Business, Technology, Equipment

Kicking the Tires Becoming Obsolete as Truck Auctions Shift to Online Sales

Ritchie Bros. auction Heavy-duty truck auctioneers cite a significant increase in digital transactions. (Ritchie Bros.)

The big auction houses increasingly are turning to digital sales to move used heavy-duty trucks.

Jerry Hirsch | Contributing Writer
March 27, 2020
Business, Equipment

IronPlanet Raises $55 Million in Funding

Online truck auction company IronPlanet said it closed a $55 million senior secured credit facility that was used to pay off a loan and provide growth funding.

September 21, 2015
Business, Equipment

Truck Auctions Drawing More Buyer Interest as Used Vehicle Prices Rise, Supply Declines

Auctions are getting another look from truck buyers as good used equipment becomes scarce and prices are rising, according to dealers and industry watchers.

January 10, 2011