Orbitbid 2025: Third Quarter Recap

Posted on October 23, 2025October 23, 2025 by Juliet Meyer

Orbitbid 2025: Third Quarter Recap

As 2025 moves into its final quarter, Orbitbid.com continues to experience another strong year of growth, connecting sellers and buyers across the country through our online auctions. From agricultural equipment to industrial machinery, Orbitbid has helped thousands of bidders find quality assets and sellers achieve powerful results through the auction method.

Here’s a look at our performance through the third quarter of 2025:

60 auctions conducted
8,450 total bidders
Bidders from 47 different states
13,575 total lots sold

These numbers reflect not only the continued expansion of Orbitbid’s reach, but also the strong trust our clients place in our professional auction team to deliver transparent, competitive, and efficient results.

Diverse Auctions, Nationwide Reach

Orbitbid’s auction calendar in 2025 has showcased a wide range of industries and assets, offering opportunities for both business owners and individual buyers alike.

So far this year, Orbitbid has hosted:

14 Farm & Agricultural Auctions
22 Industrial Auctions
6 Construction Equipment Auctions
3 Powersports Auctions
5 Semi-Truck & Trailer Auctions
5 Landscaping Equipment Auctions
1 Rental Equipment Auction
1 Brewery Auction

Each auction represents Orbitbid’s continued mission to help sellers across the nation efficiently liquidate assets while connecting buyers to high-quality equipment and unique opportunities.

Looking Ahead

With 2025 shaping up to be another record-breaking year across all Miedema Asset Management Group companies, the Orbitbid team is proud to contribute to that ongoing success.

“Overall 2025 has been an amazing year again – our companies have been blessed with sustained growth and expansion. We are looking forward to a strong finish for 2025 and look forward to everything 2026 has to offer to our clients and employees here at Miedema Asset Management Group.”
— Sid and Scott Miedema

As we look ahead to the final quarter and beyond, Orbitbid remains committed to innovation, integrity, and excellence. Ensuring that every auction delivers real results for our clients and customers.

Visit Orbitbid.com to explore upcoming auctions or learn how to sell with us today.

Mid-Year Update

Posted on July 22, 2025July 22, 2025 by Juliet Meyer

Mid-Year Update

We’re halfway through the year, and 2025 is shaping up to be another outstanding year for the Miedema Asset Management Group family of companies. Now that Q2 has officially ended, our year-to-date numbers are in, and they reflect our continued commitment to delivering results across all asset types, from residential real estate and farmland to commercial buildings, heavy equipment, and specialty items.

Here’s a quick look at our progress through the second quarter:

225 Auctions

122,731 Bidders

64,332 Lots Sold

1,821.5 Acres Sold

85 Properties Sold

320 Appraisals

As we move into Q3, our calendar is packed with exciting auction events, including real estate opportunities, seasonal equipment, and business liquidations. Whether you’re buying or selling, there’s never been a better time to engage with our team.

Thank you to our clients, bidders, and partners for your trust and continued participation, let’s keep this momentum going!

Explore Upcoming Auctions
Click HERE to view all current auctions and listings.

What Sellers Can Expect

Posted on June 3, 2025June 3, 2025 by Juliet Meyer

What Sellers Can Expect

When it comes to liquidating assets efficiently and effectively, Orbitbid offers on-site online auctions. These online auctions combine the power of online bidding with the convenience of selling assets directly from your location. But what exactly does that mean for sellers?

Let’s break it down.

What Is an On-Site Online Auction?

An on-site online auction with Orbitbid means all bidding happens online, giving your items maximum exposure to our nationwide buyer base, but the assets themselves remain at your location throughout the process. Once the auction ends, buyers will be responsible for coming directly to your location to pick up their purchases.

This format is ideal for complete business assets, heavy equipment, vehicles, inventory, or specialty items that are either too large to move or not cost-effective to transport to one of our 4 warehouse locations.

