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News Stories (156 Results) - Ritchie Bros.

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... Read Story
November 05, 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


Consumer products company Newell Brands announced the appointment of Ravi Saligram as President and Chief Executive Officer, and a member of the Newell Brands Board of Directors, effective Oct. 2. Newell owns an array of well-known brands ranging... Read Story
July 30, 2019, 07:25 AM


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... Read Story
July 02, 2019, 07:12 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


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... Read Story
May 06, 2019, 07:14 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.' 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... Read Story
March 15, 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


Custom Equipment, LLC announced it had named industry veteran Terry Dolan as its President and CEO. Dolan brings nearly 30 years of experience in the rental, construction and equipment industries and will lead the overall direction and strategy of... Read Story
February 05, 2019, 07:10 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


Ritchie Bros. is celebrating its 60th anniversary in 2018 with multiple leadership awards for members of its executive team. Chief Executive Officer Ravi Saligram recently was recognized as B.C. CEO of the Year (Enterprise Category) by Business in... Read Story
December 18, 2018, 07:10 AM


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... Read Story
December 17, 2018, 06:55 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


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... Read Story
September 19, 2018, 07:25 AM


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


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... Read Story
July 18, 2018, 07:15 AM


With its third Edmonton auction of the year, Ritchie Bros. sold close to 7,300 equipment items for more than $72 million—up 32 percent from last year's June sale.The June 12–14 auction attracted more than 9,550 people from over 50 countries... Read Story
June 18, 2018, 07:10 AM


Ritchie Bros. Auctioneers announced that effective July 27, Greg Owens, Group President, New Sectors & Ventures, and former CEO of IronPlanet, Inc., is resigning from the business to pursue other opportunities."I am very proud to have been a part of... Read Story
June 13, 2018, 07:30 AM


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... Read Story
May 17, 2018, 07:12 AM


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... Read Story
May 16, 2018, 06:55 AM


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... Read Story
April 30, 2018, 07:00 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


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


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+... Read Story
November 10, 2017, 08:00 AM


Ritchie Bros. Financial Services (RBFS) is expanding its reach, now serving as a preferred provider for IronPlanet, a leading online marketplace for used equipment and other durable assets. IronPlanet's growing customer base will now have access to... Read Story
October 18, 2017, 07:22 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. Financial Services (RBFS), has announced the appointment of Blake Macaskill as Managing Director.“With more than 25 years in the financial services sector, Blake brings a wealth of knowledge and experience to the organization,” said Jim... Read Story
September 26, 2017, 07:20 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. 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... Read Story
July 24, 2017, 07:00 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. 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... Read Story
June 16, 2017, 06:33 AM


Ritchie Bros. and Caterpillar launched a strategic alliance, originally announced in 2016, following the Ritchie Bros. acquisition of IronPlanet, a leading online marketplace for heavy equipment and other durable assets.  Under the alliance, Ritchie... Read Story
June 05, 2017, 07:03 AM


Ritchie Bros. announced that it completed its acquisition of IronPlanet®. Ritchie Bros. acquired IronPlanet for approximately $758.5 million, subject to customary closing adjustments. The acquisition was financed through a combination of Ritchie Bros... Read Story
June 01, 2017, 07:16 AM


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... Read Story
May 26, 2017, 07:10 AM


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... Read Story
May 22, 2017, 07:02 AM


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... Read Story
May 15, 2017, 07:02 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


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


Ritchie Bros. Auctioneers announces that Terry Dolan, President, U.S. and Latin America, will be leaving the company effective December 31, 2016.  "I would like to thank Terry for his contributions to the company and wish him much success in his... Read Story
December 22, 2016, 07:15 AM


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... Read Story
December 12, 2016, 06:54 AM


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... Read Story
December 06, 2016, 07:00 AM


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.'... Read Story
November 16, 2016, 07:12 AM


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... Read Story
November 11, 2016, 07:08 AM


Ritchie Bros. announced that Beverley Briscoe, Chair of Ritchie Bros. Board of Directors, has been named to the 2016 National Association of Corporate Directors' (NACD) Directorship 100. This award honors the most influential boardroom leaders each... Read Story
November 09, 2016, 07:07 AM


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... Read Story
October 31, 2016, 07:00 AM


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... Read Story
September 30, 2016, 07:07 AM


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... Read Story
September 23, 2016, 07:02 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. and Caterpillar Inc. announced that they have entered into a strategic alliance agreement.  The strategic alliance is expected to deliver significant benefits to both companies, Caterpillar's independent dealers and their respective... Read Story
August 30, 2016, 07:10 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


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... Read Story
August 22, 2016, 07:03 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


Ritchie Bros. announced that Rob McLeod, Chief Business Development Officer, has made the decision to retire from the Company, effective September 30, 2016.  After 23 years with Ritchie Bros., in numerous geographies and roles, most recently as Chief... Read Story
July 29, 2016, 07:05 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


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


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... Read Story
July 13, 2016, 07:18 AM


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... Read Story
July 01, 2016, 07:03 AM


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... Read Story
June 24, 2016, 08:00 AM


