The European construction markets of today are turbulent ones. This was revealed in their collapse in Greece, Portugal, Italy, Spain and Ireland. A combined effect of high public debt and speculation-propelled bubbles, built-up during the pre-2008 ‘boom years’, caused the construction markets of these countries to break apart. The bursting of the residential construction bubble [...]

IronPlanet® (www.ironplanet.com) is the world’s leading online auction company for used construction and agricultural equipment. Unlike other equipment auctions, IronPlanet’s model is wide reaching on an international scale because it is all executed online; an average of 110 countries participates during an auction. International activity has become a significant portion of IronPlanet’s business – with [...]