Auction Preview: 9/10 Sale, Featuring Higgerson-Buchanan Package And More

Posted by IronPlanet on Sep 10, 2015 2:00:41 PM

This Thursday, IronPlanet's weekly featured auction includes an exciting package from Higgerson-Buchanan, of Chesapeake, Virginia. The package includes dump trucks, construction equipment, shop supplies, and F150 work service trucks. (More details here) On top of the Higgerson-Buchanan sale, Thursday's auction features several 2005 Volvo A30D articulated dump trucks in excellent condition. All items are available now to preview, and be sure to read inspection reports and get financing (if needed) arranged ahead of auction day. 

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Topics: Auctions, Construction

Life of a Live Auction Ringman: "Split-Second Decisions" and a Sixth Sense

Posted by IronPlanet on Sep 9, 2015 7:30:00 AM

(Photo: From left to right, the ringmen of Kruse Energy: Kenny Garman, Jim Richie, Dylan Hall, Frank McGrade, Marty Hill)

Kenny Garman, one of Kruse Energy’s ringmen and a big believer in the time-honored live auction tradition, knows exactly what he’s looking for when he scans a room full of buyers.

“When they lean forward. They’re all sitting in chairs behind rows and rows of tables, their books are open, they’re talking to their neighbors. But when you see someone stop talking to his friend, look at his book, and lean forward to look at the picture of the item up for purchase, you know they’re going to get in,” he says. “It’s all about body language.”

A ringman’s job is to be among the buyers, spotting bids and communicating these bids with the auctioneer. The job is challenging, fast-paced, and a genuine joy for those ringmen who love the interaction. Beyond spotting bids, they’re also informally tasked with monitoring the energy of the room and hope prices continue to rise in the market place. Down in what Kenny calls “the trenches,” he simultaneously tries to get bidders a good deal while helping sellers maximize their profits.

“It’s all split-second decisions, and everything happens really fast. You’ve got to really read the bidder,” Kenny says. “You’re talking to the bidders, pressing the flesh. You’re in there figuring out their emotions and thoughts, trying to convince them why they should be bidding.

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Topics: Oil & Gas

Auction Preview: 9/3, Featuring Crawler Tractors, Excavators, Loaders, Trucks & more

Posted by IronPlanet on Sep 2, 2015 12:09:25 PM

This week's featured auction has over 800 low-hour, late-model equipment for sale, including an exciting package from Finning, the largest Cat dealer in the world! (For more from Finning, watch for the October sale-- details available here.) All items are available for preview and advance bidding now, so be sure to read the inspection reports and get financing in order ahead of Thursday's auction start time. 

Shop All Items in the Sept 3 Sale Now

Some of the highlighted items in this week's auction:

 

2012 John Deere 410ET Articulated Dump Truck
Item #599507, 1,714 Hours. Exhaust Heated Bed, Tailgate, Traction Control, Air Conditioner, Heater, Rear Camera, 29.5R25 Tires, Engine Air Shut-Off Valve, Ultra Low Sulfur Diesel. See more

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Higgerson-Buchanan One-Owner Sale in September 10 Auction

Posted by IronPlanet on Sep 2, 2015 7:30:00 AM

On Thursday, September 10, IronPlanet and TruckPlanet are hosting a one-owner sale featuring a liquidation package from Higgerson-Buchanan of Chesapeake, Virginia. Included in the package are dump trucks, construction equipment, shop supplies, and F150 work service trucks. All items are available now for online preview and bidding, with in-person preview by appointment on September 2 to 3. As always, the equipment is backed by our IronClad Assurance-- so you can bid confidently, knowing the machines you buy are represented accurately in the inspection reports available on every item listing. 

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Topics: Trucks, Auctions, Construction

IronPlanet Announces Fall Cat Auction Services Schedule with Cat® Dealer Hosts Ziegler Cat, Finning, Cleveland Brothers, Mustang Cat, Cashman Equipment and Ring Power

Posted by IronPlanet on Sep 1, 2015 5:30:00 AM
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Topics: Trucks, Auctions, Construction, Cat Auction Services

Industry Headlines: August 24-28

Posted by IronPlanet on Aug 28, 2015 1:52:00 PM

This week in interesting industry headlines: 

Florida readies for Tropical Storm Erika [Miami Herald]

"Haiti and the Dominican Republic braced for Tropical Storm Erika Friday morning as it churned westward on a course that could have the storm making landfall in southwest Florida Monday morning." Read more

