If you have a U.S.-based company, you could save big with the Section 179 deduction limit.

Posted by IronPlanet on Dec 4, 2019 2:30:40 PM

If you're a U.S.-based business, you might know about a U.S. tax deduction called Section 179. It's been approved for the 2019 tax year – the deduction limit was doubled to $1,000,000 in 2018 and it’s unchanged for 2019! And more good news – it still applies to the purchase of used equipment.

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Ritchie Bros.’ Marketplace-E solution surpasses US$500 million in sales.

Posted by IronPlanet on Dec 4, 2019 2:25:23 PM

22,000+ items have sold through Marketplace-E since its inception.

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Topics: Trucks, Construction, Oil & Gas, Heavy Equipment, selling

Roundup: Construction News You Can Use for the Week of November 18th

Posted by IronPlanet on Nov 24, 2019 11:45:54 PM

Like expert winemakers picking grapes from the vine, we’ve hand-plucked only the finest stories for our weekly news roundup. This week’s offering includes an interesting partnership between leading robotics & construction companies, experimentation with alternative concrete designs and growth in the vinyl building material market. Read on for the full stories:

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Topics: In the News

Extreme Weather Events Challenging Infrastructure Integrity

Posted by IronPlanet on Nov 24, 2019 11:38:14 PM

According to the data, extreme weather conditions across North America have been increasing in recent years. Beyond the speculation surrounding climate change apocalypses from politicians and media stars, there are more fundamental problems stemming from this shift in climate conditions which are challenging infrastructure today, such as wider temperature fluctuations and increased rainfall. These challenges not only call into question how we build, but where we build and with what materials.

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Roundup: Construction News You Can Use for the Week of October 28

Posted by IronPlanet on Nov 3, 2019 11:32:44 PM

Welcome back to our weekly news roundup! This week brings several great stories about the future of the industry including upcoming changes in the economy, new mega projects in California, and the very-real potential of returning to the moon with autonomous mining equipment in coming decades. Read on for the full stories below:  

 

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Topics: In the News, 2019

IronPlanet Auctions Zac Brown’s Custom Mack Truck Tractor for Charity

Posted by IronPlanet on Oct 29, 2019 8:54:40 PM

Country music fans and truck enthusiasts are joining forces with IronPlanet for an exciting charity auction this fall season. Helmed by Grammy Award winning artist Zac Brown of the Zac Brown Band, a custom designed Mack Anthem truck tractor is going up for auction on Marketplace-E with all proceeds going to Zac’s Camp Southern Ground for children and veterans. This is your chance to grab a tricked-out, one-of-a-kind truck while supporting a great cause. The auction launches October 28th and will end November 30th.

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Topics: Trucks, Auctions, 2019

Roundup: Construction News You Can Use for the Week of October 21st

Posted by IronPlanet on Oct 25, 2019 6:25:52 PM

Welcome to our weekly news roundup! Considering our featured stories are centered around several big successes and innovations in the construction industry, we’ll be learning from some of the best in the business this week. Top stories include New Mexico topping the nation in energy efficient job growth, highlights of an effective playbook for drawing young people to construction work and the results of the Nevada Contractors Association's Contractor of the Year Awards. Read ahead for the full reports:

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Topics: In the News, 2019

John Deere Announces Acquisition of Unimil, a Sugarcane Harvester Parts Provider from Brazil

Posted by IronPlanet on Oct 23, 2019 6:21:53 PM

John Deere recently signed an agreement to purchase Unimil, a Brazilian company specializing in aftermarket parts for sugarcane harvesters. In the announcement, President of Deere’s Worldwide Agriculture and Turf Division in the Americas Cory Reed recognized Unimil’s outstanding reputation in the sugarcane business, and praised their cultivation of a loyal client base through “excellent service and products.” Should the deal go through as expected, the joint companies will further expand John Deere’s reach into the expansive sugarcane industry of Brazil.          

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Topics: Press Releases, 2019

The clock is ticking on a prime time to sell equipment.

Posted by Andrew Engelhardt on Oct 23, 2019 3:17:57 PM

As the year starts to wind down, it’s time to start tidying up the books for 2020. And if you need to sell equipment and trucks, now is the time to do it, while demand is high and before your assets are another year older – and depreciate further.

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Topics: selling, contractors

Roundup: Construction News You Can Use for the Week of October 14th

Posted by IronPlanet on Oct 20, 2019 11:49:06 PM

Welcome back to our weekly news roundup! This week brings several interesting stories on new, disruptive technologies, the launch of exciting construction projects and more. Keep yourself up to date with all the latest industry happenings below:

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Topics: In the News, 2019