PLEASANTON, Calif. and EAGAN, Minn. – March 23, 2015 – IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, will hold auctions on IronPlanet and across all of its marketplaces this Wednesday through Friday, as well as hold a joint live unreserved public auction with Cat Auction Services in Des Moines, Iowa, on Wednesday, March 25, 2015.

“This week marks our end-of-the-quarter auctions at IronPlanet across all of our marketplaces,” said Jeff Jeter, IronPlanet President. “In addition to our online auctions this week, we are excited to build on the success of our Florida onsite auction where we had the best selection of low hour, late model Caterpillar equipment. This week we will be holding our second joint event with Cat Auction Services, hosted by Ziegler Cat in Des Moines, to benefit our customers in the upper midwest. Likewise, it is an exciting week with Kruse hosting a big two-day oilfield equipment auction in Oklahoma City.”

IronPlanet Chairman and CEO, Gregory J. Owens, recently spoke with Construction Equipment Guide following the announcement that IronPlanet and Cat Auction Services signed an agreement to merge. Owens reflects on IronPlanet’s recent growth and the benefits that larger auction marketplaces provide to buyers and sellers. Read it here.

Curious about how you can acquire surplus assets of the Department of Defense (DoD)? Military Vehicles Magazine interviewed Randy Berry, Senior Vice President of Operations and Services for IronPlanet, to learn more about the recently-launched GovPlanet. Read more here.

PLEASANTON, Calif. – October 29, 2014 –GovPlanet^SM, 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.”

Is buying and selling surplus military vehicles a hobby of yours? John Adams-Graf, Editor for Military Vehicles Magazine and Military Trader, takes a look at how IronPlanet will take over selling surplus stock for the Defense Logistics Agency (DLA).

Read the full post via Military Trader here.

PLEASANTON, Calif. – [Sept. 24, 2014] – IronPlanet®, the leading online marketplace for buying and selling used heavy equipment and trucks, today launched GovPlanet^SM, 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.”

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.

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.

IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today announced it is the apparent high bidder pending final confirmation and award for a contract with the U.S. Defense Logistics Agency (DLA) to manage and sell rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus Contract). Bids for the Surplus Contract were based on a percentage of the sales price of the items, which IronPlanet estimates at $50-70 million of rolling stock annually. IronPlanet’s high 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.