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Equipment Finance Advisor Search Results
News Stories (273 Results) - Auction News
RB Global, Inc. announced Ritchie Bros. Auctioneers sold over 16,500 equipment items, trucks and vehicles at its Feb. 19-23 premier global auction event in Orlando, FL, generating $258+ million in gross transaction value (GTV).The premier global...
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February 28, 2024, 07:00 AM
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Sandhills Global announced the introduction of Auction Values, a new resource offering auction results for recently sold construction equipment, farm machinery, trucks, trailers, recreational vehicles, motorsports vehicles, turf equipment, livestock...
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February 23, 2024, 07:15 AM
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AuctionTime.com ended 2023 on a spectacular note with a three-day auction event. That event alone exceeded $94.5 million in gross auction proceeds (GAP), easily surpassing 2022's year-end total by nearly $10 million. Over 6,000 assets were sold, with...
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January 05, 2024, 07:07 AM
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As inventory levels of used tractors in Sandhills Global marketplaces continue to recover from post-pandemic lows, auction values are exhibiting a decline, according to Sandhills' newest market reports. Inventories of used high-horsepower tractors...
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August 08, 2023, 07:10 AM
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Gordon Brothers is offering for sale by online auction the tall ship Lord Nelson on behalf of Richard Lewis and Sarah O’Toole, the Joint Administrators of Jubilee Sailing Trust Limited. Lord Nelson was built in 1985 and is the first tall ship in the...
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June 09, 2023, 07:00 AM
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Ritchie Bros. Auctioneers Incorporated announced that with the successful closing of the IAA, Inc. acquisition, the company is changing its corporate name to RB Global. The company's common shares will continue to be listed for trading on the New...
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May 10, 2023, 07:18 AM
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Ritchie Bros. conducted its largest Canadian auction of the year, selling 12,000+ equipment items and vehicles over five days, generating more than $164 million in gross transaction value. The online and onsite auction attracted more than 21,000...
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May 02, 2023, 07:18 AM
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Ritchie Bros. sold over 5,100 items from three locations in its Rocky Mountain Regional Event, generating more than $52 million in gross transaction value.The online and onsite auction attracted more than 12,300 bidders from over 45 countries, with...
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March 13, 2023, 07:00 AM
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Ritchie Bros. sold over 5,500 equipment items, trucks and vehicles at its site in Edmonton, AB, generating more than $52 million in gross transaction value.The online and onsite auction attracted more than 15,300 bidders from over 40 countries, with...
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March 09, 2023, 07:00 AM
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Ritchie Bros. sold over 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value.The February 20-24 auction attracted over 22,600 people from over 80...
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February 28, 2023, 07:18 AM
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With its first Houston, TX site auction of the year, Ritchie Bros. attracted more than 14,500 bidders to compete for over 6,500 items, generating more than $61 million in gross transaction value.Approximately 87 percent of the equipment in the Feb....
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February 21, 2023, 07:12 AM
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Ritchie Bros.' February Orlando auction is its premier global event, with 200 acres of heavy equipment and trucks selling in just five days. This year's event on February 20 – 24 features more than 10,000 items from 800+ owners, with all items to be...
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January 30, 2023, 07:05 AM
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Selling equipment on your own is a lot easier with Ritchie List, which provides customers the control they want and the tools they need to sell privately for top dollar. Launched in 2021, Ritchie Bros.' first North American listings site—based on its...
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January 17, 2023, 07:10 AM
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For the first time in its 11-year history, Ritchie Bros. Financial Services surpassed $1 billion in annual funded volume, helping tens of thousands of customers around the world purchase used equipment, vehicles, and other industrial assets in...
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January 11, 2023, 07:25 AM
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bidadoo ended a record 2022 with double the volume and 90 percent sales growth in fourth quarter year over year. During Q4, bidadoo rocketed to a 101 percent increase in items sold, year over year. With changing macro-economic trends, bidadoo drove...
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January 11, 2023, 07:05 AM
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Ritchie Bros. conducted its largest auction ever in the Pacific Northwest, selling over 3,700 items from five locations in one online auction and generating more than $50 million in gross transaction value.The event attracted over 8,200 bidders from...
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December 28, 2022, 07:12 AM
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Ritchie Bros. conducted its largest ever December auction in Texas, selling over $86 million of equipment and trucks for more than 800 consignors in three days.The December 13–15 Fort Worth auction attracted more than 12,600 registered bidders from...
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December 20, 2022, 07:10 AM
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The CEO of Ritchie Bros., Ann Fandozzi, was recognized by Canada's largest newspaper, The Globe & Mail, as its CEO Innovator of the Year. In its article discussing Fandozzi's recognition, the Globe & Mail outlines how she has "pushed to transform the...
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December 02, 2022, 07:15 AM
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With its final Houston, TX site auction of the year, Ritchie Bros. attracted more than 11,200 online bidders to compete for over 6,000 items, generating over $64 million in gross transaction value. Approximately 87 percent of the equipment in the Nov...
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November 15, 2022, 07:10 AM
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With its fifth Edmonton, AB auction of the year, Ritchie Bros. attracted more than 16,500 bidders to compete for over 10,000 items, generating more than $73 million in gross transaction value.Approximately 92 percent of the equipment in the October...
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October 31, 2022, 07:12 AM
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bidadoo reported record quarterly sales for its third quarter), with a 64 percent increase in sales, year-over-year. This was fueled by further adoption of online auctions and marketplaces as evidenced by the 72 percent increase in the number of...
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October 06, 2022, 07:12 AM
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Ritchie Bros. sold close to 5,000 equipment items and trucks over three days for more than $71 million in gross transaction value, which is up 25 percent from the same auction last year. The unreserved online auction in Fort Worth, TX attracted more...
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September 26, 2022, 07:12 AM
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Ritchie Bros. latest Edmonton, AB auction included over 8,300 equipment items selling for more than S$58 million in gross transaction value, which is a 29 percent increase over the same event last year.The online auction attracted more than 14,600...
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September 13, 2022, 07:00 AM
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In its fourth Houston auction of the year, Ritchie Bros. sold more than 4,980 equipment items for 675 consignors, generating over $54 million in gross transaction value."Another strong Houston auction with a ton of customers visiting the site ahead...
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August 29, 2022, 07:21 AM
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With its August Market Trends Report, Ritchie Bros. focuses on large and small excavator sales in the United States and Canada. In the U.S., median prices for large excavators are down 9 percent year over year, while mini excavator prices declined 5...
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August 19, 2022, 07:10 AM
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With values in transition across equipment and trucking industries throughout Q2 2022, the newest market reports from Sandhills Global take a deeper look at the growing gap between asking and auction values within Sandhills marketplaces. Data for...
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August 18, 2022, 07:15 AM
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Tiger Group is auctioning more than 300 lots of machinery and equipment from South Gate’s century-old Bell Foundry Co. In addition to nine Fadal and Doosan CNC vertical machining centers, the online auction on Aug. 16 includes furnaces, molders...
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August 15, 2022, 07:00 AM
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Ritchie Bros.' latest Fort Worth, TX auction brought together 11,500+ bidders from 58 countries to compete for 4,200+ items, generating US$59+ million in gross transaction value.Approximately 90% of the equipment in the July 19 – 21, 2022 auction was...
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July 26, 2022, 06:00 AM
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Ritchie Bros. last week conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. The two largest of these events took place in Alberta and Texas, where Ritchie Bros. sold a combined $114 million of...
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June 28, 2022, 06:30 AM
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Ritchie Bros. is building bigger and better events with its regional auction format, bringing together more consignors and buyers to provide more selection and increased competition. Last week, the company held regional auctions on both sides of the...
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June 01, 2022, 07:10 AM
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Last week, Ritchie Bros. conducted its second Fort Worth, TX, auction of the year, selling over $60 million of equipment and trucks for more than 700 consignors. The three-day online auction saw gross transaction value grow approximately 9 percent...
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May 23, 2022, 07:06 AM
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Ritchie Bros. conducted its largest-ever auctions in Ontario and Manitoba, selling more than $54 million of equipment and trucks in Toronto and over $24 million of assets in Winnipeg. The multi-day online auctions attracted a combined 11,900...
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May 16, 2022, 07:06 AM
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Ritchie Bros. conducted its largest Canadian equipment auction of the year, selling 11,000+ equipment items and trucks for 1,600+ consignors in Edmonton, AB, and generating over $158 million in gross transaction value."There was a lot of excitement...
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May 09, 2022, 07:12 AM
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bidadoo reported record sales for its first quarter (Q1), as it continues to see a rapid shift from traditional models to online auctions and remarketing. bidadoo, a strategic partner with eBay, experienced record buyer demand throughout the first...
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April 25, 2022, 07:15 AM
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Equipment and truck pricing has hit record highs in 2022, showcasing a sellers' market with a ton of demand for equipment. For the first time in its history, Ritchie Bros. Financial Services (RBFS) has surpassed $1 billion in open credit approvals...
