Today, an increasing number of equipment owners are turning to the Internet for help in disposing and acquiring machines. Why? The Internet can reach a wider number of potential buyers and sellers. Online auctions are also more efficient and convenient because they eliminate the need to travel to a physical auction.

Crane owners are among those who are taking advantage of online auctions to sell their big-ticket items. David Tobon, IronPlanet's director of crane operations, offers his insight on online auctions in the latest issue of International Cranes and Specialized Transport. View the article here (p. 44).

IronPlanet will celebrate the 14^th anniversary of its first auction this week (download the infographic for a comparison of auctions over the past 14 years).

“We’re excited to celebrate 14 years of growth since our first online auction,” said Greg Owens, CEO, IronPlanet. “We have attracted more than one million registered users around the globe and sold more than $3.5 billion of equipment over the Internet. Our success is based on our customers’ recognition that IronPlanet offers the industry’s most efficient and timely way to buy and sell used heavy equipment.”

IronPlanet held its first online auction March 23, 2000 which consisted of one seller, 32 bidders and 22 items within the construction industry. This year, IronPlanet held a four-day online auction that featured 406 sellers, 2,996 unique bidders from 78 countries and 1,795 items sold.

Held every three years, CONEXPO-CON/AGG is the construction industry’s largest and most anticipated event. We’re excited to exhibit at this year’s show, taking place March 4-8 at the Las Vegas Convention Center. The show attracts 2,400 exhibitors highlighting products and services for every imaginable construction industry niche, including mining, aggregate, concrete, lifting, asphalt, earthmoving, utilities and more. More than 125,000 attendees are expected to attend this year’s event.

During the five-day exhibition, we invite visitors to stop by booth 40064 to learn how we make used equipment buying and selling efficient and convenient. With a worldwide audience, auctions every week and a daily marketplace, we’ll show you how to turn your equipment into cash in just 30 days. We also help sellers dispose of their fleets without moving equipment from their yard to reduce shipping costs.

IronPlanet®, an online marketplace for buying and selling used heavy equipment, today announced it has surpassed 1 million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com (see infographic here).

“This is an exciting milestone for us because it demonstrates that more than 1 million users recognize IronPlanet as a trusted marketplace for buying and selling equipment,” said Greg Owens, CEO, IronPlanet. “We’ve attracted these users because of our ongoing dedication to innovation, customer service and delivering what they need: a convenient and reliable equipment solution.”

Founded in 1999, IronPlanet held its first auction March 23, 2000. By September 2009, the marketplace had attracted half a million users. Demonstrating the strong global interest in the IronPlanet online model as a tool for buying and selling, it took just over four years to add another 500,000 users. Today, IronPlanet has registered users in nearly every country and has sold more than $3.5 billion of used heavy equipment.

According to a 2013 survey by the Pew Research Center, 92 percent of Americans 30 to 49 years old and 83 percent of 50 to 64 year old adults are Internet users. And today, many people are discovering the convenience and efficiency that online equipment auctions provide.

Online equipment auctions allow sellers to get their idle or underutilized equipment in front of a global audience. And buyers can choose from a wide selection of items for construction, mining, oil and gas and agriculture without leaving the comfort of their office or home.

Understanding the state of the construction industry can help organizations make better leasing, purchasing and selling decisions. So what trends made a big impact in 2013, and what’s on the horizon for 2014?

From an increased demand for well-maintained equipment to a resurgence in residential building, there are a lot of issues that will affect equipment leasing and ownership this year. John Gougeon, Major Accounts Manager of Financial Services at IronPlanet takes a step back to analyze the state of the industry in his blog post for Equipment Finance Advisor.

Check out a recent interview between our CEO, Greg Owens, and Rental Management magazine editor, Wayne Walley. Learn more about how we make buying and selling used equipment fast and easy and the advantages of our IronClad Assurance buyer protection program.

Greg discusses how IronPlanet’s online model allows sellers to reach a global buyer base more efficiently and provides buyers access to equipment located around the world. Plus, read about the inspection and transportation processes as well as our history, strategy, and insight regarding key industry issues such as Tier 4 machines. View the full interview here or in the Feb. 2014 print issue.

IronPlanet® kicked off 2014 strong, selling $26.8 million in used heavy equipment and trucks during a four-day global auction event held Jan. 28-31.

The four-day auction included equipment listed in the U.S., Canada, Mexico and Europe. In total, 1,795 items were sold to over 1,000 buyers. Strong demand in the market was demonstrated by online bids placed from 78 different countries as well as from every U.S. state and all 10 Canadian provinces.

Our online marketplace helps equipment owners efficiently and conveniently acquire what they need. For Canadian businesses involved in the oil and gas industry, 2014 has the potential to be an active year., meaning a variety of equipment will be in demand.

So which projects in Canada will affect equipment ownership? Read our latest column in Equipment Journal by Sue McGregor, IronPlanet's Managing Director of Canada, to learn more. Our download it here: Pipeline Plans

IronPlanet®, a leading online marketplace for used heavy equipment, announced today a strategic alliance including a small minority investment with Mascus, an online marketplace for construction equipment, transportation vehicles and trucks and agricultural, forestry, material handling, equipment, headquartered in the Netherlands.

The agreement includes the seamless integration of the two sites with new remarketing services to aid the ease, speed and availability of equipment. Advertisers on Mascus will now be able to quickly and efficiently push items listed on Mascus to IronPlanet for auction, further enhancing equipment disposition and speed to liquidity. In addition, buyers on IronPlanet will have greater access to the entire inventory of listings on Mascus. Sellers of used heavy equipment are increasingly moving from traditional publications and land-based auctions to the global reach and instant access of online marketplaces like IronPlanet and Mascus. Likewise, buyers of equipment turn to the Internet to find the equipment they need at the price they are willing to pay within the quick timeframe they desire. The alliance will provide the transparency of availability, pricing and location not available in printed publications and traditional auctions.