Online crane rental platform MyCrane has launched an auction feature, devised to increase transparency, accelerate rentals and provide greater value for both customers and suppliers.
Accessible via the main rental platform, MyCrane Auction supports various action types – including reverse auctions, forward auctions, and sprint formats. At launch, the former is expected to be the most used, primarily for high-value, urgent, or competitive rental jobs. The system permits users to receive live bids from verified equipment providers in real time.
“MyCrane Auction removes uncertainty from the process,” said Andrei Geikalo, MyCrane founder and ceo. “For suppliers, it provides a transparent and efficient way to win more jobs, reduce time spent on negotiations, and gain access to high-value opportunities – all while ensuring they are competing fairly on the merits of their service, availability, and pricing. Soon, they’ll also be able to use the tool to arrange transport more efficiently.”
Providing side-by-side comparison of all offers as well as a transparent bidding interface, MyCrane Auction will soon be extended to include transport services, whereby suppliers can initiate their own auctions.
MyCrane launched its global equipment marketplace in November 2024.
