In the first half of 2020, Ritchie Bros. attracted 73 million visits to its various web platforms, so it should come as no surprise that the company has sold more than $1 billion of equipment through its online marketplaces over the past year (August...
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August 13, 2020, 07:05 AM
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Ritchie Bros. has been a leader in the auction business for decades. Its live unreserved auctions help tens of thousands of companies sell and buy equipment and trucks annually. And yet, not every company is interested in selling without a...
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November 21, 2019, 07:03 AM
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Ritchie Bros. Auctioneers announced Ravi Saligram, Chief Executive Officer and board member, has informed the Board of Directors he will step down from his positions effective Oct. 1, 2019.The board will conduct a thorough, thoughtful search for a...
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June 25, 2019, 07:11 AM
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Ritchie Bros. Auctioneers announced that effective July 27, Greg Owens, Group President, New Sectors & Ventures, and former CEO of IronPlanet, Inc., is resigning from the business to pursue other opportunities."I am very proud to have been a part of...
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June 13, 2018, 07:30 AM
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Following up on its successful IronPlanet "Big Spring" event in March, Ritchie Bros. is set to host another special IronPlanet online event on May 24, selling 2,100+ items from sellers across North America.
"We have a real nice selection of items in...
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May 16, 2018, 06:55 AM
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Ritchie Bros. Financial Services (RBFS) is expanding its reach, now serving as a preferred provider for IronPlanet, a leading online marketplace for used equipment and other durable assets. IronPlanet's growing customer base will now have access to...
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October 18, 2017, 07:22 AM
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For the past three years, IronPlanet's GovPlanet marketplace has been helping the U.S. Defense Logistics Agency (DLA) sell thousands of its surplus assets. After seeing consistently strong returns, the DLA has extended its contract with GovPlanet...
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October 17, 2017, 07:10 AM
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Ritchie Bros. announced that it completed its acquisition of IronPlanet®. Ritchie Bros. acquired IronPlanet for approximately $758.5 million, subject to customary closing adjustments. The acquisition was financed through a combination of Ritchie Bros...
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June 01, 2017, 07:16 AM
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Ritchie Bros., the world's largest heavy equipment auctioneer and provider of end-to-end services announced the receipt of unconditional antitrust clearance from the U.S. Department of Justice for the proposed acquisition of IronPlanet®, a leading...
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May 19, 2017, 07:00 AM
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EY announced that Gregory J. Owens, IronPlanet® Chairman and CEO, is a finalist for the Entrepreneur Of The Year® 2017 Award in Northern California. The awards program, which is celebrating its 31st year, recognizes entrepreneurs who are excelling in...
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May 18, 2017, 07:03 AM
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IronPlanet® announced APSV, the long-established U.K. supplier of ex-MOD and ex-PLC construction equipment, plant and trucks, as its first European customer on the new Marketplace Direct platform. Marketplace Direct features advanced, self-listing...
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May 10, 2017, 07:00 AM
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EY announced that Gregory J. Owens, IronPlanet Chairman and CEO, is a semifinalist for the EY Entrepreneur Of The Year® 2017 Northern California Region Award. Now celebrating its 31st year, the awards program recognizes entrepreneurs in over 145...
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April 07, 2017, 07:04 AM
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IronPlanet® debuted its next generation allEquip® fixed and negotiated pricing format. In response to growing demand, IronPlanet has launched an enhanced version of its successful allEquip format, which includes the ability to run multi-unit listings...
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March 28, 2017, 07:00 AM
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IronPlanet® debuted its new Marketplace Direct platform that offers advanced, self-listing functionality for larger-scale equipment sellers. Unique to the industry, Marketplace Direct provides an innovative listing and reporting solution that enables...
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February 24, 2017, 07:00 AM
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IronPlanet® announced that it has conducted a record-breaking number of annual inspections in 2016, with over 100,000 pieces of equipment evaluated and certified by its professional inspectors, which is more inspections than the company has ever...
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December 14, 2016, 07:05 AM
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IronPlanet® unveiled the new allEquip® fixed and negotiated pricing format with Make Offer functionality. Adding to its worldwide technology-driven online and onsite auction formats, with the new allEquip, IronPlanet now offers sellers the industry’s...
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November 17, 2016, 07:02 AM
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IronPlanet® in conjunction with its TruckPlanet marketplace, launched Fleet Services featuring IronPlanet Truck Locator. With access to over $200 million in Class 8 and other trucks, Fleet Services, and particularly IronPlanet Truck Locator, will...
