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IronPlanet Announces GovPlanet: New Online Marketplace for Buying and Selling Government Surplus

PLEASANTON, Calif. – [Sept. 24, 2014] – IronPlanet®, the leading online marketplace for buying and selling used heavy equipment and trucks, today launched GovPlanetSM, an online marketplace dedicated to buying and selling used government assets. GovPlanet will be the primary marketplace for the sale of U.S. Department of Defense (DoD) rolling stock surplus assets.

“We are excited to bring our expertise as well as our over one million registered users to the government surplus market with our recently awarded contract from the U.S. Defense Logistics Agency,” said Gregory J. Owens, Chairman and CEO, IronPlanet. “GovPlanet is a compelling new platform for fast and efficient disposal of government surplus equipment that we believe will transform the way assets have traditionally been sold in this market. We look forward to working with the DoD and other public sector entities as we grow GovPlanet.”

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Posted in Press Releases, Auctions, Government Surplus

IronPlanet Announces First Ever West African Auction

Dublin, Ireland – 22 August 2014 — IronPlanet (www.ironplanet.com), the world’s leading online auction company for pre-owned construction, mining and agricultural equipment, has announced it will be holding its first ever West African online auction on September 3rd, 2014.

In conjunction with their alliance partner, GraysOnline, IronPlanet will be selling over 100 items of Surface and Mining equipment as well as a wide range of heavy construction machinery. The auction will feature machines from Caterpillar, Komatsu and many other top brands, and will contain the following specific items:

  • Komatsu PC 1250 Excavators
  • Komatsu HD 785 Mining Trucks
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Posted in Press Releases, Auctions, Mining, Construction, Industry Headlines

Connecting to a Global Marketplace

Onsite auctions are no longer the only method for buying and selling used heavy equipment. Learn how online marketplaces like IronPlanet are making it easier than ever to manage a fleet in an article from Piling Canada (p. 22-32).

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Posted in Industry Headlines

Instant Gratification: allEquip

Sometimes you may want to purchase equipment without bidding. With allEquip, our new buy-it-now
marketplace, you can purchase equipment quickly and easily at a haggle-free price. Want to learn more about allEquip?

Jeff Jeter, IronPlanet's president of the Americas, talks with Lindsey Anderson, editor, in this month's issue of Access, Lift & Handlers (p. 29-32).

 

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Posted in Auctions, Mining, Industry Headlines

Success Stories in Online Vehicle Remarketing

There are many reasons why a fleet may change its remarketing efforts, including higher returns, ease of selling, a larger buyer base and faster transactions. Learn how the City of Madison, Wis. has utilized IronPlanet to sell its equipment via Government Fleet.

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Posted in Auctions, Government Surplus, Industry Headlines

Just a Click Away

Online heavy equipment auctions offer numerous benefits for both sellers and buyers, making them a preferred option for many people around the world. However, it’s important that users understand how to have a successful transaction using an online marketplace. Learn a few tips before your next sale or purchase in our article in Rock to Road.

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Posted in Auctions

South of the Border: Equipment Demand in Developing Nations

Online auctions help sellers reach a global buyer base. In developing nations, buyers are especially interested in equipment from North America. Learn how to capitalize on this group of buyers in our Equipment Journal article, “South of the Border: Equipment Demand in Developing Nations.”

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Posted in Auctions, Industry Headlines

IronPlanet Awarded Contract for U.S. Department of Defense Rolling Stock Surplus Contract

IronPlanet®, the leading online marketplace for buying and selling used heavy equipment and trucks, today announced that it was awarded the U.S. Defense Logistics Agency (DLA) contract to manage and sell rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus Contract). The DLA issued the final contract award to IronPlanet on July 25, 2014 pursuant to a competitive bid process that was held on April 1, 2014.

Bids for the Surplus Contract were based on a percentage of the sales price of the items that bidders will share with the DLA. IronPlanet estimates $50-70 million of rolling stock annually, and its bid was equal to 75.29 percent revenue share to the DLA. The Surplus Contract has a base term of two years with four one-year renewal options. Following the bid process, Liquidity Services, Inc. (NASDAQ:LQDT) filed a bid protest with the Government Accountability Office (GAO). This protest and supplemental protests filed were denied by the GAO on July 23, 2014.

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Posted in Government Surplus, Industry Headlines

IronPlanet Launches allEquip, the New Way to Buy Used Equipment Online

IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today launched allEquip.com, an online, “buy now” marketplace of used construction equipment for sale at competitive prices.

“IronPlanet’s allEquip offers online buyers the convenience of a ‘buy now’ marketplace for the ready-to-work equipment they need now,” said Greg Owens, CEO, IronPlanet. “With a wide selection of equipment, buyers can purchase equipment online today and every day at competitive prices with confidence knowing the equipment was inspected and guaranteed. We are committed to making the buying and selling of equipment faster and easier. The allEquip ‘buy now’ marketplace gives sellers another option to sell their equipment in addition to IronPlanet’s auctions - both having access to IronPlanet’s global buyer base of over one million potential buyers."

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Posted in Press Releases

IronPlanet Partners with VeriTread to Provide the Industry’s Most Reliable Transportation Services

PLEASANTON, Calif. – May 16, 2014 – IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today announced a partnership with VeriTread, an online heavy-haul transportation marketplace, to provide IronPlanet customers with the industry’s most reliable and cost-effective shipping services.

“We are excited to partner with VeriTread to give our customers access to best-in-class prequalified transportation services,” said Greg Owens, CEO, IronPlanet. “Our partnership with VeriTread is another example of our ongoing commitment to providing our customers with innovative solutions that simplify the process of buying used equipment.”

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Posted in Press Releases

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