Check out some interesting global headlines around the construction and heavy equipment industry during the first part of July.

World Mining Equipment Market to Reach $156 Billion by 2022 - Report (Mining.com)

"The global mining equipment market is expected to garner $156 billion by 2022, increasing at a compound annual growth rate (CAGR) of 7.9% during 2016 – 2022, a new report published by Allied Market Research shows. According to the study, titled “World Mining Equipment Market – Opportunities and Forecasts, 2015 – 2022”, the Asia–Pacific region accounted for the highest revenue of over $50 billion in 2015, followed by Latin America, the Middle East and Africa (LAMEA)." Read more

Don't miss our heavy equipment auction tomorrow, Thursday, July 14, 2016.

Looking for a truck? You don't want to miss this opportunity to own these single-owner, sleeper trucks from the Walmart fleet, from manufacturers Freightliner, Peterbilt, International and Kenworth. All Walmart trucks come with our exclusive IronClad Assurance equipment condition certification. Read inspection reports, match available machines against your needs, and place your bids now. 

IronPlanet's featured auction includes a wide variety of used compactors, crawler tractors, wheel loaders, backhoe loaders, and utility vehicles. All items are available now to preview, and be sure to read inspection reports and get financing (if needed) arranged ahead of auction day. You won't want to miss this one!

Although it’s only July, it’s not hard to imagine the unavoidable dropping temperatures, falling snow and gathering ice that will soon announce the start of Canada's and parts of the Northeastern United States' long winter season. With colder and more hazardous weather around the corner, used equipment owners have some serious decisions to make about which items to keep in their fleets and which to sell.

Fortunately, the approaching end of warm weather is not an issue in many other geographic areas around the world. Areas in the United States, such as Florida, Texas, California and Arizona, as well as countries in South America, Asia, the Middle East and Africa will continue to experience high temperatures that make ongoing road construction more manageable. This offers advantages for heavy equipment owners who are focused on inventory management and seeking a new home for a selection of items. In addition, there is high demand for older equipment in developing countries due to ease of repair and operation.

But how do owners interested in selling equipment reach these distant audiences? Shipping equipment to onsite auctions can be expensive and time consuming. And, during these colder months, potential buyers may not want to travel to onsite auctions (i.e. experience delays and cancellations) during potentially hazardous conditions or view equipment in possible extreme cold temperatures. If auctions do take place, low attendance can mean a poor return for sellers.

Don't miss our heavy equipment auction on Thursday, July 14, 2016. Look for over 1,400 pieces of equipment for sale. This week's lineup features professionally-maintained conventional sleepers from Walmart and International ProStar Day Cabs from the Albertsons fleet. Look for six rough-terrain cranes, track excavators, crawler tractors, motor graders, wheel loaders, dump trucks and much more. All items for sale are available now to preview and bid.

2011 Link-Belt RTC-80100 Rough Terrain Crane

Item #681850. 100 Ton Capacity, 40'-150' Five Section Boom, 55' Jib, 100 Ton Load Block, Single Drum, A/C, Heater, Load Moment Indicator, International Engine, 3-Way Steering.

Check out some interesting global headlines around the construction and heavy equipment industry as we close out the month of June.

Auctioneering Industry Thrives in Oil Downturn (Houston Chronicle)

"As the auctioneer's megaphone faded off in the distance, Cody Baker and Matthew Boykin had wandered far out to the edge of a 130-acre gravel lot to check out a row of man-lifts, the crawlers with big arms that elevate workers to high places. They hoisted hoods in the hot sun, poked at wiring, peered underneath to check for oil leaks, trying to find a few worth taking back to Midland to put to work in the oil fields." Read more

New Construction Starts Rise 5 Percent in May (Construction Equipment)

"Strong gains reported for public works, power plants, and multifamily housing." Read more

Now that summer is here, the excavator becomes essential for many jobs sites, big and small. But, how do you know what type of equipment you need? Should you consider an attachment instead? Whether it’s job needs, weight or resale value, there are many things to consider when purchasing a used piece of heavy equipment. Taking the time to learn about different choices will help you select the right machine for your job. Here are a few tips to choosing the right excavator to help with your summer project and beyond.

Job requirements

First determine what work the excavator will be required to accomplish your job sites. Excavators are available in a number of different sizes. Mini-excavators are often used within buildings because they fit inside easily and can be used for interior demolition or in tight spaces between buildings. However, they aren’t capable of carrying heavier loads. For organizations doing water and sewer work, it’s essential an excavator be able to lift heavy concrete structures and dig within certain depths. For contractors working alongside highways, the excavator may need to have a zero tail swing or zero radius so that it can be operated without swinging into oncoming traffic.

Join us Thursday, June 30, for our End of Quarter auction, with over 1,000 pieces of equipment for sale. This week's heavy equipment auction lineup includes conventional day cab trucks Cat Trucks, International ProStar Day Cabs from the Albertsons fleet, equipment from Corman Construction in Maryland, and a selection of wheel loaders from a One-Owner Sale in New Mexico. All items for sale are available now to preview and bid.

2003 Cat 980G Series II Wheel Loader

Item #739223. Enclosed Cab, Air Conditioner, Heater, 136" Wide General Purpose Bucket, Tilt Steering, Command Control Steering, Autoshift, Onboard Scale, Auto-Lube System, 29.5R25 Tires

Kick off Summer with three days of auctions, beginning Wednesday, June 22 with GovPlanet's Government Surplus auction, featuring 450 pieces of military surplus equipment. Also on June 22, IronPlanet returns to Edmonton, Alberta, Canada with its latest Cat Auction Services Unreserved Public Auction. The event will be hosted by Finning and held at the Edmonton Marriott River Cree Resort. This is the sixth of IronPlanet’s major Cat Auction Services sales this year.

Thursday and Friday, June 23-24, you will find more than 1,000 pieces of used heavy equipment and trucks up for auction featuring equipment from Woods Equipment and Nebraska Machinery, cranes from Essex, and trucks from Walmart.

Check out some interesting global headlines around the construction and heavy equipment industry from the past two weeks.

 It's Game On at Vegas 'Dig This' (Construction Equipment Guide)

"The hosts at autoblog.com recently got the chance to check off an item off of their list of 1,000 Car Things to Do Before You Die, and that is to drive heavy equipment at Dig This, the Las Vegas Construction Equipment sandbox where “everyone from 8-108 can play.”  Read more

Milwaukee's Mining Equipment Manufacturers Try to Dig out of the Hole (Milwaukee Business News)

"There have been a lot of depressing headlines for the Milwaukee-area mining equipment manufacturing operations of Joy Global Inc. and Caterpillar Inc. over the past year. Milwaukee-based Joy posted a $1.2 billion loss last year, closed its Orchard Street plant, laid off the workers in its heavy fabrication and welding departments in September, and then closed those departments in May." Read more

Join us Thursday, June 9 for our weekly online auction. This week, we are featuring  nearly 1,000 pieces of equipment for sale. Look for trucks from sellers Element and Walmart, along with crawler tractors, motor graders, telehandlers, wheel loaders, pipelayers, vacuum trucks and much more!  All equipment comes with IronPlanet’s IronClad Assurance^® equipment condition certification which gives you the confidence to buy online knowing that the equipment has an accurate representation of equipment condition. Preview equipment here and get ready to bid.