Benefits for Sellers

No Need to Move Inventory
One of the biggest advantages of an on-site online auction is that you don’t need to transport your items. Whether it’s a fleet of trucks, industrial equipment, or restaurant fixtures, we bring the auction to you, saving you time, effort, and cost.
Streamlined Process with Orbitbid’s Support
Our experienced team handles everything from start to finish: photographing and cataloging your assets, writing descriptions, marketing the sale to targeted buyers, and managing all post-auction communication. We make the process seamless for you!
Maximum Exposure, Competitive Bidding
Just like any Orbitbid auction, your items will be promoted through our extensive marketing network; email campaigns, social media, industry-targeted outreach, and more. Even though the items stay at your location, the auction goes live to bidders across the country, creating a competitive bidding environment.
You Set the Timeline
We work with you to determine the best auction date and pickup schedule. Once the auction is complete, buyers will be given a short window to come to your location for removal, minimizing disruption to your operations.

What to Expect on Auction Day and Beyond

Before the Auction:

Orbitbid staff visits your site to photograph and document items.
A full auction catalog is created and listed on our site.
Our marketing team promotes your sale.

Auction Day:

Bidding happens online over a set time frame (typically one day).
Buyers compete from across the country, and items sell to the highest bidder.

After the Auction:

Buyers receive invoices and removal instructions.
Orbitbid coordinates pickup logistics with buyers.

Is an On-Site Online Auction Right for You?

If you need a complete business liquidation or assets that are bulky, specialized, or time-sensitive, an on-site online auction could be the perfect solution. Whether you’re closing a business, downsizing, or liquidating surplus equipment, Orbitbid provides the expertise, reach, and service to make your auction a success, without the hassle of moving a thing.

Ready to Get Started?
Contact our team today to find out how an on-site online auction with Orbitbid can help you maximize returns while keeping things simple.

A Strong Start to the Year

Posted on April 1, 2025April 3, 2025 by Juliet Meyer

A Strong Start to the Year

As we close the first quarter of the year, we’re excited to share our progress and key achievements. Our unwavering dedication to growth, innovation, and customer satisfaction has propelled us forward, setting a strong foundation for the months ahead.

Q1 Highlights

15 auctions
$10,157,858 in sales
3,382 bidders
Bidders from 43 different states
- AL, AR, CA, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MC, MD, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NV, NY, OH, OR, PA, PR, RI, SC, SD, TN, TX, VA, WA, WI, WV
3,400 lots sold
Types of auctions:
- Farm & agriculture
- Industrial
- Construction
- Powersports
- Semi-truck & trailer
- Landscaping
- Rental equipment
- Brewery

What’s Next?

Building on our first quarter momentum, we’re committed to driving further growth, enhancing the customer experience, and broadening our reach.

A heartfelt thank you to our customers, employees, and partners for making this success possible. We would also like to thank the Lord for His blessings and guidance in this first quarter. We look forward to an even more remarkable year ahead!

Stay tuned for more updates and thank you for being part of our journey.

To view a list of upcoming auctions, CLICK HERE

Collector’s Dream: High-End Car Collection Auction

Posted on November 29, 2024December 9, 2024 by Juliet Meyer

Collector's Dream: High-End Car Collection Auction

Car enthusiasts, collectors, and bidders—this is your chance to own your dream car!

A court-ordered auction is happening on December 17, featuring an exclusive collection of high-end vehicles. This unique event includes meticulously maintained cars from prestigious brands, offering an opportunity for collectors and casual buyers alike.

Auction highlights include:

• 1969 Chevrolet Camaro SS Convertible “Official Pace Car 53rd Annual Indianapolis 500 Mile Race May 30, 1969” (31,824 odometer miles)

• 2021 Chevy Corvette 3LT Stingray Convertible (6,013 odometer miles)

• 2014 Chevrolet Z51 3LT Stingray (7,319 odometer miles)

• 2020 Chevrolet Camaro Supercharged LT4 (11,187 odometer miles)

• 2005 Chevrolet SSR Convertible Pickup (3,951 odometer miles)

• 2019 Dodge Challenger SRT Hellcat Red Eye (720 odometer miles)

• 2009 Dodge Challenger SRT8 (9,590 odometer miles)

• 2021 Ford Mustang Shelby Cobra GT500 (962 odometer miles)