Hilco Industrial, a unit of Hilco Global, announced that Bryan Courcier will join the company as a Senior Vice President and key account manager. Mr. Courcier will be based in Denver, Colorado with specific responsibility for business development... Read Story
June 10, 2016, 07:15 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


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... Read Story
May 06, 2016, 04:00 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


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... Read Story
March 21, 2016, 07:07 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


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... Read Story
February 22, 2016, 07:12 AM


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... Read Story
February 19, 2016, 07:08 AM


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... Read Story
December 04, 2015, 07:15 AM


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... Read Story
November 13, 2015, 07:00 AM


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... Read Story
October 30, 2015, 07:05 AM


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... Read Story
September 25, 2015, 07:00 AM


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+... Read Story
August 28, 2015, 06:58 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 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... Read Story
June 26, 2015, 07:00 AM


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+... Read Story
June 15, 2015, 07:21 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


Ritchie Bros. announced that Sharon Driscoll will be joining the Company as Chief Financial Officer, effective July 6, 2015.  Sharon will have a key role on the executive team, partnering with the CEO and regional business unit leaders to... Read Story
June 01, 2015, 07:03 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. 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... Read Story
May 08, 2015, 07:00 AM


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... Read Story
May 05, 2015, 07:04 AM


Ritchie Bros. announced that Terry Dolan has agreed to join the Company as President, U.S. and Latin America, effective May 20, 2015.  He will have full P&L responsibility for the Company's U.S. and Latin America business unit. "Terry has an... Read Story
May 04, 2015, 07:07 AM


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... Read Story
April 17, 2015, 06:57 AM


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... Read Story
March 20, 2015, 06:57 AM


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... Read Story
March 06, 2015, 06:56 AM


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... Read Story
February 24, 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


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... Read Story
December 23, 2014, 07:05 AM


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... Read Story
December 15, 2014, 07:00 AM


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... Read Story
November 14, 2014, 06:42 AM


Ritchie Bros. announced several changes to its reporting structure and senior management team. Having completed an extensive review of Company operations and historical performance, Ravi Saligram, Chief Executive Officer, is now in the process of... Read Story
November 05, 2014, 07:02 AM


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... Read Story
September 29, 2014, 06:33 AM


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... Read Story
September 16, 2014, 06:40 AM


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... Read Story
August 29, 2014, 06:52 AM


Ritchie Bros. announced net earnings of $38.6 million for the three months ended June 30, 2014. This is a 30% increase compared to net earnings of $29.8 million generated in the same quarter last year. The Company’s revenues for the second quarter of... Read Story
August 05, 2014, 06:00 AM


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... Read Story
June 23, 2014, 06:30 AM


Ritchie Bros. Auctioneers announced that its Board of Directors has appointed Ravi Saligram as the Company's new Chief Executive Officer. Mr. Saligram will succeed Peter Blake, who will be leaving the Company in July.  It is expected that Mr.... Read Story
June 17, 2014, 07:00 AM


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... Read Story
June 16, 2014, 06:00 AM


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... Read Story
June 05, 2014, 05:59 AM


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... Read Story
May 27, 2014, 06:15 AM


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... Read Story
May 19, 2014, 06:28 AM


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... Read Story
April 29, 2014, 06:15 AM


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... Read Story
April 21, 2014, 05:56 AM


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... Read Story
March 11, 2014, 06:30 AM


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... Read Story
March 03, 2014, 06:00 AM


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... Read Story
February 24, 2014, 06:00 AM


Ritchie Bros. Auctioneers will conduct its first Canadian auction of 2014 next week on February 26 - 27, at its permanent site in Edmonton, AB. More than 3,500 equipment items and trucks will be sold in the unreserved public auction, including 60+... Read Story
February 18, 2014, 06:15 AM


Ritchie Bros. recently celebrated the one year anniversary of Ritchie Bros. EquipmentOne, the secure online marketplace launched by the company in early 2013. In its first year, EquipmentOne (www.EquipmentOne.com) welcomed 580,000 unique visitors to... Read Story
February 06, 2014, 06:13 AM


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.... Read Story
December 24, 2013, 07:02 AM


Ritchie Bros. Auctioneers sold more than CA$60 million (US$57+ million) of equipment and trucks at its unreserved public auction in Edmonton, AB on December 12 - 13, 2013. More than 3,750 equipment items and trucks were sold in the two-day auction... Read Story
December 18, 2013, 07:00 AM


Ritchie Bros. Auctioneers conducted its largest ever agriculture auction, in Saskatoon, SK, on December 3, 2013, selling more than US$40+ million of equipment and trucks in a single day. The unreserved public auction also set a new Saskatoon site... Read Story
December 05, 2013, 06:55 AM


Ritchie Bros. Auctioneers conducted its largest two-day auction in Company history this week in Edmonton, AB (October 29 - 30, 2013). More than 5,850 equipment items and trucks were sold in the public auction for more than CA$95 million (US$90+... Read Story
October 31, 2013, 06:42 AM


Ritchie Bros. Auctioneers announced that Chief Executive Officer Peter Blake will step down in May 2014, at the time of the company's next Annual General Meeting. During the interim period Mr. Blake will remain as CEO, continuing to lead the company... Read Story
October 11, 2013, 06:22 AM