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April 20, 2022, 07:25 AM
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With tight equipment supply in the market, Ritchie Bros. continues to deliver selection for buyers and great returns for consignors, selling more than 4,400 equipment items and trucks for over $57 million from its Houston, TX auction site last...
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April 19, 2022, 07:10 AM
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Ritchie Bros. sold more than 2,800 items for over $29 million in its largest-ever automated online Timed Auction event in Sacramento, CA. With the Timed Auction format, buyers place a maximum bid online and the system bids for them up to that amount...
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April 07, 2022, 07:00 AM
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Ritchie Bros. conducted its largest Montreal auction ever last week, selling close to 3,000 equipment items and trucks for more than $38 million. The unreserved online auction attracted more than 7,400 registered bidders from over 40 countries."We...
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March 29, 2022, 07:10 AM
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Ritchie Bros. announced record pricing continued in Texas last week, with the company's first Fort Worth auction of the year generating more than $79 million in gross transaction value. The three-day online auction attracted over 14,700 bidders from...
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March 22, 2022, 07:15 AM
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With its March Market Trends Report, Ritchie Bros. takes an in-depth look at equipment and truck sales from the company's recent six-day, over $213 million auction in Orlando, FL, last month.The March 2022 Report highlights Orlando sales of...
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March 21, 2022, 07:05 AM
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A week after selling more than 11,000 items in Orlando, FL, Ritchie Bros. was back at it with multi-day online auctions in Edmonton, AB, and the Rocky Mountain region of the U.S. The two unreserved auctions attracted a combined over 26,250 bidder...
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March 08, 2022, 07:00 AM
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Amid a tight supply environment, Ritchie Bros. welcomed thousands of motivated buyers online and onsite to its premier global equipment event in Orlando, FL. Buyers from around the world needing to fill immediate gaps in their fleets converged for...
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March 01, 2022, 07:20 AM
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Ritchie Bros. continued its auction season kick off in a big way, selling more than 7,400 items through two events – a $59 million record-breaking Phoenix, AZ, auction and a $55 million Houston, TX, auction. All assets were sold 100 percent...
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February 23, 2022, 07:16 AM
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Thoughtworks, a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, announced Ritchie Bros., a global asset management and disposition company, signed a multi-year agreement with Thoughtworks to...
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February 16, 2022, 07:12 AM
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Used equipment and truck prices reached unprecedented levels in 2021. With its January Market Trends Report, Ritchie Bros. looks closely at earthmoving and aerial equipment sales last year, with in-depth charts outlining volumes, median pricing, and...
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January 27, 2022, 07:03 AM
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Competition for used equipment and trucks has never been stronger, with supply chains disrupted and online demand driving record pricing for consignors. Last week, Ritchie Bros. attracted more than 8,500 online bidders from 65 countries to compete...
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December 28, 2021, 07:06 AM
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Ritchie Bros. has completed its largest-ever auction in Chehalis, WA, selling over 2,600 equipment items and trucks for some 500 owners and generating more than $41 million in gross transaction value.The online auction attracted 9,950 bidders from 58...
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December 27, 2021, 07:05 AM
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Ritchie Bros. regional auctions continue to drive unprecedented demand, with the company's latest events in the Northeast and the Great Lakes generating more than $45 million and over $42 million in gross transaction value."Good quality...
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December 22, 2021, 07:17 AM
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Ritchie Bros. continues to attract record demand in Texas, with more than 12,400 bidders registered for its latest over $58 million used equipment and truck auction in Fort Worth.Approximately 93 percent of the items in the online auction was...
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December 14, 2021, 07:05 AM
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Ritchie Bros. returned to the Rocky Mountain region to sell over 3,800 equipment items and trucks from seven different locations in one online event. The two-day auction attracted more than 11,000 bidders and generated over $50 million in gross...
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December 07, 2021, 07:09 AM
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Ritchie Bros. held a three-day unreserved auction in Grande Prairie, AB, selling more than 2,700 equipment items and trucks for over 400 consignors, generating over $41 million in gross transaction value.The online auction attracted 10,000+ bidders...
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December 06, 2021, 07:05 AM
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Ritchie Bros. conducted its final Orlando, FL, auction of the year last week, selling more than 3,300 equipment items and trucks for more than 375 consignors, generating over $45 million in gross transaction value.The online auction attracted roughly...
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November 22, 2021, 07:10 AM
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Ritchie Bros. was back in Houston, TX, to sell over 4,650 equipment items and trucks for 675 consignors, generating more than $55 million in gross transaction value.The auction attracted 13,200+ bidders from 57 countries. Approximately 88 percent of...
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November 16, 2021, 07:15 AM
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Ritchie Bros. conducted a three-day auction at its Edmonton, Alberta, site, selling more than 600 equipment items and trucks for over 950 owners and generating more than $69 million in gross transaction value.The auction attracted over 17,700 online...
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November 02, 2021, 07:00 AM
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Selling equipment on your own got easier with RitchieList.com, the latest solution from industry-leader Ritchie Bros. This easy-to-use equipment listing service gives customers the control they want and the tools they need to sell privately for top...
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October 20, 2021, 07:10 AM
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Ritchie Bros. regional online auctions keep rolling, with its latest Rocky Mountain event attracting more than 11,200 online bidders from 62 countries to compete for some 2,900 items, generating over $41 million in gross transaction value. Equipment...
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October 14, 2021, 07:10 AM
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Ritchie Bros.' latest Great Lakes Regional Event featured over 3,600 equipment items and trucks stored in three locations: Columbus, OH; Chicago, IL; and a new local yard in Detroit, MI. The two-day online auction attracted more than 10,000 bidders...
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October 04, 2021, 07:08 AM
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Ritchie Bros.’ latest Texas auction attracted more than 12,600 online bidders from 64 countries to compete for over 4,300 items consigned by over 600 sellers. As a result of this unprecedented demand, Ritchie Bros.' Fort Worth auction generated more...
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September 27, 2021, 06:00 AM
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Ritchie Bros. Auctioneers announced the closing of an amendment and extension of its credit agreement totaling US$1.045 billion with a syndicate of lenders comprising:
Multicurrency revolving facilities of up to US$750 Million
A...
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September 22, 2021, 07:00 AM
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Ritchie Bros. launched its Marketplace-E solution as a price-controlled option for consignors with Make Offer and Buy Now formats. In 2021 this new innovative solution is continuing to gain steam, with more than $500 million of equipment sold through...
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September 20, 2021, 07:07 AM
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Ritchie Bros. held its fourth Edmonton site auction of the year, selling more than 8,100 equipment items and trucks for over 1,100 consignors. The three-day online auction attracted more than 15,200 online bidders and generated more than $46 million...
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September 13, 2021, 07:07 AM
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eBay Inc. announced a strategic partnership and investment in bidadoo, an online remarketing and auction company of equipment, trucks and capital assets. As one of the largest marketplaces for heavy equipment, eBay offers buyers a wide selection of...
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September 10, 2021, 07:22 AM
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Ritchie Bros.' Texas team has had a busy summer, with a more than $50 million auction in Fort Worth in July, an over $99 million retirement sale for Barrilleaux Inc. in early August, and $48 million auction in Houston.The company's latest Houston...
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August 30, 2021, 07:17 AM
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Last week Ritchie Bros. sold US$99+ million of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux Inc. In less than two days the company sold 3,100+ items from three Barrilleaux locations in New Mexico and Texas...
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August 17, 2021, 07:20 AM
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Ritchie Bros. regional online auctions continue to deliver stellar results for its consignors. The company sold more than 3,900 items from its sites in Denver, CO; Salt Lake City, UT; and Williston, ND in one combined online Rocky Mountain event...
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August 12, 2021, 07:00 AM
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Ritchie Bros.' Texas team held a more than $50 million auction at its site in Fort Worth, TX. The two-day online auction attracted more than 11,250 people to bid on 3,750 items, resulting in strong pricing across nearly every asset...
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July 27, 2021, 07:07 AM
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The recent online auction of assets from a 30-barrel, semi-automated brewhouse in Eureka, CA, by Tiger Group and Schneider Industries generated proceeds that were 15 percent above the sale partners’ expectations. The auction attracted 236 registered...
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July 12, 2021, 07:03 AM
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Ritchie Bros. will conduct its largest-ever, single-owner auction for Barrilleaux Inc., an oilfield pipeline construction company based in New Mexico and Texas. Tens of millions of dollars of equipment will be sold in this two-day event."Barrilleaux...
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June 30, 2021, 07:00 AM
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Ritchie Bros. June Houston, TX, auction saw a 30 percent increase in both gross transaction value and bidder registrations year over year. The two-day unreserved auction attracted 12,000 bidders and generated more than $56 million in GTV.
"Our...
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June 21, 2021, 07:05 AM
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May was another busy month for Ritchie Bros., with multiple record-breaking events and strong pricing across almost every single asset category. According to Ritchie Bros.' June Market Trends Report, U.S. truck tractor pricing is up 23 percent year...