• 2002 Ford Thunderbird Deluxe Convertible (5,493 odometer miles)

• 2019 Lincoln Continental Black Label Eightieth Anniversary Limited Edition 72/80 (4,610 odometer miles)

• 2021 Jeep Wrangler Rubicon (2,615 odometer miles)

• 2022 Ford Bronco Wildtrak Sasquatch (2,844 odometer miles)

• 2024 Polaris Xpedition ADV 1000 NorthStar (1,662 odometer miles)

• 2022 Can Am Defender Max Limited HD10 (9,118 odometer miles)

• 2021 Sea-Doo GTX Limited 300 Waver Runner (16 metered hours)

• 2021 Sea-Doo GTX Limited 300 Wave Runner (17 metered hours)

Whether you’re looking for a vintage gem, a modern powerhouse, or a classic beauty, this auction has exceptional quality and value.

Don’t miss out on this event!

Beyond the Bid & Auction Essentials

Posted on September 25, 2024October 3, 2024 by Juliet Meyer

Beyond the Bid & Auction Essentials

Auctions can be an exciting way to acquire or sell items, ranging from construction equipment and classic cars to real estate. However, navigating the auction world involves more than just spotting valuable items. It’s essential to understand the specific terms and conditions associated with each auction type to ensure a smooth and successful experience.

Terms are not one-size-fits-all; they vary widely across our different types of sales, affecting both buyers and sellers in distinct ways. The variation in terms stems from the diverse nature of auctions themselves. Each type of auction serves different purposes, involves different kinds of items, and operates under different sets of rules. These variations are tailored to address the unique needs of each auction format, whether it’s a live, online, charity, or real estate.

We have compiled a shortened overview of terms for our OrbitBid auctions:

Payment

All payments required within 2 days of auction. Payments are NOT accepted at the auction location. We encourage online payments due to the 2-day payment requirement. However, if you choose to pay in person, payments are accepted at our Byron Center and Wayland Repocast locations.

Removal & failure to remove

Photo ID will be scanned during transaction at the time of pickup. We respect your privacy, and we value you as a customer. The photo ID requirement is a security measure to document the actual person picking up item(s) from our facility. The intent of the requirement is to protect you and us, ensuring the items make it to the winning bidders.

Extended pickup hours available for 2nd day of removal by APPOINTMENT ONLY! This is available only for prepaid invoices.

Items NOT removed within auction terms will be considered abandoned and forfeited

Buyer is responsible for DISASSEMBLY, LOADING, PACKAGING & SHIPPING of items purchased. Auction staff will not have tools available for disassembly. Please bring any necessary tools with you at time of pickup. Orbitbid.com does not package or ship items. Once items leave our premises, we are no longer responsible. Be sure to insure your shipment with the carrier.

Regardless of the auction format, it’s crucial to thoroughly read and understand the terms and conditions before you participate. Each auction style has its own specifics, and missing these details can result in unforeseen expenses or issues. Buyers should be aware of the fees, payment procedures, and return policies. Sellers need to know how their items will be managed and what fees they may face. As the auction environment evolves, staying updated on these terms will help make your bidding experience both pleasant and successful.

Stay up to date on online auctions being added weekly for the remaining 2024 calendar year by signing up for auction notifications here. For a complete calendar listing of online equipment auctions currently announced, visit our website here.

Connecting Through Social Media

Posted on September 23, 2024September 25, 2024 by Juliet Meyer

Connecting Through Social Media

In today’s digital age, staying connected is more important than ever. That’s why we’re excited to invite you to join our growing community on social media!

We’re passionate about bringing you the latest updates, valuable insights, and behind-the-scenes content. By following us on our social platforms, you’ll get:

Exclusive Content: Be the first to know about our new products, services, and special auctions. From sneak peeks to early access, you’ll always be ahead of the curve.

Engaging Stories: Dive into the heart of our company with content that includes our team members and customers!

Interactive Fun: Participate in contests, polls, and more. Your voice matters, and we love hearing from you!

Valuable Tips and Insights: Whether it’s industry trends, or helpful tips, our posts are designed to inform and inspire.

