Sue McGregor, managing director of Canada, IronPlanet,  shed some light on a few of the most important things to consider when purchasing used heavy equipment with Equipment Journal p. A11 here.

Save the date! IronPlanet is pleased to partner with Auctions America's Collector Car Auction in Fort Lauderdale, FL on April 1-3!

Celebrating its 14th year in 2016, Auctions America's well-established Fort Lauderdale sale is regarded as South Florida's premier collector car auction. Defined by its quality and diversity, the 2016 offering will span the spectrum of the market from American classics to European sports cars, Detroit muscle, hot rods and customs, offering something for all automotive tastes and budgets.  IronPlanet is partnering with Auctions America  to take online bids. View the brochure for additional information!

Take a look at some featured items up for auction.

Join our auction this week on Thursday, March 10.  Over 1000 items including 8 exceptionally maintained sleepers direct from Walmart, including trucks from Freightliner, International ProStar and Peterbilt. Our Walmart inventory also includes 3 Ottowa Spotter trucks. Look for 4 dump trucks, 19 articulating boom lifts, wheel loaders, scrapers, cranes and much more!  Read inspection reports, match available machines against your needs, and place your bids now. 

Check out some interesting headlines around the industry this week.

Global Construction Equipment Rental Market to Exceed  $110 Billion by 2019 According to Technavio (Business Wire)

"According to Technavio’s latest report, the global construction equipment rental market is expected to exceed USD 110 billion by 2019 growing at a CAGR of over 7% during the forecast period." Read more

PLEASANTON, Calif. – March 03, 2016 – IronPlanet^®, a leading online marketplace for selling and buying used equipment and other durable assets, today announced key dates and details for its initial spring 2016 lineup of onsite unreserved public auctions under its Cat Auction Services brand. In addition to IronPlanet’s weekly online sales, its Cat Auction Services schedule features five major onsite events across the U.S., Canada and for the first time, the U.K.

Join us on Thursday March 3, for our weekly auction featuring nearly 1000 items.  Highlights this week include 26 articulating boom lifts, 40 compactors, 15 backhoe loaders, 76 scissor lifts and much more!   All equipment comes with IronPlanet's IronClad Assurance®  equipment condition certification, which gives buyers the confidence to buy online knowing they have an accurate representation of equipment condition. 

Save the date! April 20, 2016. IronPlanet  will host its first live Unreserved Public Auction in the UK at Rockingham Motor Speedway! Hosted by Finning, this landmark auction will feature high-quality Cat equipment and machinery from other dealers, rental customers and construction companies in the UK and from across the continent. Follow us at#IPRockingham16.  Click here if you'd like to learn more about this exciting announcement!

‘We are delighted to announce our first Cat Auction Services live on-site unreserved auction in Europe and the opportunity to work closely with Finning, the world’s largest Caterpillar dealer,’ said Felipe Fernández-Urrutia Massó, Vice President of European Sales at IronPlanet. ‘We look forward to bringing the best in used Cat equipment to buyers in the UK and globally in our Rockingham sale.

Rockingham in Corby, Northamptonshire, is home to the Rockingham Motor Speedway. It is the fastest banked oval racing circuit in Europe, with the unbeaten record for the 1.5 mile lap set at 24.719 seconds by Tony Kanaan in a Ford/Lola Champ car in 2001 – that’s an average speed of 215.397mph.

You can register here, and make sure you are approved to bid by clicking here.

Look for featured items and event highlights coming in the next few weeks!  Rockingham, here we come!

Check out some interesting headlines around the heavy equipment and construction industry this week.

Top Supply Chain and Logistics News (Wall Street Journal)
"One of South Korea’s top shipping companies is begging for itslife. Hyundai Merchant Marine Co., which along with the larger Hanjin Shipping Co. handles most of Korea’s exports, asked owners of its chartered fleet to cut a break on rates, the WSJ’s Costas Paris reports. Creditors reportedly want the company to reduce its more than $1.5 billion in charter costs by 30% before agreeing to debt restructuring. The sources of HMM’s distress are familiar: not enough demand, and too many ships on the water. That HMM says it needs such a deep reduction in charter rates just to stay in business is a sign that the company expects the shipping industry’s woes to be deep and long-lasting." Read more

Did you miss last week's Kruse Energy and Equipment Auction huge two-day sale in Midland, Texas?  The sale included over 1500 pieces of equipment including 15 Well Service Rigs, 2 complete Frac spreads, drilling components, vacuum trucks and more. Click here to view a drone video of the auction site!  Pretty amazing!

Check out some interesting global headlines around the industry this week.

 Chinese firm in £2.5bn bid for heavy equipment giant Terex (Belfast Telegraph)
"The Chinese construction company Zoomlion has confirmed its offer for Terex Corporation, which employs 1,000 people in Co Tyrone, saying the combination of the two would create a firm with a "global footprint".  Read more