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June 10, 2021, 07:00 AM
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Ritchie Bros.’ regional auctions keep rolling, with more than 800 companies selling in the May Rocky Mountain event. More than 4,850 equipment items and trucks were sold in the auction for more than $54 million, matching the record-breaking $54...
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June 03, 2021, 07:05 AM
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Buyer demand and equipment pricing continues to trend upwards at Ritchie Bros. auctions around the globe. Most recently the company sold over 4,300 equipment items and trucks for more than $55 million at its site in Fort Worth, TX. The online auction...
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May 24, 2021, 07:10 AM
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With record online demand, Ritchie Bros. continues to see positive price performance in all its auctions and marketplaces. The company's May 2021 Used Equipment Market Trends Summary report shows U.S. truck tractor pricing up 24 percent...
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May 11, 2021, 07:00 AM
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Ritchie Bros. sold a record-setting 13,600 items over six days for $162 million in Edmonton, Alberta. The auction attracted more than 28,700 online bidders from over 70 countries—surpassing the previous company record, set in Edmonton last May, by 22...
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May 10, 2021, 07:05 AM
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Every spring, Ritchie Bros. holds dozens of farm retirement dispersals across Western Canada. Traditionally the company would drive from farm to farm as a travelling auction company, but in spring 2021 all bidding is conducted online via Timed...
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May 07, 2021, 06:59 AM
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Next week Ritchie Bros. will conduct its largest auction ever, selling approximately 14,000 items for more than 1,700 consignors in Edmonton, AB. In more than 60 years, the company has never seen this much equipment in one place and in six days it...
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April 28, 2021, 07:05 AM
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Ritchie Bros. inspects tens of thousands of equipment items each month, in preparation for sale in one of its numerous sales solutions, including live/online auctions with Ritchie Bros. Auctioneers, weekly online marketplaces at IronPlanet, and a...
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April 08, 2021, 07:15 AM
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Ritchie Bros.’ regional auction success continued with a more than $52 million Midwest event. More than 5,000 equipment items were stored, inspected and sold from six Ritchie Bros. locations in five states—including Chicago, IL; Minneapolis, MN;...
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April 05, 2021, 07:02 AM
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Since moving its auctions to 100 percent online bidding, Ritchie Bros. has taken advantage of the digital world by bringing smaller auctions together to create bigger online events. With the company's Northeast Regional Event, Ritchie Bros. sold more...
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March 29, 2021, 07:05 AM
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Ritchie Bros. conducted its largest Texas auction ever, attracting 76 percent more bidders year over year and achieving $95 million in gross transaction value—surpassing its previous Texas sales record, set June 2020, by 17 percent.The Fort Worth...
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March 23, 2021, 07:05 AM
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Ritchie Bros. continues to deliver outstanding results to its consignors, with unprecedented demand and strong pricing in 2021. The company sold more than 4,300 equipment items and trucks in its largest-ever Toronto, ON, auction. The online event...
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March 16, 2021, 07:00 AM
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Ritchie Bros.' GovPlanet marketplace has been helping the U.S. Department of Defense's (DoD) Defense Logistics Agency (DLA) sell thousands of its surplus rolling stock assets for the past seven years. Three years ago, Ritchie Bros. extended its...
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March 12, 2021, 07:03 AM
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Ritchie Bros. has come out strong in 2021, driving record demand and achieving strong equipment and truck prices for sellers. The company attracted close to 12,000 bidders for its Rocky Mountain Regional Auction, selling more than 4,150 items for...
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March 09, 2021, 07:05 AM
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Ritchie Bros. drove strong results for consignors with its first big Canadian auction of the year, selling more than 5,100 equipment items and trucks in Edmonton, AB, for $42 million. The three-day, online auction attracted more than 17,000 bidders...
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March 03, 2021, 07:00 AM
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Ritchie Bros.' February Florida auction is a destination event for equipment buyers and sellers, attracting thousands of people from around the world to the Sunshine State. This year, with COVID-safety its focus and a wealth of technology in its...
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February 23, 2021, 07:10 AM
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Ritchie Bros.’ 100 percent online auctions continue to drive strong results for consignors in 2021. The company sold more than 4,600 items located at its Houston, TX, auction site to online buyers around the world for more than $47 million. The...
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February 11, 2021, 07:00 AM
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Ritchie Bros. has been conducting massive auctions in Orlando, FL, for decades, attracting travelers from around the world every February—this year will be different. Due to COVID-19, to ensure the safety of its customers and employees, Ritchie Bros....
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February 10, 2021, 07:00 AM
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Ritchie Bros. sold close to 20,000 items through 11 auctions, including a $40 million Great Lakes Regional auction and a $41 million Northeast Regional event. All assets were sold 100 percent online due to COVID-19.Ritchie Bros. combined more than...
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December 24, 2020, 07:11 AM
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Ritchie Bros. conducted its largest Grande Prairie, AB, auction ever, selling more than 4,900 equipment items for over $63 million—surpassing the previous gross transaction value (GTV) record by 32 percent.A record 12,350 online bidders from 53...
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December 02, 2020, 07:05 AM
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Demand for equipment at Ritchie Bros.' online auctions continues to break records, as the company saw bidder registrations jump 39 percent year over year for this week's more than $53 million auction in Houston, TX.
Due to COVID-10, the Nov. 10–11...
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November 12, 2020, 07:00 AM
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Just seven weeks after selling more than 10,000 items, Ritchie Bros.' Edmonton team was back at it last week, selling another 9,200 items for $83 million over four days.The Edmonton auction attracted 18,945 bidders from 58 countries, which is up 49...
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November 02, 2020, 07:00 AM
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Ritchie Bros. put on another big auction in Fort Worth, TX, this week, selling more than 5,200 equipment items and trucks over two days for more than $68 million.More than 11,300 bidders from 72 countries registered for the auction, which was...
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October 02, 2020, 07:00 AM
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In Houston, TX, Ritchie Bros. sold more than 5,300 equipment items and trucks for over $57 million, setting new site records for total gross transactional value for an August auction and total number of registered bidders.The Houston auction, which...
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August 28, 2020, 07:12 AM
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Aucto.com, an online industrial marketplace designed to help corporations recover value from surplus assets, announced the decision to expand its reach to include the buying and selling heavy machinery and fleet vehicles on the platform.This...
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August 14, 2020, 06:59 AM
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In the first half of 2020, Ritchie Bros. attracted 73 million visits to its various web platforms, so it should come as no surprise that the company has sold more than $1 billion of equipment through its online marketplaces over the past year (August...
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August 13, 2020, 07:05 AM
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Bidder registrations at Ritchie Bros. auctions continue to surge, with more than 10,800 people from 60 countries registering to bid for its big summer Fort Worth, TX, auction. More than 4,400 equipment items and trucks were sold for more than $58...
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August 03, 2020, 07:10 AM
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Ritchie Bros. conducted its first online-only auction in Mexico, at its site in Polotitlán. Traditionally the site sees more than 80 percent of its bidders participating in person, so this was a big challenge for the company—and it succeeded. The...
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July 09, 2020, 07:00 AM
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The online strength and global network of Ritchie Bros. was on full display last week as the company set a new record, selling more than 35,000 equipment items and trucks in 29 online auctions across five countries in just five days—making it the...
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June 29, 2020, 07:10 AM
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This week, Ritchie Bros. will have its biggest week ever, selling more than 35,000 equipment items in 29 auctions across the United States, Canada, France, Germany and Australia. In just five days (June 22 – 26) the company will sell 3,800+ truck...
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June 22, 2020, 07:10 AM
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Ritchie Bros. conducted its largest ever Fort Worth, TX, auction this week, selling close to 5,300 equipment items and trucks for more than $81 million. Due to the COVID-19 pandemic, the auction was held with online-bidding only and set a new site...
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June 05, 2020, 07:05 AM
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Ritchie Bros. sold a staggering more than 10,700 equipment items for $131 million in its first-ever online-only auction in Edmonton, AB. The company, which has been conducting auctions in Alberta for close to six decades, has temporarily converted to...
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May 18, 2020, 07:12 AM
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This week in Houston, TX, Ritchie Bros. sold more than 4,400 equipment items and trucks for more than $43 million.The auction, which was conducted with online-bidding only due to state gathering restrictions, attracted more than 8,600 registered...
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April 24, 2020, 07:00 AM
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Information is moving fast and so is Ritchie Bros. With concerns about large gatherings growing around the world due to the COVID-19 pandemic, many trade shows and events have been cancelled. Thanks to its industry-leading online bidding system and...
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March 17, 2020, 07:15 AM
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Ritchie Bros. continues to attract record numbers of bidders in 2020, with its latest auction in Fort Worth, TX, registering more than 9,150 bidders from 65 countries. More than $72 million of equipment items and trucks were sold in the March 10-11...