Connecting with us on social media means more than just updates—it’s about building a community.

Join the conversation, share your thoughts, and be a part of something special.

MIEDEMA GROUP

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Stay up to date on online auctions being added weekly for the remaining 2024 calendar year by signing up for auction notifications here. For a complete calendar listing of online equipment auctions currently announced, visit our website here.

The 2024 Semi Truck & Trailer Industry

Posted on June 20, 2024September 16, 2024 by Miedema Auctioneers

The 2024 Semi Truck & Trailer Industry: Navigating Declining Values

As we reach the midpoint of 2024, the semi-truck and trailer industry is experiencing a notable shift. From our vantage point as an auctioneers, the changes are particularly palpable. The once robust market for these essential transport assets is witnessing a decline in values, presenting both challenges and opportunities for buyers and sellers alike.

Key Factors Driving Decline

Economic Conditions: The global economy has seen slower growth rates, impacting the freight demand. When businesses transport fewer goods, the need for trucks decreases, leading to an oversupply and consequent drop in prices.
Technological Advancements: Rapid advancements in technology, particularly with electric and autonomous vehicles, have made older models less desirable. Fleets are keen to upgrade, leaving a surplus of traditional diesel trucks on the market.
Regulatory Changes: Stricter emissions regulations and the push towards greener logistics solutions have also played a role. Many companies are offloading older models that do not meet new standards, flooding the market and reducing values.
Fuel Prices: Fluctuations in fuel prices continue to affect operational costs, influencing purchasing decisions and thus impacting market values.

Auctioneer’s Perspective
As an auction company, we witness firsthand the impacts of these market dynamics. Buyers are more cautious and strategic in their bidding, and more increasingly selective, seeking bargains and weighing the cost of potential future upgrades against current value.

For sellers, the strategy has shifted as well. Maximizing value in a declining market requires a keen understanding of the current landscape. Sellers need to be realistic about pricing and transparent about vehicle conditions.

Opportunities in the Market
Despite the overall decline, there are silver linings:

Buyer’s Market: For buyers, this is an opportune time to acquire assets at lower prices. Savvy buyers can find high-quality vehicles at a fraction of the cost compared to a few years ago.
Fleet Upgrades: Companies looking to upgrade their fleets can do so more economically, investing in newer, more efficient models while trading in older ones.
Niche Markets: Certain niches within the industry, such as specialized trailers or trucks designed for specific industries, may retain their value better and present lucrative opportunities.

The semi-truck and trailer industry in 2024 is navigating through a period of transition. While declining values pose challenges, they also open up new avenues for strategic buying and selling. As an auction company, our role is to facilitate these transactions, ensuring that both buyers and sellers can navigate this evolving market landscape effectively. By staying informed and adaptable, prospective buyers and sellers can still find value and opportunity amidst the shifts in this essential industry.

Interested in Buying or Selling your Fleet? We are the trusted auction company for all your buying and selling needs. Contact us Today!

Gunville Trucking Terminal Complete Liquidation

Posted on May 6, 2024June 13, 2025 by Miedema Auctioneers

Gunville Trucking Terminal Complete Liquidation: Per order of US Bankruptcy Court (Case #19-90217

Listen in as Kurt Mingerink, President of Orbitbid, gives us a run down on the Gunville Trucking Terminal Complete Liquidation closing on Tuesday, May 7, 2024.

Equipment Auction Details: Click Here
Asset Auction Location: 1050 Washington Ave, Niagara, WI 54151

Don’t forget about the Gunville Trucking Terminal Real Estate Auction on Wednesday, May 29. Details found on the Real Estate here.

April 2024 Orbitbid Equipment Online Auction

Posted on April 11, 2024July 3, 2025 by Miedema Auctioneers

April 2024 Orbitbid Equipment Online Auctions

Looking to upgrade or add equipment to your current inventory or snag some fantastic deals? Look no further than Orbitbid’s lineup of online auctions happening throughout April 2024! This month offers a variety of opportunities for contractors, woodworkers, trucking companies, and anyone seeking quality opportunities to purchase new and used equipment.