Brazil Expected to be Major Exporter [Agriculture.com]

"Brazil, the fifth most populous nation, suddenly is second to the U.S. as the world’s largest agricultural exporter and has room to expand production." Read more

Miners Cozying Up With Rivals to Endure Commodity Turmoil [Bloomberg Business]

"Those deals are part of a nascent trend to join forces to run mines or to develop projects that might otherwise face cancellation or long delays. It’s a contrast from just a few years ago when companies preferred, and investors rewarded, simple ownership structures and decision-making." Read more

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Topics: Mining, Industry Headlines

Finning to Host First Cat Auction Services Live Public Unreserved Auction in Edmonton on October 21

Posted by IronPlanet on Aug 25, 2015 5:30:00 AM
PLEASANTON, CALIF and EDMONTON, ALBERTA – 

IronPlanet, the leading online marketplace for used heavy equipment and trucks, and Finning International Inc. (TSX:FTT), the largest Cat® dealer in the world, today announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace. Finning will be hosting IronPlanet’s first Canadian Cat Auction Services live unreserved public auction on Wednesday, October 21, 2015, in Edmonton, Alberta.

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Topics: Trucks, Press Releases, Auctions, Mining, Construction, Oil & Gas

Auction Preview, August 27-28: Excavators, Generators, Trucks and More

Posted by IronPlanet on Aug 24, 2015 7:45:00 AM

Coming up on Thursday, August 27, IronPlanet's weekly featured auction has a particularly large offering of construction equipment, generators, excavators, heating and cooling equipment, trucks and trailers. Also for sale are three late-model, low-hour Cat 777G dump trucks from a seller in Western Australia (learn more). The price of a new 777G is about $1.6 million, and these units-- opening bids are $700,000-- only have about 2,000 hours! They’re sitting about 65 miles from Fremantle, the largest deep-water port in Western Australia. 

All items are now available for preview and advance bidding! 

Shop IronPlanet's August 27-28 Sale Now

 

Here are just a few of the exciting offerings for this week's sale: 

 

2006 Mack CV713 Tri/A Dump Truck

Item #611671, 186,222 miles. Steel Dump Body, Air Ride Cab,Steerable Air Lift Pusher Axle, Spring Type Suspension, Dual Fuel Tanks, Mack AI-427 Engine, 427 Adv Horsepower, Engine Brake, Allison Automatic Transmission, Sun Visor, Chrome Bumper, Air Conditioning, Cruise Control, Power Windows, Power Locks, Heated Mirrors, Dual High Back Seats, Tilt and Telescopic Steering Wheel. See more

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Topics: Auctions

IronPlanet Holds Late-Summer Heavy Equipment and Military Surplus Auctions Across its U.S. and European Marketplaces With 2,200+ Items, August 26 – 28

Posted by IronPlanet on Aug 21, 2015 5:18:00 PM

PLEASANTON, Calif.

Who:

IronPlanet®, the leading online marketplace for buying and selling used heavy equipment and trucks, willconduct late summer auctions across its online marketplaces from August 26 – August 28. The auctions include a broad selection of equipment, including more than 2,200 lots. Featured items from the U.S., Canada, Mexico, Australia and across Europe include quality late model, low hour construction equipment, military surplus, dump trucks, track excavators, wheel loaders and much more. Featured seller: Southeastern Equipment Company.

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Topics: Press Releases

Industry Headlines: August 17-21

Posted by IronPlanet on Aug 21, 2015 2:32:00 PM

This week in interesting industry headlines: 

Nonresidential Construction Sector Continues Steady Pace Despite Drop in Overall Economy [For Construction Pros]

"The construction industry continues to proceed on the recovery track, although it is showing signs of a minor deceleration,” said Chris Daum, president and senior managing director of investment banking at FMI. “Despite the decrease in projected backlog and the squeeze from rising material costs, executives in our industry are still bullish and hold positive outlooks overall." Read more

Central America issues alert as severe drought hits agriculture [Yahoo News]

"Central American and Caribbean governments on Thursday issued an officia

l alert as severe drought in the region damages the crops of some 1.6 million people." Read more

Oil Companies Sit on Hands at Auction for Leases [The New York Times]

"It was the clearest sign yet that the fortunes of oil companies are skidding so fast that they now need to cut back on plans for production well into the future." Read more

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Topics: Construction, Industry Headlines