CNH reports increased sales, profits in third quarter

Posted by IronPlanet on Dec 2, 2011 3:50:00 AM

Construction equipment manufacturer CNH Global N.V. has announced that its third-quarter sales jumped 30 percent this year. Revenue from sales for the brand rose to $4.6 billion in the third quarter.

While the sales were up sharply, profits were ultimately up even higher for CNH. Increased demand for equipment coupled with improved prices meant that operating profit jumped 92 percent, to $460 million.

Agricultural equipment accounted for the majority of sales for CNH, comprising 77 percent of all units sold, with the remaining being construction equipment. However, the construction equipment sales improved more dramatically than the agricultural products - up 36 percent compared to 29 percent.

Read More

Topics: Construction, Industry Headlines

Construction spending rises in October

Posted by IronPlanet on Dec 2, 2011 2:45:00 AM

Although spending on construction is still down from previous levels, the Commerce Department revealed that it was up slightly in October, reports The Washington Post.

Read More

Topics: Construction, Industry Headlines

An extended service plan can give you peace of mind when buying online

Posted by IronPlanet on Nov 28, 2011 2:23:00 AM

When buying used construction equipment or used agriculture equipment online, it can be difficult to have faith that your item is exactly as described on the page. IronPlanet has taken extensive steps to ensure that you can enjoy peace of mind. Beyond IronClad Assurance, which guarantees a piece of equipment has been thoroughly reviewed by a knowledgeable inspector, you may also choose from several different extended service plans.

Read More

Topics: Construction

Buying long-distance? Transportation options for your far-away equipment

Posted by IronPlanet on Nov 28, 2011 2:20:00 AM

If you're looking to buy cranes, mining equipment, and agricultural equipment or used oil and gas equipment online, you may be concerned about geographic limitations. These can be very large items, and getting them from one end of the country to the other - if not across an ocean - may seem like a difficult task. However, IronPlanet offers a number of equipment transportation services throughout North America to help get your equipment where it needs to be quickly and safely.

Read More

Topics: Mining, Oil & Gas

IronPlanet helps you navigate a title transfer with ease

Posted by IronPlanet on Nov 28, 2011 1:42:00 AM

On a typical auction site, the buyer and seller are expected to discuss an item's title transfer on their own - depending on the state, this can prove to be a somewhat complex undertaking, since you may end up having to submit quite a few forms before it can go through. However, IronPlanet differs in that all aspects of title transfer are handled on-site, which can do wonders for your peace of mind. Buying used agriculture equipment, used trucks or even used backhoe loaders becomes a painless process.

Read More

Topics: Trucks

Ensure that you have the right trucks for storage and transportation

Posted by IronPlanet on Nov 27, 2011 6:08:00 PM

Most construction projects simply can't be done without a reliable armada of trucks to store and transport necessary materials. Whether you're hauling tools in the bed of a pickup, dropping dirt into a dump truck or moving goods on a flatbed, these are definitely vehicles that you don't want to skimp on. If you've got a big job coming up, it may be time to think about upgrading your trucks.

Read More

Topics: Trucks

Consign equipment that you need out of sight

Posted by IronPlanet on Nov 27, 2011 5:15:00 PM

If you have a big construction project coming up, you may have taken a look at your equipment and realized that the time to buy new vehicles has arrived. Upgrading your used dump trucks, welders or scrapers may be a worthwhile investment - they'll run more efficiently, which can make it possible to take on more jobs in the future.

Read More

Topics: Trucks

Farmers care more for produce quality than certification

Posted by IronPlanet on Nov 22, 2011 12:48:00 AM

Since 2002, the U.S. Department of Agriculture has tightly regulated whether farms can call their produce organic or not. While the organic market has gotten significant press over the past few years with more people wanting a healthy lifestyle, USA Today reports that today's farmers are more concerned with the quality of their product.

Read More

Topics: Industry Headlines

New report suggests insurance climb for the construction sector

Posted by IronPlanet on Nov 22, 2011 12:46:00 AM

Those in the construction business may begin to notice an increase in the cost of their insurance plans, which may cause them to look for better deals in other areas of the business.

Read More

Topics: Construction, Industry Headlines

ABC sees gradual growth for the construction industry

Posted by IronPlanet on Nov 21, 2011 12:57:00 AM

A new forecast from the Associated Builders and Contractors (ABC) predicts that although next year will be slow in terms of construction opportunities, it will be a gradual increase in compared to this year.

"Nonresidential construction spending is expected to grow 2.4 percent in 2012 following a 2.4 percent decrease in 2011," said Anirban Basu, the chief economist for ABC. "The pace of recovery in the nation's nonresidential construction industry remains soft and 2012 is positioned to be a year of slow gain."

Read More

Topics: Construction, Industry Headlines