Blog

First Ever Forklift Rodeo

forklift rodeo image

February 11, 2014 -  At their convention on December 3rd - 5th Wisconsin Lift Truck co-hosted the first ever Midwest Processors Association forklift rodeo. This was a skills competition conducted on industrial fork trucks.

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How Manufacturing Growth Impacts the Auction Industry

Supply and Demand Image

January 14, 2014 - An industry report showed that U.S. manufacturing ended the year 2013 on a high note. The broad measure of U.S. industrial output grew in December at its fastest pace in 11 months. The rate of job growth continued to be negative despite the growth in GDP as the long term unemployed exited the job market (and also exit this statistic- which skews things- making the “measured” unemployment rate lower than it actually could be reported).

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Blackbird and The Catwalk for Charity

Catwalk Image

December 17, 2013 - Here at Blackbird Asset Services in Buffalo, NY we just wrapped up the live auction for Ryan Millers “Catwalk for Charity” to benefit the Seadfast Foundation.  Although Blackbird has participated in previous years, this was my first time and it was awesome!

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Progression of Online Auctions

Progression Image

December 12, 2013 - While writing the blog on webcast auctions I started to think about how popular online auctions have become.  Back in the early 1990’s, the idea of online only “computer bid auctions” flew around CAI classes at Bloomington like Buck Rodgers stories.  “Some Day, you’ll all be replaced” claimed Steve Martin (one of the founders of the CAI program).

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Benefits of Webcast Auctions

Blackbird Asset Services Webcast Auctions

November 26, 2013 - As time goes on it seems that more and more Blackbird auctions include the webcast feature.  Not just Blackbird auctions, but a larger percentage of industrial auctions are now webcast; and even auctions of smaller commercial offerings.  For those who are new to webcast auctions, a webcast auction is a service that allows bidders from all over the world to bid on assets for sale at the same time as those in the auction room at a live (“old fashioned”) auction.

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Hospital Reuse

Hospital Image

Novemeber 14, 2013 - We recently evaluated a hospital that had previously closed; one of a few in our area similarly positioned for some type of reuse ( Buffalo - Western New York area ).  Quite a dilemma – what can be done with these buildings once they are no longer needed in the medical industry?  As we continued to research we learned that there are some creative and interesting renovations being done throughout the country to turn hospitals and medical centers into useful and economically viable structures.

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Bankruptcy Decline Continues

Bankruptcy Auction

November 5, 2013 - The nationwide decline in bankruptcy filings we have reported earlier in this blog continues.  Is it an economic recovery or other forces at work?

According to Epiq Systems Inc., bankruptcy filings totaled 801,783 nationwide during the first nine months of 2013

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What? The Auction is Cancelled?

Bankruptcy Auction

October 22, 2013 - As a buyer, have you ever experienced the letdown of an auction you were interested in being cancelled? Chances are, when you are in the business of buying at auction you are likely to come across an auction that you are excited about to find out later that it has been cancelled. As a buyer sometimes you have incurred expense to inspect equipment, examine title or do environmental reports only to learn that the item(s) you were after are no longer available.

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Is The Government Shutdown Affecting Auctions?

October 15, 2013 - It seems that the government shutdown is affecting all businesses in way or another which got me questioning whether auctions are at all affected. I was surprised by what I found, and thought it would make a nice entry for the Blackbird Blog.

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Greek Yogurt – A Boon to New York State

yogurt blog photo 

March 14, 2013 - New York State and the dairy industry are benefiting from booming Greek Yogurt Sales.  As the public yearns for what is perceived as a healthier yogurt, it is also making the local economy in New York healthier.

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