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J.J. Kane Auctioneers’ timed, online only auction of power line, utility, and construction fleet equipment has surpassed previous such online sales records on Proxibid. The auction topped $4.1 million with nearly 850 online bidders participating.
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The “Everyday Heroes” Kenworth T680 was auctioned off for charity to Phoenix-based J&L Transportation, netting 89,000 for the Truckers Against Trafficking non-profit group.
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Truck dealer group Inland Kenworth has put together a special Everyday Heroes Kenworth T680 for auction and will donate the proceeds to Truckers Against Trafficking, a nonprofit devoted to fighting human trafficking.
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Sleeper tractors lost about 30% of value at auction last year, say analysts at J.D. Power Valuation Services.
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The online used equipment marketplace IronPlanet has launched a new allEquip fixed and negotiated pricing format with a "Make Offer" feature.
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A summer lull in used auction volume ended this past September, according to findings in NADA Used Car Guide's recent Commercial Truck Guidelines report.
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Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.
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Low interest rates for loans and growing supplies of used equipment help buyers, and there are hundreds of places to shop.
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Analysts at the NADA Used Car Guide say commercial-truck wholesale auction volume dropped "dramatically" during November, while incoming fourth quarter sales data appeared to look stronger than expected.
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Gains on the retail side of the used truck market were offset by decreases in the auction and wholesale markets.
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