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March 13, 2020, 07:15 AM
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It's amazing what can happen when companies come together to raise money for a great cause. To celebrate 10 years of Discovery's Gold Rush television show, Volvo designed a special edition EC200E excavator, which was sold at Ritchie Bros.' premier...
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February 28, 2020, 07:00 AM
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Ritchie Bros. held its premiere global auction in Orlando, FL, selling more than 13,500 equipment items and trucks for $237+ million. The six-day sale set a new company record for attendees, registering a staggering 18,100 people from 85...
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February 24, 2020, 07:19 AM
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Ritchie Bros. conducted its largest Tipton, CA, auction ever, selling more than 2,600 equipment items and trucks for more than $27 million. The auction set site records for gross transaction value, number of lots and bidders.A record 5,850 people...
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February 18, 2020, 07:05 AM
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Ritchie Bros. has started the year strong in Texas, selling more than 5,850 equipment items for more than $61 million in Houston—up approximately 35 percent from the same auction in 2019.More than 8,850 people from 71 countries registered to bid in...
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February 13, 2020, 07:10 AM
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AuctionTime.com sold more than $7 million (gross auction proceeds) in agricultural equipment, construction equipment, commercial trucks and trailers in its online-only auction.More than 3,200 bidders from 49 states and 18 countries took part in the...
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January 20, 2020, 07:02 AM
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AuctionTime.com sold more than $105 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks and trailers during the month of December. In the final auction of the month—the largest sale of the year—AuctionTime.com...
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January 02, 2020, 07:15 AM
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Business and industrial auction service bidadoo announce its weekly online auctions have moved to daytime on Tuesday. After 16 years of evening auctions, many factors have prompted this move, including access to mobile technology, growth of buyer...
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December 31, 2019, 07:00 AM
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AuctionTime.com completed a three-day auction selling more than $35 million (gross auction proceeds) in construction equipment, agricultural machinery, commercial trucks and trailers.More than 9,100 bidders from all 50 states and 33 countries...
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December 24, 2019, 07:02 AM
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Just seven weeks after selling more than 10,700 items, Ritchie Bros.' Edmonton team was back this week with another five-day auction, selling 8,800 items for 1,100 owners and achieving $76 million in gross transactional value.More than 12,700 people...
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November 05, 2019, 07:05 AM
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In the final two-day, online-only auction for the month of September, AuctionTime.com sold more than $18 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks and trailers.More than 6,400 bidders from 48 states...
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September 30, 2019, 07:05 AM
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More than $61 million worth of equipment items and trucks were sold for over 730 owners in Ritchie Bros.’ latest Fort Worth, TX, auction, setting a new consignor record for the site.More than 6,800 people from 58 countries registered to bid on over 5...
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September 26, 2019, 07:00 AM
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Yoder & Frey Auctioneers Inc. has strengthened its team with the appointment of Chris Deason, an industry veteran, to assist in expanding new markets and further establishing the Y&F brand as a preferred US supplier.As part of the continued...
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September 24, 2019, 07:00 AM
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AuctionTime.com sold over $17 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks and trailers in this week's two-day, online-only auction.More than 5,800 bidders from all 50 states and 30 countries worldwide...
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September 17, 2019, 07:00 AM
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In its first ever, five-day auction in September, Ritchie Bros. sold a staggering 10,700 equipment items for more than $76 million at its site in Edmonton, AB.More than 14,350 people from 49 countries registered to bid in the event, including 11,600+...
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September 16, 2019, 07:15 AM
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In the final two-day, online-only auction for the month, AuctionTime.com sold more than $18 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks and trailers. More than 5,900 bidders from all 50 states and 31...
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September 03, 2019, 07:12 AM
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Ritchie Bros. sold more than 5,300 equipment items for over $45 million at its latest Houston, TX, auction.More than 7,250 people registered to bid in the two-day auction, including 5,850 registering to participate online. U.S. buyers purchased...
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August 23, 2019, 06:00 AM
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Ritchie Bros. held the pipeline construction event of the year in Columbus, OH, selling more than 5,000 items for more than $93 million over two days. The big highlight of the event: 138 pipelayers sold for $45 million in just two hours.The auction...
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July 02, 2019, 07:12 AM
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Ritchie Bros. conducted its third Edmonton, AB, auction of the year, selling more than 7,400 equipment items and trucks for $54 million.More than 10,100 people from 49 countries registered to bid in the June 20–22, event, including 8,300 online...
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June 24, 2019, 07:17 AM
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Ritchie Bros.' cloud-based SaaS solution RB Asset Solutions, brings together a suite of tools and services to help customers better manage, analyze and sell their assets. Komatsu Europe is the latest OEM dealer network to sign up for the service...
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May 29, 2019, 07:10 AM
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Ritchie Bros. set a new record in Toronto, ON, selling 3,750 equipment items and trucks over two days for more than $34 million.The May 7–8 auction attracted 5,800 people from 53 countries, including 4,100 online bidders. Approximately 88 percent of...
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May 09, 2019, 07:15 AM
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Ritchie Bros. sold 12,300 equipment items and trucks for $154 million during its massive five-day auction in Edmonton, AB.A record 17,600 bidders from 59 countries registered to participate in the April 30–May 4 auction, including 13,500 online...
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May 06, 2019, 07:14 AM
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At its second Houston, TX, auction of the year, Ritchie Bros. sold more than 4,400 equipment items over two days for more than $47 million.More than 6,350 people registered to bid in the April 16 – 17 auction including 4,900 registering to...
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April 19, 2019, 07:05 AM
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Ritchie Bros.' Fort Worth, TX, auction site set a new bidder record during its first auction of the year, attracting close to 7,200 people to participate in its $56 million auction.More than 4,800 items from roughly 670 owners were sold in the...
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March 15, 2019, 07:05 AM
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Ritchie Bros. conducted its first Edmonton, AB auction of the year this week, selling more than 5,000+ equipment items and trucks over three days for $52+ million—up 15% year over year. More than 10,150 bidders from 54 countries registered to...
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March 01, 2019, 07:00 AM
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A sea of equipment stretched over the 220-acre Ritchie Bros. auction site in Orlando, FL last week as the company hosted its largest auction ever. Over six days the company sold a staggering 13,350+ assets for a record US$297+ million—up seven...
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February 25, 2019, 07:10 AM
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Ritchie Bros. conducted its largest Tipton, CA auction ever, selling more than 2,250 equipment items and trucks for more than $23 million on February 15.A record 4,850 people from 44 countries registered to bid in the unreserved public auction...
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February 19, 2019, 07:15 AM
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NextLot, Inc., a provider of privately branded online auction solutions for auctioneers, announced it launched an integration with Currency, an online transaction empowerment company. Through Currency’s Express Finance decisioning engine, NextLot can...
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January 15, 2019, 07:04 AM
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Moody's Investors Service upgraded Ritchie Bros. Auctioneers Incorporated's (RBA) corporate family rating (CFR), its probability of default rating, its senior secured rating and its senior unsecured rating to Ba3 from B2. The speculative grade...
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December 28, 2018, 07:12 AM
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AuctionTime sold over $42 million (gross auction proceeds) in construction equipment, agriculture equipment, trucks and trailers in its recent two-day, online-only auction. As the company's largest auction to date, the sale included over 3,600 assets...
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December 27, 2018, 07:00 AM
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Ritchie Bros. held its sixth and final auction of the year in Edmonton, selling $62 million of equipment and trucks over three days, bringing its 2018 total to 41,400 items sold for $491 million—up 15 percent from 2017.The Dec. 11–13 auction...
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December 17, 2018, 06:55 AM
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It's not every day you see hundreds of thousands of U.S. military items—including Humvees, tactical vehicles, uniforms, field gear and more—sell in just two days, but Ritchie Bros.' GovPlanet marketplace did exactly that last week.GovPlanet sold more...
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December 12, 2018, 07:10 AM
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Ritchie Bros. ended its 2018 Houston auction season with a strong event this week, selling more than $50 million of equipment and setting multiple site records.Approximately 5,600 people from 58 countries registered to bid in the Nov. 6 – 7, 2018...
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November 08, 2018, 07:07 AM
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With its fifth Edmonton, Alberta, auction of 2018, Ritchie Bros. sold more than 7,800 equipment items for $89 million.The four-day auction attracted more than 10,100 bidders from 46 countries, including 7,950 people who registered to bid online....
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October 30, 2018, 07:01 AM
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Ritchie Bros. was back in Texas for its fourth Fort Worth auction of the year, selling more than $50 million of equipment and trucks for 600+ consignors.More than 5,000 people from 52 countries registered to bid in the Sept. 25–26 auction, including...
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September 27, 2018, 07:00 AM
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PowerChina Trade Solution Group Ltd., one of the world's largest construction companies, has selected Ritchie Bros. as a key partner for its surplus equipment disposition. In early September, the two companies signed a multi-year agreement that will...
