IronPlanet to Showcase U.S. Military Humvees in Kissimmee, Florida, Feb. 11-13

PLEASANTON, Calif. – Jan. 28, 2015 – IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, will showcase U.S. military Humvees in Kissimmee, Fla., Feb. 11 – 13 at IronPlanet’s joint live unreserved public auction with Cat Auction Services. The Humvees will be sold by GovPlanet, an IronPlanet online marketplace for buying and selling used government assets, during its Feb. 18 auction at www.govplanet.com.

IronPlanet will donate a portion of the proceeds from the sale of these showcased Humvees to Folds of Honor, a not-for-profit organization that provides post-secondary educational scholarships and assistance to the families of the military service men and women killed or disabled while in active service to America.

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Posted in Press Releases, Auctions

IronPlanet and Cat Auction Services Hold Joint Auction, Feb. 11-13


PLEASANTON, Calif. and EAGAN, Minn. –
Jan. 20, 2015 – IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat® dealers, that operates under the name of Cat Auction Services (“Cat Auction Services”) will hold a live unreserved public auction in Kissimmee, Fla., Feb. 11-13 with more than 1,000 items up for bid. All of the equipment will be backed by IronPlanet’s IronClad Assurance® buyer protection program.

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Posted in Press Releases, Auctions

Why Use a Vehicle Auction?

Used truck auctions allow buyers to purchase a variety of trucks and give sellers a platform to reach buyers around the world. David Kolman of VehicleServicePros.com interviewed Paul Blalock, Vice President of Sales for TruckPlanet, to learn more about the advantages of truck auctions and guidelines for buyers and sellers. Read the article here.

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Posted in Trucks, Auctions, Industry Headlines

IronPlanet and Associated Auction Services dba Cat Auction Services to Merge

IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat® dealers, that operates under the name of Cat Auction Services (hereinafter referred to as “Cat Auction Services”), confirmed today that they have signed an agreement to merge the two companies. Once combined, IronPlanet and Cat Auction Services will provide buyers and sellers of used heavy construction equipment a unique auction experience, backed by technology, services and equipment expertise unmatched in the industry.

“I am very excited about the combination of IronPlanet and Cat Auction Services, two trusted partners in helping buyers and sellers with their used heavy equipment acquisition and disposition needs,” said Gregory J. Owens, IronPlanet Chairman and CEO. “The power of IronPlanet’s technology, multiple marketplace formats and global buyer base coupled with Cat Auction Services’ live, onsite auction format and deep equipment expertise will provide the most powerful and complete suite of auction remarketing tools in the industry.”

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Posted in Press Releases, Auctions

GovPlanet’s Initial Sale of Military Humvees Draws Record Attendance

PLEASANTON, Calif. – Dec. 18, 2014 – GovPlanetSM, an online marketplace dedicated to buying and selling used government assets, sold the first set of High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, made available to the public by the U.S. Department of Defense (DoD) at its online auction yesterday, December 17. The event attracted more than 111,000 unique visitors, and final sale prices for the 25 Humvees were as high as $41,000.

“The interest in the Humvees was very strong, exceeding our expectations in terms of participation and pricing,” said Randy Berry, senior vice president, operations and services for parent company IronPlanet. “Our online auction drew record attendance and a record number of bidders – many first-timers – to govplanet.com. We are looking forward to selling more Humvees and other equipment from the DoD as our GovPlanet marketplace continues to grow in 2015.”

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Posted in Trucks, Press Releases, Auctions

GovPlanet To Sell Military Humvees At Dec. 17 Online Auction

PLEASANTON, Calif. – Dec. 4, 2014 – GovPlanetSM, an online marketplace for buying and selling used government assets, announced today that buyers can start viewing and bidding on used High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, for sale during its Dec. 17 online auction.

“We will be offering military Humvees of various model years and configurations all backed by the industry’s only guaranteed inspection reports,” said Randy Berry, senior vice president, operations and services for parent company IronPlanet. “Our GovPlanet.com marketplace combined with IronPlanet’s IronClad Assurance buyer protection is making it easier than ever for people to buy used government assets online confidently and conveniently.”

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Posted in Press Releases, Auctions

GovPlanet’s Inaugural Auction Reaches Buyers in 16 Countries and 27 States

Vice Admiral Mark Harnitchek and Greg Owens at IronPlanet headquarters on auction day.

GovPlanetSM, an online marketplace dedicated to buying and selling used government assets, sold 158 inspected items from U.S. Department of Defense (DoD) surplus rolling stock at its first online auction held on November 19 at GovPlanet.com.

“The success of our inaugural GovPlanet sale demonstrates the power of our global online marketplace and ability to deliver results for the government sector,” said Gregory J. Owens, Chairman and CEO of parent company IronPlanet. “Our Internet model and exclusive guaranteed inspection reports deliver a more efficient and profitable way for the U.S. Defense Logistics Agency and other government agencies to manage their surplus assets.”

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Posted in Press Releases, Auctions

CV4-R rolling along, gaining speed

Defense Logistics Agency Disposition Services' field sites have gathered close to 1,000 pieces of used heavy construction equipment valued at more than $55 million. This article highlights the process GovPlanet takes to help sell the rolling stock. The first auction is November 19. Read more here.

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Posted in Auctions, Industry Headlines

GovPlanet to Host First Online Auction on November 19

PLEASANTON, Calif. – October 29, 2014 –GovPlanetSM, an online marketplace dedicated to buying and selling used government assets, announced that buyers can start viewing and bidding on U.S. Department of Defense (DoD) rolling stock surplus assets beginning today. The first auction on November 19, 2014, will feature over 175 inspected items many of which are available for preview now on www.govplanet.com. GovPlanet.com will serve as the primary marketplace for the sale of DoD rolling stock surplus assets.

“We are excited to bring our online marketplace and global buyer base to the government sector for used equipment, including the industry’s only guaranteed inspection reports,” said Gregory J. Owens, Chairman and CEO of parent company IronPlanet. “With our nearly 15 years of online auction experience and a worldwide audience of more than one million registered users, we are looking forward to making it easier than ever to buy and sell used government equipment online.”

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Posted in Press Releases, Auctions, Government Surplus

Saving Time & Money at Auctions

With TruckPlanet, buying and selling used commercial trucks has never been easier. Work Truck magazine explores the history and advantages of TruckPlanet here and in the September issue.

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Posted in Trucks, Auctions, Industry Headlines

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