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November 11, 2016, 07:10 AM
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IronPlanet® announced record-breaking results from its month-long September to remember auction events. Combining both online and on-site auctions, the company sold 9,890 items for more than $99 million in GMV (Gross Merchandise Volume), during 23...
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October 21, 2016, 07:06 AM
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IronPlanet® announced IronPlanet® LiveStream the next generation in online bidding for live on-site auctions. IronPlanet LiveStream builds on IronPlanet’s leading online technology with new live on-site auction features for buyers who need to stay in...
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September 09, 2016, 07:04 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments. Founded...
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August 30, 2016, 07:15 AM
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IronPlanet® announced that the U.S. Department of Defense’s Defense Logistics Agency (DLA) has executed its option to extend its Commercial Venture 4-Rolling Stock (CV4-R) contract with IronPlanet. The one-year extension is the first of five...
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August 09, 2016, 06:45 AM
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IronPlanet® announced that buyers on IronPlanet, TruckPlanet® and GovPlanet® can now take advantage of instant Express financing on equipment purchases when they want to bid. Express, by Currency Capital, along with IronPlanet’s IronClad Assurance®...
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July 14, 2016, 07:02 AM
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IronPlanet® introduced GovPlanet Direct, a new self-listing service as part of its marketplace for public sector entities. GovPlanet Direct is being offered to government entities under IronPlanet’s GovPlanet® brand, which is dedicated to government...
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June 21, 2016, 07:05 AM
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IronPlanet® announced that Matt Ackley has been named senior vice president and chief marketing officer. Ackley comes to IronPlanet with 25 years of successful technology marketing experience with companies that include eBay, Google, Marin Software...
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May 26, 2016, 07:15 AM
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Kruse Energy, an IronPlanet® marketplace, 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...
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March 24, 2016, 07:05 AM
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IronPlanet and Auctions America, which specializes in the sale of American Classics, European sports cars, Detroit muscle, hot rods and customs, announced an agreement to jointly market Auctions America’s annual Fort Lauderdale event. To be held at...
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March 15, 2016, 06:57 AM
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IronPlanet® sold more than 2,350 items for $93.8 million in gross merchandise volume, or GMV, at its Cat Auction Services unreserved public auction in Kissimmee, FL, last week. GMV from IronPlanet’s five-day sale held from February 8 – 12, 2016...
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February 19, 2016, 07:00 AM
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IronPlanet® will showcase U.S. military Humvees at its five day Kissimmee, Florida, unreserved public auction. GovPlanet, IronPlanet’s online marketplace for used government surplus, is auctioning three High Mobility Multipurpose Wheeled Vehicles...
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January 29, 2016, 07:05 AM
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IronPlanet announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.
“IronPlanet is continuing to build on the momentum we’ve...
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September 18, 2015, 07:06 AM
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IronPlanet and Finning International, the largest Cat® dealer in the world, announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace. Finning will be hosting...
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August 26, 2015, 07:12 AM
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IronPlanet announced that Gord McDougall has joined its Canadian executive team as managing director, Canada, Cat Auction Services. A leader in the used heavy equipment industry, McDougall will help expand IronPlanet’s reach in Canada and continue to...
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May 29, 2015, 07:04 AM
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IronPlanet sold $33.7 million in equipment at auctions held on May 13th – 14th, 2015. In addition to sales across its online marketplaces IronPlanet®, TruckPlanet, and GovPlanet, IronPlanet held two onsite auctions: a Cat Auction Services live...
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May 21, 2015, 06:30 AM
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IronPlanet announced that Jeff Holmes has joined as vice president, Government Solutions. Holmes brings a unique background that combines his military service with a corporate career spent driving efficiency and growth through business and government...
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April 30, 2015, 07:02 AM
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IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks (backed by Accel Partners, Kleiner Perkins Caufield & Byers, Caterpillar, Komatsu and Volvo) and Cat Auction Services (an alliance of Caterpillar and...
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April 03, 2015, 07:23 AM
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IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, sold $46.7 million in equipment at auctions held across its marketplaces March 25th – 27th. In addition to auctions held on IronPlanet’s online...
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April 01, 2015, 07:08 AM
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IronPlanet announced it will hold auctions on IronPlanet and across all of its marketplaces this Wednesday through Friday, as well as hold a joint live unreserved public auction with Cat Auction Services in Des Moines, Iowa, on Wednesday, March 25...
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March 24, 2015, 09:35 AM
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IronPlanet announced Susan Stillings as the company’s new chief marketing officer (CMO). Stillings joins IronPlanet with 20+ years of experience helping companies reach new audiences and raise their profiles and brands with existing...