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September 19, 2018, 07:25 AM
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For the past four years, the GovPlanet marketplace has helped the U.S. Department of Defense sell thousands of its rolling stock surplus assets, including Humvees, utility trailers, cargo trucks and more. In 2018, the DoD also began selling its...
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September 10, 2018, 07:05 AM
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Ritchie Bros. started September strong, with a more than $60 million auction in Edmonton, AB, this week, selling equipment for more than 1,000 consignors. The three-day auction attracted more than 9,000 bidders from 49 countries, including 6,850...
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September 07, 2018, 07:00 AM
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Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its latest Houston unreserved auction.More than 5,100 people from 58 countries registered to bid in the Aug. 21-22 auction, including 3,600+ people registering to bid...
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August 24, 2018, 07:10 AM
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On Sept. 5, GovPlanet will host its first live auction, for the Pennsylvania Department of General Services, selling more than 350 equipment items and trucks without reserves in a single day. Highlights include excavators, dump trucks, paving rollers...
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August 23, 2018, 06:50 AM
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Ritchie Bros. will begin selling hundreds of non-rolling stock items for the U.S. Department of Defense each week through its online marketplace GovPlanet.com. For the past three and a half years the U.S. DoD has been selling its surplus rolling...
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July 18, 2018, 07:15 AM
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Ritchie Bros. Auctioneers held its third Houston auction of 2018, selling more than 4,300 equipment items and trucks over two days for some $44 million.
More than 4,150 people from 55 countries registered to bid in the auction (June 19–20)...
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June 22, 2018, 07:10 AM
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Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, Texas.More than 4,750 people from 59 countries registered to bid in the May 15-16 event, including more than 3,450 people...
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May 17, 2018, 07:12 AM
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Following up on its successful IronPlanet "Big Spring" event in March, Ritchie Bros. is set to host another special IronPlanet online event on May 24, selling 2,100+ items from sellers across North America.
"We have a real nice selection of items in...
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May 16, 2018, 06:55 AM
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Last week Ritchie Bros. conducted its largest Canadian auction of the year, selling more than $161 million (CA$207 million) of equipment over five days in Edmonton, Alberta.The April 24–28 auction attracted more than 14,000 bidders from 59 countries...
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April 30, 2018, 07:00 AM
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After a soft launch in late 2017, Marketplace-E is being introduced by Ritchie Bros. as its latest buying and selling solution. Complementing the company's onsite unreserved auctions and online-only auctions through IronPlanet, Marketplace-E offers...
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March 29, 2018, 07:25 AM
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In its first Edmonton, AB auction of the year, Ritchie Bros. sold more than 4,250 equipment items and trucks over three days (February 27 – March 1) for CA$60+ million (US$47+ million).More than 8,500 bidders from 53 countries registered to...
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March 05, 2018, 07:00 AM
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Twelve thousand plus equipment items and trucks sold in just six days at a Ritchie Bros. auction held inOrlando, FL last week. This is the company's premier auction each year, and this year they did it better than ever, reaching US$278+ million in...
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February 26, 2018, 07:05 AM
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This week Ritchie Bros. Auctioneers held its first Houston auction of 2018, selling 3,800+ equipment items over two days for US$40+ million. More than 5,500 people from 56 countries registered to bid in the auction (February 13 – 14), including...
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February 16, 2018, 07:02 AM
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United Country Real Estate has launched an online equipment auction website—www.UCEquipmentAuctions.com—hosted by AuctionTime.com, the leader in online only auctions for agriculture and construction equipment, commercial trucks and trailers. The...
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January 29, 2018, 07:06 AM
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AuctionTime.com set a new record for gross auction proceeds in its final online only auction for 2017. The sale included over 3,600 assets; items received bids from over 9,800 bidders across all 50 U.S. states and 40 other countries worldwide. The...
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January 02, 2018, 07:02 AM
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Buyers and sellers around the world transacted over $21 million (GAP) in construction, agriculture, and commercial trucking assets last week through AuctionTime.com, an online auction platform focused within these industries. The two-day sale, which...
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December 18, 2017, 06:40 AM
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This week Ritchie Bros. sold 4,100+ equipment items and trucks for US$50+ million at its unreserved auction in Fort Worth, TX, setting a new December sales record for the site. More than 5,000 people from 60 countries registered to bid in the auction...
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December 15, 2017, 07:00 AM
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With its sixth and final Edmonton auction of the year last week, Ritchie Bros. sold 4,500+ equipment items and trucks for CA$66+ million (US$52+ million), bringing the site's 2017 total to 37,000+ items sold for CA$553+ million (US$421+ million). ...
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December 11, 2017, 07:00 AM
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This week Ritchie Bros. Auctioneers sold more than 3,800 equipment items and trucks for US$44+ million at its Houston, TX auction site. More than 4,900 people from 56 countries registered to bid in the two-day auction (Nov. 8 – 9), including 3,350+...
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November 10, 2017, 08:00 AM
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Ritchie Bros. sold more than 6,800 equipment items and trucks for US$73+ million in its October auction in Edmonton last week.. The four-day event held October 24 – 27, 2017, attracted more than 9,850 bidders from 47 countries, including 7,300+...
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October 30, 2017, 07:00 AM
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Ritchie Bros. Auctioneers held a two-day auction at its site in Fort Worth, TX this week, selling 3,800+ equipment items and trucks for US$52+ million. Online buyers purchased approximately 58 percent of the equipment More than 4,900 people from 55...
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September 29, 2017, 07:01 AM
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Ritchie Bros. conducted its fourth Edmonton auction of the year last week, selling 6,600+ equipment items and trucks for CA$75+ million (US$62+ million) over three days (Sep 6 – 8, 2017). More than 8,700 people from 52 countries registered to bid...
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September 11, 2017, 07:05 AM
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Ritchie Bros. Auctioneers conducted its fourth Houston auction of the year this week, selling 3,700+ equipment items and trucks for US$49+ million over two days (August 23–24, 2017), and setting a new site record for online sales. More than 4,500...
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August 25, 2017, 07:05 AM
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Ritchie Bros. held its sixth Texas auction of the year on July 19 – 20th, selling 3,400+ equipment items and trucks for US$42+ million at its auction site in Fort Worth. Approximately 59 percent of equipment was sold to online buyers in two-day July...
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July 24, 2017, 07:00 AM
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Ritchie Bros. conducted its third Houston auction of the year this week, selling 4,700+ equipment items and trucks for US$46+ million—making it the largest June auction ever for the site. Over two action-packed days (June 21 – 22, 2017), more than...
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June 23, 2017, 07:00 AM
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Ritchie Bros. conducted its third Edmonton auction of the year this week, selling 5,500+ equipment items and trucks for CA$72+ million (US$54+ million) over two days (June 13 – 14, 2017). More than 7,250 people from 50 countries registered to bid in...
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June 16, 2017, 06:33 AM
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Graebel Van Lines, one of the nation's largest privately-owned moving companies, has shut down operations and is selling more than 850 of its trucks and trailers at Ritchie Bros. unreserved public auctions across the United States in 2017. Every item...
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May 26, 2017, 07:10 AM
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Ritchie Bros. held its second Fort Worth, TX auction of the year this week, selling 3,800+ items over two days for US$41+ million. More than 4,250 people from 59 countries registered to bid in the May 17 – 18 auction, including 2,900+ bidders...
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May 22, 2017, 07:02 AM
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Ritchie Bros., the world's largest heavy equipment auctioneer and provider of end-to-end services announced the receipt of unconditional antitrust clearance from the U.S. Department of Justice for the proposed acquisition of IronPlanet®, a leading...
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May 19, 2017, 07:00 AM
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Ritchie Bros.' Toronto, ON auction site smashed its sales record for the third time in 12 months, selling CA$45+ million (US$32+ million) of equipment and trucks over two days (May 10 – 11, 2017). Toronto broke a single-auction sales record in May...
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May 15, 2017, 07:02 AM
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IronPlanet® announced APSV, the long-established U.K. supplier of ex-MOD and ex-PLC construction equipment, plant and trucks, as its first European customer on the new Marketplace Direct platform. Marketplace Direct features advanced, self-listing...
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May 10, 2017, 07:00 AM
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Ritchie Bros.' April auction in Edmonton attracted 13,800 people from 60+ countries, as 8,650+ items were sold over four days (April 25 – 28, 2017) for US$134+ million. Approximately 66 percent of the bidders in the auction registered to participate...
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May 01, 2017, 06:14 AM
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IronPlanet® debuted its next generation allEquip® fixed and negotiated pricing format. In response to growing demand, IronPlanet has launched an enhanced version of its successful allEquip format, which includes the ability to run multi-unit listings...
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March 28, 2017, 07:00 AM
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As the dust settled after two action-packed days at Ritchie Bros.' Fort Worth auction site (March 15-16), the sales figures and turnout revealed the company's largest-ever Texas auction. More than 5,675 people registered to bid in person and online...
