Check out some interesting headlines around the industry from the past week.

Volvo CE is Giving Students Access to a Golden Ticket (Construction Equipment)
"In honor of its 50th anniversary, Volvo kicked off its first in a series of educational workshops for technical students this month. Volvo Construction Equipment is touring North America in a golden hauler, making stops at dealerships and welcoming local chapters of SkillsUSA and Skills Canada along the way. Volvo's goal is to connect students with an interest in the trades with the many opportunities available in the construction industry. Volvo's gold-painted articulated hauler catches their attention." Read more

Check out some interesting headlines around the industry this week.

World's 2nd Largest Private Coal Mining Company Files Chapter 11 (Construction Equipment)
Peabody Energy, the world's largest private-sector coal producer, has filed for bankruptcy protection in United States Bankruptcy Court for the Eastern District of Missouri. Trading on the NYSE was suspended immediately. Peabody (BTU) shares closed Wednesday at $2.07, down from its high of $299.10 in 2014. The company listed $10.1 billion in debts and $11 billion in assets, including ownership interest in 26 active mines in the U.S. and Australia. Shareholders with at least 5 percent of the company are Blackrock, Kopernik Global Investors, Vanguard Group, and Susquehanna Securities, according to the filing. Read more

For the past decade or so, Alberta has been Canada’s economic powerhouse, thanks mostly to the province’s robust energy sector. But that all changed last year with an oil price drop of 70 percent from mid-2014.

The fall-out is being felt throughout the province - unemployment has nearly doubled from a year ago, crime is on the rise and even one of Grande Prairie’s long-running country music festivals has been cancelled.

Amidst the turmoil, local Caterpillar dealer, Finning, and its customers have been weathering the storm and reorienting their businesses.

Check out some interesting headlines around the industry this week.

Halliburton-Baker Hughes Merger Pain Seen Sparking Deals (Bloomberg)

If Halliburton Co.’s bid to buy Baker Hughes Inc. fails, it may spark a scramble for deals among beaten-down oil-services firms. U.S. antitrust officials sued to stop the merger of the world’s second -and third-largest oilfield companies, Attorney General Loretta Lynch said in a statement Wednesday. The lawsuit claims the deal violates antitrust laws by eliminating competition between the firms. An offer by Halliburton and Baker Hughes to sell assets to resolve the government’s concerns wasn’t satisfactory. Read more

Save the date! Please join us in Denver, CO, for our upcoming Unreserved Public Auction on April 13, hosted by Wagner Equipment Co. Place your bids onsite or online during the auction. Equipment is backed by IronPlanet’s IronClad Assurance® equipment condition certification. Also, certain Cat® equipment will be backed by the Cat Equipment Protection Plan. Don't miss this opportunity to bid on nearly 200 items! Onsite preview available starting April 1. Details below:

Check out some interesting headlines around the industry this week.

$1.5 Billion Vegas Spaghetti Bowl Overhaul Starts April 7 (Construction Equipment)
"The huge overhaul of the Las Vegas Spaghetti Bowl, often called Project Neon, will officially get under way April 7th. The intersection at the merge of  State Route 564, I-215, I-515, U.S Route 93 and U.S Route 95 is the busiest stretch of roadway in Nevada and on average sees 300,000 vehicles a day, 25,000 lane changes an hour — and three crashes every day."   Read more

Don't miss this great opportunity to bid on a wide variety of construction equipment from the McDonald Brothers Construction Retirement Sale in Hunstville, Alabama on Thursday, March 31. Look for more than 150 items including track excavators, crawler tractors, wheel loaders, articulated dump trucks and more. Place your bids priority bids now!

Check out some interesting headlines around the industry this week.

Energy Bust Powers Down Heavy Equipment Sales (Wall Street Journal)
"Caterpillar Inc. acknowledged Thursday what Brandon Millican of Malta, Mont., already noticed: It’s getting even harder to sell heavy equipment into an economy weighed down by falling oil production."  Read more

Save the date! Coming up this weekend, IronPlanet is pleased to partner with Montgomery Auction Services Ltd./The Cat Rental Store for a one day Rental Equipment & Surplus Assets Auction online and onsite on Saturday, March 26.

Located in Central Alberta, Canada, this auction will feature over 1000 items including forklifts, attachments, pumps, hammer drills,scissor lifts,excavator buckets and much more! 

Frac Equipment Drives Kruse’s One-Day Record

ODESSA,TX. – March 23, 2016 – Kruse Energy^SM, an IronPlanet^® marketplace, today announced a one-day record at its Midland, Texas, auction that drove the company’s gross merchandise volume (GMV) sold to surpass $1.0 billion since mid-2005, when the company was formed. The first day of the auction, February 17, was a one-day company record, selling more than $25.8 million primarily in frac equipment. Major frac companies were among the many buyers driving strong demand.