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News Stories (58 Results) - Auction News

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... Read Story
September 30, 2019, 07:05 AM


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... Read Story
September 26, 2019, 07:00 AM


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... Read Story
September 24, 2019, 07:00 AM


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... Read Story
September 17, 2019, 07:00 AM


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+... Read Story
September 16, 2019, 07:15 AM


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... Read Story
September 03, 2019, 07:12 AM


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... Read Story
August 23, 2019, 06:00 AM


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... Read Story
June 24, 2019, 07:17 AM


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... Read Story
May 29, 2019, 07:10 AM


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... Read Story
May 09, 2019, 07:15 AM


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... Read Story
April 19, 2019, 07:05 AM


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... Read Story
March 01, 2019, 07:00 AM


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... Read Story
February 19, 2019, 07:15 AM


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... Read Story
January 15, 2019, 07:04 AM


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... Read Story
December 28, 2018, 07:12 AM


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... Read Story
December 27, 2018, 07:00 AM


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... Read Story
December 12, 2018, 07:10 AM


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... Read Story
September 27, 2018, 07:00 AM


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... Read Story
September 10, 2018, 07:05 AM


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... Read Story
August 24, 2018, 07:10 AM


Jeff Martin Auctioneers Inc. announced the integration of Martin & Martin Auctioneers of Pelzer, S.C. into its ongoing operations.The expansion will enable Jeff Martin Auctioneers, which has its headquarters in Brooklyn, Miss., to strengthen its... Read Story
May 21, 2018, 07:12 AM


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... Read Story
March 05, 2018, 07:00 AM


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... Read Story
February 26, 2018, 07:05 AM


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... Read Story
February 16, 2018, 07:02 AM


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... Read Story
January 02, 2018, 07:02 AM


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... Read Story
December 15, 2017, 07:00 AM


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).   ... Read Story
December 11, 2017, 07:00 AM


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... Read Story
September 29, 2017, 07:01 AM


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... Read Story
September 11, 2017, 07:05 AM


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... Read Story
August 25, 2017, 07:05 AM


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... Read Story
June 23, 2017, 07:00 AM


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... Read Story
May 19, 2017, 07:00 AM


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... Read Story
May 01, 2017, 06:14 AM


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... Read Story
March 17, 2017, 07:00 AM


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... Read Story
March 09, 2017, 06:55 AM


Loeb Winternitz Industrial Auctioneers and Yellen Partners announced this week that they have facilitated the sale of the assets of Paramount Machining Solutions as a complete operation, to Global Manufacturing Industries. As a result, any scheduled... Read Story
February 27, 2017, 07:00 AM


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+... Read Story
February 17, 2017, 07:00 AM


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... Read Story
December 27, 2016, 07:04 AM


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... Read Story
September 12, 2016, 07:07 AM


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... Read Story
August 30, 2016, 07:15 AM


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... Read Story
August 29, 2016, 07:05 AM


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... Read Story
August 03, 2016, 07:10 AM


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... Read Story
July 25, 2016, 07:00 AM


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+... Read Story
May 16, 2016, 07:04 AM


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... Read Story
April 22, 2016, 07:00 AM


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. ... Read Story
April 08, 2016, 07:10 AM


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... Read Story
April 07, 2016, 07:00 AM


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... Read Story
March 24, 2016, 07:05 AM


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... Read Story
March 16, 2016, 07:03 AM


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... Read Story
March 04, 2016, 07:24 AM


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... Read Story
February 29, 2016, 07:15 AM


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... Read Story
February 19, 2016, 07:00 AM


The December Rouse Value Index™ for used equipment prices decreased to 44.2, down 0.8% from November values. The decrease is now the eighth consecutive month of declines primarily driven by weaker recoveries observed in auction transactions. While... Read Story
February 01, 2016, 07:05 AM


Penton’s EquipmentWatch, the leader in equipment values, data and intelligence for over 50 years, has launched the 1st Annual EquipmentWatch Residual Value Awards, a new industry awards program based on asset value retention. The program recognizes... Read Story
December 10, 2015, 07:04 AM


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... Read Story
July 27, 2015, 07:02 AM


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... Read Story
June 12, 2015, 07:05 AM


 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... Read Story
May 18, 2015, 07:00 AM


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... Read Story
February 13, 2015, 06:17 AM