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March 17, 2017, 07:00 AM
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Ritchie Bros. conducted its first Edmonton auction of the year last week, selling 5,000+ equipment items and trucks for CA$62+ million (US$46+ million) over three days (March 2 – 4, 2017). More than 8,650 people from across Canada and 46 other...
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March 09, 2017, 06:55 AM
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IronPlanet® debuted its new Marketplace Direct platform that offers advanced, self-listing functionality for larger-scale equipment sellers. Unique to the industry, Marketplace Direct provides an innovative listing and reporting solution that enables...
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February 24, 2017, 07:00 AM
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Ritchie Bros. conducted its first multi-day auction of 2017 in Houston, TX this week. More than 4,400+ equipment items and trucks were sold in the February 15 – 16 auction for US$42+ million. The two-day unreserved public auction attracted 5,100+...
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February 17, 2017, 07:00 AM
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Ritchie Bros. Auctioneers sold approximately $4.33 billion of equipment through 356 unreserved auctions and its online equipment marketplace during 2016. This is a new annual record for the Company, and represents a 2% increase in gross auction...
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December 27, 2016, 07:04 AM
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In 2016 Ritchie Bros. held six auctions at its flagship site in Edmonton, AB, selling 43,500+ equipment items and trucks for CA$728+ million (US$559+ million). This includes last week's two-day auction on December 8 – 9, when 4,500+ items were sold...
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December 12, 2016, 06:54 AM
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Ritchie Bros. held its fifth and final Fort Worth, TX auction of the year this week, selling 4,950+ items over two days for US$40+ million. More than 4,600 people from 56 countries registered to bid in the November 30 – December 1 auction, including...
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December 06, 2016, 07:00 AM
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IronPlanet® unveiled the new allEquip® fixed and negotiated pricing format with Make Offer functionality. Adding to its worldwide technology-driven online and onsite auction formats, with the new allEquip, IronPlanet now offers sellers the industry’s...
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November 17, 2016, 07:02 AM
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Ritchie Bros. announced that it has acquired Kramer Auctions, a leading Canadian agricultural auction company with exceptionally strong customer relationships in central Canada. This acquisition is expected to significantly strengthen Ritchie Bros.'...
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November 16, 2016, 07:12 AM
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Ritchie Bros. conducted its fifth and final Houston, TX auction of the year this week, selling more than 4,200 equipment items and trucks for US$43+ million. More than 4,725 people from 55+ countries registered to bid in the November 9 – 10 auction...
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November 11, 2016, 07:08 AM
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With winter on its way, many Alberta contractors are realigning their fleets for winter work, making it a perfect time for another Ritchie Bros. auction. More than 10,600 people registered to bid for the company's latest Edmonton, AB auction, held...
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October 31, 2016, 07:00 AM
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IronPlanet® announced record-breaking results from its month-long September to remember auction events. Combining both online and on-site auctions, the company sold 9,890 items for more than $99 million in GMV (Gross Merchandise Volume), during 23...
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October 21, 2016, 07:06 AM
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This week Ritchie Bros. conducted its largest-ever two-day auction in the United States. More than 3,400 equipment items were sold in Columbus, OH on September 28 – 29 for US$76+ million. Approximately US$61+ million of the equipment was sold on Day...
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September 30, 2016, 07:07 AM
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With thousands of buyers from around the world participating in Ritchie Bros.' eighth Texas auction of the year, Ritchie Bros. sold more than 4,400 equipment items and trucks for US$54+ million over two days in Fort Worth (Sept 21-22, 2016). More...
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September 23, 2016, 07:02 AM
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Last week Ritchie Bros. conducted its fourth Edmonton, AB auction of the year, selling 6,300+ equipment items and trucks for CA$82+ million (US$63+ million). More than 9,300 people from 42 countries registered to bid in the unreserved auction held...
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September 12, 2016, 07:07 AM
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IronPlanet® announced IronPlanet® LiveStream the next generation in online bidding for live on-site auctions. IronPlanet LiveStream builds on IronPlanet’s leading online technology with new live on-site auction features for buyers who need to stay in...
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September 09, 2016, 07:04 AM
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Ritchie Bros. Auctioneers Incorporated and IronPlanet® jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire IronPlanet for approximately US$758.5 million, subject to customary closing adjustments. Founded...
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August 30, 2016, 07:15 AM
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Ritchie Bros. conducted its fourth Houston, TX auction of the year last week, selling close to 4,300 equipment items and trucks over two days for US$53+ million.
More than 4,500 people from 58 countries registered to bid in the unreserved public...
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August 29, 2016, 07:05 AM
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Traditionally an agricultural hub for Ritchie Bros., the company's Tipton, CA auction site held a largely construction and transportation focused auction last week and set a new site sales record in the process. On August 17th, 1,350+ equipment items...
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August 22, 2016, 07:03 AM
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Ritchie Bros. announced that it has acquired the business of Petrowsky Auctioneers, significantly enhancing its market presence in the New England region. "Petrowsky's strong focus on customer relationships, trusted auction brand and well-established...
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August 03, 2016, 07:10 AM
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Records were smashed in Lethbridge last week, as Ritchie Bros. sold CA$24+ million (US$18+ million) of equipment in two days—with 67 percent (CA$16+ million) selling to online buyers. Traditionally the company's southern Alberta site has focused on...
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July 25, 2016, 07:00 AM
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This week Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for US$59+ million over two days in Fort Worth (July 20-21, 2016). More than 4,600 people from 55+ countries registered to...
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July 22, 2016, 07:00 AM
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IronPlanet® announced that buyers on IronPlanet, TruckPlanet® and GovPlanet® can now take advantage of instant Express financing on equipment purchases when they want to bid. Express, by Currency Capital, along with IronPlanet’s IronClad Assurance®...
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July 14, 2016, 07:02 AM
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Ritchie Bros. announced that it has completed its acquisition of the outstanding minority interest of Ritchie Bros. Financial Services, and has made a strategic investment in Machinio Corp. – a global search engine for finding, buying and selling...
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July 13, 2016, 07:18 AM
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The 50,000+ members of the National Joint Powers Alliance (NJPA) can now more easily sell their surplus heavy equipment, trucks and other assets—and reach the largest global market of buyers. Ritchie Bros. was recently awarded an auction services...
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July 01, 2016, 07:03 AM
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After just three auctions in 2016, Ritchie Bros.' Edmonton, AB team has already sold CA$451+ million of equipment and trucks—a 14% increase in sales compared to the same period last year. This includes a CA$91+ million (US$70+ million) auction held...
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June 24, 2016, 08:00 AM
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Two weeks after its largest Canadian auction ever in Edmonton, Alberta, Ritchie Bros. was breaking records again with its largest Ontario auction ever. On May 11-12, 2016, Ritchie Bros. sold more than 3,000 equipment items and trucks for CA$36+...
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May 16, 2016, 07:04 AM
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A diverse selection of construction, transportation and farming equipment attracted thousands of buyers from around the world to this week's Ritchie Bros. auction in Fort Worth, TX (May 4-5, 2016). By auction's end, 4,325 people had registered to bid...
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May 06, 2016, 04:00 AM
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More than US$47 million of equipment and trucks was sold in Ritchie Bros.' Houston, TX auction this week, which went ahead as scheduled despite heavy storms nearby. "Weather has never stopped a Ritchie Bros. auction," said Alan McVicker, Regional...
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April 22, 2016, 07:00 AM
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Ritchie Bros. Auctioneers announced it sold more than US$1 billion worth of equipment, trucks and other assets during the first quarter of 2016—representing 6.8% GAP growth compared to the first quarter of 2015, and a new first quarter GAP record. ...
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April 08, 2016, 07:10 AM
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Loeb Winternitz Industrial Auctioneers and Yellen Partners announced this week that they will be conducting a two day auction to liquidate the assets from Balmoral Racing Club, Inc. and Maywood Park Trotting Association, Inc. The auction will take...
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April 07, 2016, 07:00 AM
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Kruse Energy, an IronPlanet® marketplace, announced a one-day record at its Midland, Texas, auction that drove the company’s gross merchandise volume (GMV) sold to surpass $1.0 billion since mid-2005, when the company was formed. The first day of the...
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March 24, 2016, 07:05 AM
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More than 5,950 people registered to bid at Ritchie Bros.' first Denver, CO auction of the year . The record-breaking two-day auction set new Denver site records for number of sellers, items, bidders and total sales, which hit US$46+ million by...
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March 21, 2016, 07:07 AM
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At Ritchie Bros.' Grande Prairie auction this week, one thing became clear: records would be broken. By auction's end, CA$62+ million (US$46+ million) of equipment had been sold, and more than 7,150 people had registered to bid—both new records for...
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March 16, 2016, 07:03 AM
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IronPlanet and Auctions America, which specializes in the sale of American Classics, European sports cars, Detroit muscle, hot rods and customs, announced an agreement to jointly market Auctions America’s annual Fort Lauderdale event. To be held at...