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March 23, 2015, 07:05 AM
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IronPlanet announced financial veteran Debbie Schleicher as the company’s new chief financial officer (CFO). Schleicher joins IronPlanet with more than 27 years of experience helping dynamic organizations meet their compliance and reporting...
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March 04, 2015, 07:00 AM
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IronPlanet 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 that they have...
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December 22, 2014, 07:10 AM
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GovPlanet, 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. “The...
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December 01, 2014, 06:53 AM
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IronPlanet announced that it has acquired Kruse Energy and Equipment Auctioneers LLC, the leader in oilfield equipment auctions, extending its presence in the oilfield industry. Terms were not disclosed. “IronPlanet and Kruse together will give our...
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November 04, 2014, 07:10 AM
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IronPlanet announced the launch of GovPlanet.com, an online marketplace dedicated to buying and selling used government assets. GovPlanet will be the primary marketplace for the sale of U.S. Department of Defense (DoD) rolling stock surplus...
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September 25, 2014, 06:26 AM
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IronPlanet announced that it was awarded the U.S. Defense Logistics Agency (DLA) contract to manage and sell rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus Contract). The DLA issued the final contract award to...
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July 30, 2014, 06:10 AM
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IronPlanet announced a licensing agreement with BiddingAce, a new online marketplace for general aviation aircraft. Under the agreement, BiddingAce uses IronPlanet technology to power its e-commerce marketplace. “IronPlanet is excited to extend our...
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June 11, 2014, 06:55 AM
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IronPlanet announced the launch of allEquip.com, an online, “buy now” marketplace of used construction equipment for sale at competitive prices. “IronPlanet’s allEquip offers online buyers the convenience of a ‘buy now’ marketplace for the...
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June 04, 2014, 06:35 AM
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IronPlanet announced a partnership with VeriTread, an online heavy-haul transportation marketplace, to provide IronPlanet customers with the industry’s most reliable and cost-effective shipping services. “We are excited to partner with VeriTread to...
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May 19, 2014, 06:30 AM
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IronPlanet announced it is the apparent high bidder pending final confirmation and award for a contract with the U.S. Defense Logistics Agency (DLA) to manage and sell rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus...
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April 07, 2014, 06:15 AM
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IronPlanet will celebrate the 14th anniversary of its first auction this week. “We’re excited to celebrate 14 years of growth since our first online auction,” said Greg Owens, CEO, IronPlanet. “We have attracted more than one million registered users...
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March 26, 2014, 05:59 AM
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IronPlanet announced it has surpassed 1 million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com. “This is an exciting milestone for us because it demonstrates that more than 1 million users...
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February 21, 2014, 06:51 AM
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IronPlanet, a leading online marketplace for used heavy equipment, announced it will host the industry’s first major auction of 2014 on Jan. 28-31, featuring nearly 2,000 construction and related items for sale online.“IronPlanet is dedicated to...
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January 21, 2014, 06:00 AM
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IronPlanet announced it has entered into an alliance with the Aircraft Owners and Pilots Association (AOPA) for the creation of a marketplace for aircraft. “For the past 13 years, our innovative technology has made equipment buying and selling more...
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June 13, 2013, 06:57 AM
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IronPlanet launched TruckPlanet, an online marketplace dedicated exclusively to buying and selling used commercial trucks. “We are very excited to bring the same marketplace that changed the used equipment business to the truck industry,” said Greg...
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April 26, 2013, 07:14 AM
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IronPlanet broke its record for the largest single unit ever sold. A buyer from North Carolina won a Marion 7820 Walking Dragline in IronPlanet’s Daily Marketplace, for the highest bid of $3 million from a seller in Pennsylvania.Weighing over 2,000...
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March 14, 2013, 07:00 AM
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IronPlanet announced that it has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector. “We...
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February 27, 2013, 07:29 AM
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IronPlanet announced the addition of Sue McGregor as managing director for Canada. Sue will be responsible for expanding sales and operations in Canada, a key revenue growth market for IronPlanet.“Sue brings over 20 years of proven experience...
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August 22, 2012, 07:06 AM
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EquipmentEngine Financial Services Company, LLC unveiled another set of innovations today at the Equipment Leasing & Finance Association’s (ELFA) annual Equipment Management conference. These new innovations come as the second part of a bold...
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April 02, 2012, 07:30 AM
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IronPlanet , a leading online marketplace for used heavy equipment, announced record annual sales in 2011, with gross merchandise volume (GMV) exceeding $568 million, an increase of 15% over 2010. “I am pleased with our 2011 results, closing another...
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March 23, 2012, 08:15 AM
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