cylinders change the angle of the machine. You need to visually inspect all areas for damage, wear and leaks.”

Need more tips for inspecting a telehandler? Hendrix breaks it down in his interview with Tara Ninmann for Equipment Today. Check out the full article here.

PLEASANTON, Calif. (Aug. 8, 2013) – TruckPlanet(sm), an online marketplace for buying and selling used commercial trucks, today announced it will adopt a weekly auction format starting with the Aug. 15 featured auction. TruckPlanet will now host over-the-road truck auctions every Thursday at 8 a.m. Pacific Time. Since its launch, TruckPlanet has sold over 1,700 trucks and trailers – including day cabs, sleeper cabs, cargo trucks, refrigerated trucks, trailers and more -- generating sales exceeding $20 million.

“With more than 25,000 new registrations on TruckPlanet since our unveiling, we’re thrilled with the activity the site is receiving,” said Randy Berry, president of TruckPlanet. “Transitioning TruckPlanet to a weekly auction schedule gives sellers faster time to cash and provides buyers with regular access to our impressive Class 8 and commercial truck inventory.”

PLEASANTON, Calif. (Aug. 1, 2013) – IronPlanet®, a leading online marketplace for used heavy equipment, improves its patented and guaranteed equipment inspection reports with the release of a new iPad app for its field inspectors. IronPlanet offers the industry’s only guaranteed inspection reports, backed by IronClad Assurance, allowing buyers to bid on equipment with a high degree of confidence. The app improves the quality of these reports by allowing inspectors to complete reports in the field using an iPad app that provides step-by-step instructions for gathering key data based on the type of equipment being inspected.

“Since our online buyers don’t have physical contact with the equipment they’re bidding on, they rely on the data and images in our guaranteed inspection reports,” said Randy Berry, senior vice president of operations and services, IronPlanet. “Our IronClad Assurance guarantees the accuracy of these reports, and we want buyers to have access to the most detailed reports possible. This app improves the quality of our inspection reports while also reducing complexity for our field workers.”

"It's important to inspect equipment thoroughly and touch upon five different points,"

says Paul Hendrix, IronPlanet's equipment pricing analyst.

Before you buy used equipment, check the following areas:

• Mechanical
• Structural
• Cosmetic
• Features/Options
• Tires

Hendrix discusses ways to do this, as well as the state of
the rental industry and used equipment market, with Lindsey Anderson of Access, Lift and Handlers in "Going, going, gone!" Download the July/August 2013 issue here (p. 37-39)

PLEASANTON, Calif. (July 15, 2013) – IronPlanet®, a leading online marketplace for used heavy equipment, today announced the relocation of its corporate headquarters from 4695 Chabot Drive to 3825 Hopyard Road in Pleasanton, Calif. The new space offers 19,200 square feet of contiguous space.

“We are excited to move our headquarters to an updated, larger space,” said Doug Feick, Senior Vice President of Corporate Development and General Counsel, IronPlanet. “The new office has added about 6,000 square feet, which enables our employees to work in a more collaborative environment and allows for potential expansions to our business in the future.”

PLEASANTON, Calif. (June 27, 2013) – IronPlanet®, the online marketplace for buying and selling used heavy equipment, today announced it has partnered with GraysOnline, Australia’s leading online retail and auction company, to facilitate sales of excess construction and mining equipment from Australia.

With international interest outpacing regional demand, at the moment, the partnership will enable Australian sellers to more easily find buyers for their excess inventory.

"Many sellers try to sell machines with problems unbeknownst to buyers in order to get rid of lemons," says Paul Hendrix, IronPlanet's equipment pricing analyst.

Want to make sure you're not bidding on a lemon tractor? There are a few strategies you can follow. To learn more, read Paul's interview with TractorLife.com here.

Managing fleets requires ongoing diligence to ensure that underutilized equipment can be easily and quickly replaced with different items. When developing a fleet management strategy, understanding the benefits of online used equipment auctions can help fleet managers better maximize value. Maintaining equipment with its eventual sale in mind and knowing its present market value are variables that can help yield higher profits when it’s time to rotate the fleet.

To read more about the benefits of using online used equipment auctions and developing a fleet maintenance strategy, check out our Rental Management article from Paul Hendrix, equipment pricing analyst for IronPlanet.

Pleasanton, Calif. – May 15, 2013 – IronPlanet®, a leading online marketplace for used heavy equipment, will host an auction on May 16 featuring mining equipment in Ontario and Nova Scotia.

Items include a 1972 Manitowoc 4600 Vicon Dragline, an Atlas Copco DML-XL 1200 Rock Drill and a Letourneau L-950 Wheel Loader, as well as Komatsu track excavators, Caterpillar and Komatsu off-road end dump trucks, Trail King tri-axle live bottom trailers and more.

Pleasanton, Calif. – May 13, 2013 – IronPlanet®, a leading online marketplace for used heavy equipment, will host an auction on May 15 featuring trucks and trailers from R.N. Industries, a full-service fluid transportation company with specialization in the oil and gas industry.

The auction includes heavy haul Kenworth and Peterbilt cabs, Dragon 130BBL and 170BBL vacuum trailers, vacuum trucks, Mack day cabs, water trucks, flatbeds and much more. The trucks are located in Colorado, North Dakota, Utah and Pennsylvania.