SYS-CON MEDIA Authors: Kevin Benedict, Gilad Parann-Nissany, Michael Bushong, Eric Brown

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TruckPlanet Celebrates One-Year Anniversary of its First Online Auction

TruckPlanet, the leading online marketplace for buying and selling used commercial trucks, celebrates the one-year anniversary of its first online auction this week.

“We are excited to celebrate the success of our first year, and we are pleased with how the market has enthusiastically received TruckPlanet,” said Randy Berry, president of TruckPlanet. “Our weekly online auctions give truck sellers faster time to cash and provide buyers with regular access to our strong commercial truck inventory. TruckPlanet’s online marketplace is more efficient and cost-effective than traditional auctions, and our guaranteed inspection reports allow buyers to purchase with confidence.”

Since its launch, TruckPlanet has sold over $70 million of trucks and trailers – including day cabs, sleepers, cargo trucks, refrigerated trucks, trailers and more. Over 900 sellers throughout North America sold their trucks to more than 2,600 buyers around the globe through TruckPlanet.

IronPlanet, the pioneer in online auctions for used heavy equipment, launched TruckPlanet last year to bring its marketplace success to the North American trucking industry. By extending its online expertise and weekly sales platform to buyers and sellers of used commercial trucks, truck fleet managers now have a consistent and flexible solution for fleet disposal without the time and costs associated with traditional physical auctions.

In addition to the weekly auctions, TruckPlanet offers sellers multiple options tailored to fit their disposal requirements including one-owner liquidations, the Daily Marketplace with reserve prices, a full-service brokerage, and appraisal services.

TruckPlanet allows buyers to purchase items online with confidence because of its guaranteed inspection reports, which provide images and detailed equipment data. TruckPlanet’s IronClad Assurance buyer protection program guarantees the report is an accurate description of the truck’s condition.

TruckPlanet hosts online auctions of commercial trucks every Thursday at 8 a.m. Pacific Time. For more information about TruckPlanet, visit www.truckplanet.com.

About TruckPlanet

TruckPlanet is the leading online marketplace for buying and selling used commercial trucks. Its guaranteed inspection reports and exclusive IronClad Assurance® enable buyers to bid with a high degree of confidence. Sellers achieve more profitable sales through low transaction costs and better price realization through a global audience of buyers. TruckPlanet is a brand of IronPlanet, the leading online marketplace for used heavy equipment. For more information, visit www.truckplanet.com.

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