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March 15, 2016, 06:57 AM
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Tiger Liquidity Services Energy Partners announces it will sell equipment from Enseco Services in Casper, Wyo. & Minot, N.D. during a March 22nd online sale; bidding opens March 16th.By order of the court appointed receiver, Tiger Liquidity Services...
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March 11, 2016, 06:56 AM
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Ritchie Bros. announced its recent two-day auction set a new Texas-state records for number of bidders and items sold. The yard was packed with equipment—all of it lined up carefully, ready to be sold—as huge crowds showed up to bid at the auction...
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March 04, 2016, 07:24 AM
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Ritchie Bros.' first Canadian auction of the year in Edmonton, AB, a three-day unreserved public auction (February 24 – 26), attracted 13,100+ bidders from 47 countries—50 percent more than the same auction last year. Ritchie Bros. sold more than...
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February 29, 2016, 07:15 AM
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Last week, buyers from around the world visited Ritchie Bros.' 200-acre Orlando, FL site for the year's largest equipment auction. In just five days, Ritchie Bros. sold a record 10,700+ items for US$172+ million. February is auction season in Florida...
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February 22, 2016, 07:12 AM
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Ritchie Bros. Auctioneers Incorporated announced that it has acquired Mascus International Holding BV ("Mascus"), a leading global online equipment listing service. The acquisition expands the breadth of equipment disposition and management solutions...
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February 19, 2016, 07:08 AM
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IronPlanet® sold more than 2,350 items for $93.8 million in gross merchandise volume, or GMV, at its Cat Auction Services unreserved public auction in Kissimmee, FL, last week. GMV from IronPlanet’s five-day sale held from February 8 – 12, 2016...
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February 19, 2016, 07:00 AM
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IronPlanet® will showcase U.S. military Humvees at its five day Kissimmee, Florida, unreserved public auction. GovPlanet, IronPlanet’s online marketplace for used government surplus, is auctioning three High Mobility Multipurpose Wheeled Vehicles...
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January 29, 2016, 07:05 AM
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Ritchie Bros. sold 3,650+ equipment items and trucks for US$43+ million at this week's unreserved public auction in Fort Worth, TX (December 2 – 3, 2015). Ritchie Bros. conducted five auctions in Fort Worth in 2015, selling a combined 18,800+ lots...
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December 04, 2015, 07:15 AM
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Ritchie Bros. sold 4,200+ equipment items and trucks for $50+ million at this week's unreserved public auction in Houston, TX. In total, the Company conducted five auctions in Houston in 2015, selling a combined 19,700+ lots for $238+ million with...
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November 13, 2015, 07:00 AM
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Yellen Partners, LLC (Yellen Partners), a financial services, asset management, auctioneer and appraisal firm, announced that Organic Avenue, LLC (Organic Avenue), the former grab-and-go destination for organic, plant-based meals and snacks in New...
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November 10, 2015, 06:18 AM
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Ritchie Bros. sold CA$137+ million (US$104+ million) of heavy equipment and trucks at its unreserved public auction in Edmonton, AB this week (October 27 – 29, 2015). Ritchie Bros.' Edmonton site has already surpassed its 2014 sales record, selling...
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October 30, 2015, 07:05 AM
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Yellen Partners, LLC (Yellen Partners), a financial services, asset management, auctioneer and appraisal firm, announced the second liquidation sale of nearly $1 million of former rental fleet construction equipment. The sale will be conducted as an...
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October 01, 2015, 06:33 AM
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Ritchie Bros. (NYSE:RBA), conducted its largest ever Texas auction this week, selling US$70+ million of heavy equipment and trucks at its permanent Fort Worth auction site. The two-day unreserved public auction on September 23 – 24, 2015, also set a...
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September 25, 2015, 07:00 AM
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IronPlanet announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.
“IronPlanet is continuing to build on the momentum we’ve...
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September 18, 2015, 07:06 AM
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Hilco Industrial and Gordon Brothers Group announced that they will run a private treaty sale process to sell an extensive fleet of trucking and heavy haul equipment from Butch’s Trucking Inc., one of the nation’s premier oil and gas servicing...
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August 31, 2015, 07:03 AM
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Ritchie Bros. sold US$45+ million of equipment and trucks at its unreserved public auction in Houston, Texas on August 26 – 27, 2015. More than 3,875 items were sold in the auction, including 285+ truck tractors, 160 frac tanks, 110 excavators, 55+...
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August 28, 2015, 06:58 AM
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IronPlanet and Finning International, the largest Cat® dealer in the world, announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace. Finning will be hosting...
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August 26, 2015, 07:12 AM
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Gordon Brothers Group will be selling a large package of equipment, formerly owned by Hodges Trucking Company L.L.C., in conjunction with Ritchie Bros. Auctioneer this September and October. On June 18, 2015, Gordon Brothers Group announced that it...
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August 17, 2015, 07:10 AM
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Ritchie Bros. sold more than US$53 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on July 22-23, 2015. The two-day auction set a new Fort Worth site record for number of lots sold, with more than 4,250 items...
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July 27, 2015, 07:02 AM
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Ritchie Bros. sold US$45+ million of equipment and trucks at its unreserved public auction in Houston, Texas on June 24 – 25, 2015. The two-day auction set a new Houston site record for number of sellers. Auction highlights included 325+ trailers...
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June 26, 2015, 07:00 AM
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Tiger Group’s Remarketing Services division has announced the creation of GearXpres, an auction marketplace dedicated to offering professional quality broadcast, film and A/V equipment under the direction of industry veteran Chris Thompson.GearXpres...
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June 18, 2015, 06:00 AM
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Ritchie Bros. sold US$40+ million of equipment and trucks at a record-breaking auction last week in Denver, Colorado (June 11 - 12, 2015). The two-day unreserved public auction set multiple site records, including total sales, online sales (US$17+...
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June 15, 2015, 07:21 AM
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Ritchie Bros.sold CA$96+ million (US$78+ million) of heavy equipment and trucks at an unreserved public auction in Edmonton, AB on June 9 – 11, 2015. The auction attracted 6,950+ bidders from 45+ countries, including 4,500+ online bidders (65...
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June 12, 2015, 07:05 AM
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IronPlanet sold $33.7 million in equipment at auctions held on May 13th – 14th, 2015. In addition to sales across its online marketplaces IronPlanet®, TruckPlanet, and GovPlanet, IronPlanet held two onsite auctions: a Cat Auction Services live...
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May 21, 2015, 06:30 AM
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In early May 2015, Phoenix-based Swift Transportation sold 25 2013 Volvo VNL 670 sleeper truck tractors on EquipmentOne, Ritchie Bros.' new secure online marketplace. The professionally-maintained, low mileage, late model trucks were listed for 10...
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May 18, 2015, 07:00 AM
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Ritchie Bros. sold more than $50 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on May 6 – 7, 2015. The two-day auction set a new Fort Worth site record for number of lots sold, with more than 3,900 items being...
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May 08, 2015, 07:00 AM
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Ritchie Bros. sold more than CA$215 million (US$177+ million) of heavy equipment and trucks at an unreserved public auction in Edmonton, AB from April 28 – May 1, 2015, making it the largest Canadian auction in Company history. The auction broke...
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May 05, 2015, 07:04 AM
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Ritchie Bros. sold more than US$57 million of equipment and trucks at its unreserved public auction in Houston, Texas on April 15 – 16, 2015. More than 3,800 items were sold, including 100+ excavators, 60+ crawler tractors, 55+ cranes, as well as a...
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April 17, 2015, 06:57 AM
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IronPlanet, the leading online marketplace for buying and selling used heavy equipment and trucks, sold $46.7 million in equipment at auctions held across its marketplaces March 25th – 27th. In addition to auctions held on IronPlanet’s online...
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April 01, 2015, 07:08 AM
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IronPlanet announced it will hold auctions on IronPlanet and across all of its marketplaces this Wednesday through Friday, as well as hold a joint live unreserved public auction with Cat Auction Services in Des Moines, Iowa, on Wednesday, March 25...
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March 24, 2015, 09:35 AM
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Ritchie Bros. sold more than CA$44 million (US$34+ million) of heavy equipment and trucks at an unreserved public auction in Montreal, QC on March 18 and 19, 2015—the largest Montreal auction in Company history. The two-day auction also set new site...
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March 20, 2015, 06:57 AM
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Ritchie Bros. sold more than US$47 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on March 4 - 5, 2015. The two-day auction set a new Fort Worth site record for number of registered bidders; more than 4,700...
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March 06, 2015, 06:56 AM
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Ritchie Bros. sold 4,600+ equipment items and trucks for CA$84+ million (US$67+ million) at an unreserved public auction in Edmonton, AB this week, making it the Company's largest Canadian auction ever held in February. The two-day auction, held...
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February 27, 2015, 06:59 AM
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Ritchie Bros. sold a record-breaking 10,500+ equipment items and trucks at its premier global auction last week in Orlando, Florida. The five-day unreserved public auction (February 16 – 20, 2015) attracted 9,350+ on-site and online bidders from 81...
