IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat® dealers, that operates under the name of Cat Auction Services (hereinafter referred to as “Cat Auction Services”), confirmed today that they have signed an agreement to merge the two companies. Once combined, IronPlanet and Cat Auction Services will provide buyers and sellers of used heavy construction equipment a unique auction experience, backed by technology, services and equipment expertise unmatched in the industry.

“I am very excited about the combination of IronPlanet and Cat Auction Services, two trusted partners in helping buyers and sellers with their used heavy equipment acquisition and disposition needs,” said Gregory J. Owens, IronPlanet Chairman and CEO. “The power of IronPlanet’s technology, multiple marketplace formats and global buyer base coupled with Cat Auction Services’ live, onsite auction format and deep equipment expertise will provide the most powerful and complete suite of auction remarketing tools in the industry.”

PLEASANTON, Calif. – Dec. 18, 2014 – GovPlanet^SM, an online marketplace dedicated to buying and selling used government assets, sold the first set of High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, made available to the public by the U.S. Department of Defense (DoD) at its online auction yesterday, December 17. The event attracted more than 111,000 unique visitors, and final sale prices for the 25 Humvees were as high as $41,000.

“The interest in the Humvees was very strong, exceeding our expectations in terms of participation and pricing,” said Randy Berry, senior vice president, operations and services for parent company IronPlanet. “Our online auction drew record attendance and a record number of bidders – many first-timers – to govplanet.com. We are looking forward to selling more Humvees and other equipment from the DoD as our GovPlanet marketplace continues to grow in 2015.”

Our guaranteed inspection reports give buyers confidence to buy online.
For sellers, confident buyers bring better prices.

Learn more about our exclusive reports in this interview between Jeff Jeter, IronPlanet’s President of the Americas, and Construction Machinery Middle East. Read more 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. – Dec. 4, 2014 – GovPlanet^SM, an online marketplace for buying and selling used government assets, announced today that buyers can start viewing and bidding on used High Mobility Multipurpose Wheeled Vehicles (HMMWVs), or Humvees, for sale during its Dec. 17 online auction.

“We will be offering military Humvees of various model years and configurations all backed by the industry’s only guaranteed inspection reports,” said Randy Berry, senior vice president, operations and services for parent company IronPlanet. “Our GovPlanet.com marketplace combined with IronPlanet’s IronClad Assurance buyer protection is making it easier than ever for people to buy used government assets online confidently and conveniently.”

Properly caring for your equipment can make a world of difference when it’s time to sell. Paul Hendrix, equipment pricing analyst for IronPlanet, highlights five fleet management mistakes every owner should avoid in this Canada’s Equipment Journal article.

GovPlanet^SM, an online marketplace dedicated to buying and selling used government assets, sold 158 inspected items from U.S. Department of Defense (DoD) surplus rolling stock at its first online auction held on November 19 at GovPlanet.com.

Used heavy equipment is a cost-effective alternative to new equipment. However, buyers should understand how to purchase used equipment smartly. This Journal of Commerce article includes advice from IronPlanet about what to consider when in the market for used equipment.

Do you know how to best handle used heavy equipment procurement, maintenance and disposal? Paul Hendrix, equipment pricing analyst for IronPlanet, discusses the entire cycle of fleet management in this Construction Business Owner article.

Defense Logistics Agency Disposition Services' field sites have gathered close to 1,000 pieces of used heavy construction equipment valued at more than $55 million. This article highlights the process GovPlanet takes to help sell the rolling stock. The first auction is November 19. Read more here.