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February 24, 2015, 07:00 AM
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Ritchie Bros. Auctioneers sold more than US$42 million of heavy equipment and trucks at an unreserved public auction in Houston, Texas on February 11-12, 2015. More than 3,800 lots were sold, including 190+ truck tractors, 60+ excavators, 30+ dozers...
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February 13, 2015, 06:17 AM
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The Industrial Auctioneers Association (IAA) presented its 2014 Marketing Award to Loeb Winternitz Industrial Auctioneers for their successful marketing and sale of the assets from Green Mountain Coffee Roasters. In May of 2014, Loeb Winternitz...
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February 02, 2015, 07:00 AM
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Ritchie Bros. Auctioneers sold approximately $4.2 billion of equipment through 349 unreserved auctions and its online equipment marketplace during 2014. This is a new annual record for the Company, and represents a 10.5% increase in gross auction...
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December 23, 2014, 07:05 AM
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IronPlanet and Associated Auction Services LLC, an alliance of Caterpillar and several of its independent Cat® dealers, that operates under the name of Cat Auction Services (hereinafter referred to as “Cat Auction Services”), confirmed that they have...
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December 22, 2014, 07:10 AM
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Ritchie Bros. Auctioneers sold more than US$63 million of heavy equipment and trucks in Edmonton, Alberta on December 11 – 12, 2014. This was Ritchie Bros.' 6,000th auction in its history and the largest December auction ever. More than 4,700...
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December 15, 2014, 07:00 AM
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Ritchie Bros. Auctioneers conducted its largest agriculture auction of 2014 yesterday in Saskatoon, SK (December 2), selling more than CA$41 million (US$36+ million) of equipment and trucks in a single day. The unreserved public auction also set new...
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December 03, 2014, 07:00 AM
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GovPlanet, an online marketplace dedicated to buying and selling used government assets, sold 158 inspected items from U.S. Department of Defense (DoD) surplus rolling stock at its first online auction held on November 19 at GovPlanet.com. “The...
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December 01, 2014, 06:53 AM
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Ritchie Bros. Auctioneers sold more than US$56 million of heavy equipment and trucks on November 12 – 13, 2014 at its permanent auction site in Houston, Texas. Auction highlights included 185+ truck tractors, 130+ excavators, 75+ agricultural...
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November 14, 2014, 06:42 AM
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IronPlanet announced that it has acquired Kruse Energy and Equipment Auctioneers LLC, the leader in oilfield equipment auctions, extending its presence in the oilfield industry. Terms were not disclosed. “IronPlanet and Kruse together will give our...
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November 04, 2014, 07:10 AM
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Ritchie Bros. Auctioneers sold more than US$98+ million of heavy equipment and trucks in Edmonton, Alberta on October 28 – 30, 2014. The unreserved public auction set new records for most items ever sold in a Canadian auction (close to 6,700) and...
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October 31, 2014, 06:41 AM
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Ritchie Bros. sold $36+ million of equipment in Montreal, attracting more than 5,000 bidders from 52 countries at its auction held September 24-25, 2014. The Company also held a two-day equipment auction at the same time in Fort Worth, Texas, which...
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September 29, 2014, 06:33 AM
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IronPlanet announced the launch of GovPlanet.com, an online marketplace dedicated to buying and selling used government assets. GovPlanet will be the primary marketplace for the sale of U.S. Department of Defense (DoD) rolling stock surplus...
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September 25, 2014, 06:26 AM
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Ritchie Bros. Auctioneers sold more than CA$83 million (US$75+ million) of heavy equipment and trucks in Edmonton, Alberta on September 10 – 12, 2014. This auction set multiple Company records for the month of September, including record gross...
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September 16, 2014, 06:40 AM
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Ritchie Bros. Auctioneers sold more than US$48 million of heavy equipment and trucks during an unreserved public auction at the Company's permanent auction site in Houston, Texas on August 27 & 28, 2014. More than 3,900 registered bidders competed...
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August 29, 2014, 06:52 AM
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The May Rouse Value Index™ for used equipment prices increased to 45.7, up 0.5% from April values. This is 5.6% higher than the prior peak period of 43.3 in April 2007, and 54.0% higher than prior trough period of 29.7 in June 2009. The Rouse Value...
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July 02, 2014, 06:50 AM
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Ritchie Bros. Auctioneers sold more than US$95 million of heavy equipment and trucks in Edmonton, AB on June 11 – 13, 2014. The auction set a new one-day sales record for the Company: more than CA$75 million (US$69+ million) of equipment was sold on...
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June 23, 2014, 06:30 AM
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Ritchie Bros. Auctioneers will sell a large selection of late model industrial and agricultural equipment at its unreserved public auction in St. Louis, MO on June 27, 2014. Equipment highlights in the auction include a selection of bulldozers and...
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June 16, 2014, 06:00 AM
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IronPlanet announced a licensing agreement with BiddingAce, a new online marketplace for general aviation aircraft. Under the agreement, BiddingAce uses IronPlanet technology to power its e-commerce marketplace. “IronPlanet is excited to extend our...
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June 11, 2014, 06:55 AM
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Ritchie Bros. and AssetWorks, a leading provider of Enterprise Asset Management software solutions, announced the availability of a prepackaged integration between the Ritchie Bros. EquipmentOne marketplace (www.EquipmentOne.com and AssetWorks...
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June 05, 2014, 05:59 AM
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Ritchie Bros. Auctioneers sold more than CA$40 million (US$36+ million) of equipment and trucks at its unreserved public auction in Montreal, QC May 21 - 22, 2014. The auction set multiple Montreal site records, including online sales (CA$18+ million...
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May 27, 2014, 06:15 AM
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Ritchie Bros. Auctioneers sold more than US$47 million of equipment items and trucks at a two-day unreserved public auction held at its permanent auction site in Fort Worth, Texas on May 14 & 15, 2014. The auction set a new record for online sales in...
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May 19, 2014, 06:28 AM
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Ritchie Bros. Auctioneers sold more than CA$143 million (US$129+ million) of trucks and heavy equipment in Edmonton, AB on April 23 - 25, 2014, making it the largest Canadian auction in Company history. Multiple other records were broken in the...
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April 29, 2014, 06:15 AM
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Ritchie Bros. Auctioneers officially opened its new auction site in Manchester, NH on April 17th during a multi-million dollar grand opening auction. More than 1,400 bidders from 40 countries registered on site or online to participate in yesterday's...
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April 21, 2014, 05:56 AM
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IronPlanet will celebrate the 14th anniversary of its first auction this week. “We’re excited to celebrate 14 years of growth since our first online auction,” said Greg Owens, CEO, IronPlanet. “We have attracted more than one million registered users...
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March 26, 2014, 05:59 AM
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Gordon Brothers Group received sale order approval by the Federal Bankruptcy Court in Delaware for Green Field Energy Services, Inc.’s entire portfolio of equipment and inventory assets. Green Field Energy Services, a well service provider...
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March 18, 2014, 06:00 AM
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Ritchie Bros. Auctioneers conducted a record-breaking US$60+ million two-day auction in Las Vegas, NV last week (March 6 & 7, 2014). The unreserved public auction was the largest the site has ever conducted in terms of gross auction proceeds, number...
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March 11, 2014, 06:30 AM
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Ritchie Bros. Auctioneers sold more than CA$57 million (US$51.5+ million) of equipment and trucks at its first Canadian auction of 2014, held at its permanent auction site in Edmonton, AB on February 26 - 27, 2014. Close to 3,800 equipment items and...
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March 03, 2014, 06:00 AM
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Ritchie Bros. Auctioneers conducted a record-breaking unreserved public auction at its auction site in Tipton, CA on February 14, 2014. The multi-million dollar auction set new Tipton site records for number of registered bidders (2,850+) and number...
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February 24, 2014, 06:00 AM
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IronPlanet announced it has surpassed 1 million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com. “This is an exciting milestone for us because it demonstrates that more than 1 million users...
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February 21, 2014, 06:51 AM
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The December Rouse Value Index for used equipment decreased to 44.1, down 0.7% from November values. This is 1.1% higher than prior peak of 43.6 in April 2007, and 48.5% higher than prior trough of 29.7 in June 2009. The Rouse Value Index measures...
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February 03, 2014, 06:00 AM
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IronPlanet, a leading online marketplace for used heavy equipment, announced it will host the industry’s first major auction of 2014 on Jan. 28-31, featuring nearly 2,000 construction and related items for sale online.“IronPlanet is dedicated to...
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January 21, 2014, 06:00 AM
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Ritchie Bros. Auctioneers sold approximately $3.8 billion of equipment at 356 unreserved auctions around the world in 2013. This represents a 3% decrease in gross auction proceeds (GAP) compared to the record GAP the Company generated last year....
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December 24, 2013, 07:02 AM
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