Ritchie Bros. Auctioneers Incorporated (the "Company") announced the appointment of Beverley Anne Briscoe as Deputy Chairperson of the Company's Board of Directors, effective September 23, 2013. Ms. Briscoe joined the Company as a director in October... Read Story
September 24, 2013, 06:50 AM


Ritchie Bros. Auctioneers sold more than US$53 million of heavy equipment, trucks and other industrial assets during a two-day unreserved public auction in Houston, Texas on August 28 & 29, 2013. The auction set new Company records for the most items... Read Story
September 05, 2013, 06:28 AM


Ritchie Bros. Auctioneers set new Company records during an unreserved public auction in Saskatoon, SK on August 7, 2013 by selling 135 combines for more than CA$15.5 million. The Company broke its records for the largest number of combines ever sold... Read Story
August 12, 2013, 07:02 AM


Ritchie Bros. Auctioneers announced the retirement of Rob Mackay, its President, effective October 31, 2013.  After 28 years of service in many different capacities, all based in the Ritchie Bros. head office in Vancouver, British Columbia, Mr.... Read Story
July 08, 2013, 06:58 AM


Ritchie Bros. Auctioneers sold CA$60+ million (US$59.5+ million) of heavy equipment, property and trucks during a two-day unreserved public auction at its permanent auction site in Edmonton, Alberta, on June 12 - 13, 2013. More than 4,450 items were... Read Story
June 17, 2013, 06:58 AM


Ritchie Bros. Auctioneers sold more than CA$104 million (US$102+ million) of trucks and heavy equipment during a record breaking three-day unreserved public auction at its permanent auction site in Edmonton, Alberta last week, from April 24 - 26... Read Story
April 29, 2013, 07:06 AM


Site records broken for the most sellers at a Houston auction, largest online gross auction proceeds, and largest number of online bidders and online buyers. Ritchie Bros. Auctioneers sold more than US$47 million of heavy equipment and trucks during... Read Story
April 22, 2013, 07:05 AM


Ritchie Bros. announced it has commercially launched Ritchie Bros. EquipmentOne with new features and functionality for both buyers and sellers. Complementary to the Company's flagship unreserved auction business, Ritchie Bros. EquipmentOne... Read Story
April 09, 2013, 07:02 AM


Ritchie Bros. Auctioneers sold more than CA$57 million (US$55+ million) of heavy equipment and trucks during an unreserved public auction at its permanent auction site in Edmonton, Alberta last week, on March 7 & 8, 2013. The auction featured a large... Read Story
March 13, 2013, 07:00 AM


Ritchie Bros. Auctioneers said it sold more than $44 million of equipment items and trucks at a two-day unreserved public auction held at its permanent auction site in Fort Worth, Texas on March 5 & 6, 2013. New auction site records were set for... Read Story
March 08, 2013, 07:18 AM


Ritchie Bros. Auctioneers announced net earnings for the year ended December 31, 2012 of $79.5 million and adjusted net earnings of $82.6 million. This compares to net earnings of $76.6 million and adjusted net earnings of $73.6 million for the year... Read Story
February 26, 2013, 07:10 AM


Ritchie Bros. announced the initial release of a new online equipment marketplace called Ritchie Bros. EquipmentOne. Complementary to the Company's flagship unreserved auction business, Ritchie Bros. EquipmentOne (www.EquipmentOne.com) is a secure... Read Story
January 22, 2013, 07:30 AM


Ritchie Bros. Auctioneers Incorporated, the world’s largest auctioneer of industrial equipment, sold approximately $3.9 billion of equipment at 328 unreserved auctions around the world in 2012. This represents a 5% increase in gross auction proceeds... Read Story
December 27, 2012, 07:40 AM


Ritchie Bros. Auctioneers has sold more than CA$1 billion of equipment and trucks in its Canadian auctions to date in 2012—the first time the Company has achieved this mark in Canada in a single year in its 54-year history. “This has been a... Read Story
December 18, 2012, 07:00 AM


Ritchie Bros. Auctioneers conducted its largest ever Quebec and Saskatchewan auctions this week—selling more than CA$42 million (US$43+ million) of equipment in Montreal, QC (December 5 - 6, 2012) and CA$30 million (US$30+ million) in Saskatoon, SK... Read Story
December 10, 2012, 06:58 AM


Ritchie Bros. Auctioneers announced that it will be holding its first unreserved public auction in China during Spring 2013. Although relatively new to the Chinese heavy equipment market, unreserved industrial auctions have been a quick and easy... Read Story
November 29, 2012, 07:24 AM


Ritchie Bros. Auctioneers  announced net earnings for the nine months ended September 30, 2012 of $57.4 million and adjusted net earnings of $60.2 billion. This compares to net earnings of $49.9 million and adjusted net earnings of $46.9 million for... Read Story
October 30, 2012, 11:00 AM


Ritchie Bros. Auctioneers sold more than $61 million of heavy equipment and trucks during an unreserved public auction in Edmonton, Alberta on October 24 & 25, 2012. More than 5,400 registered bidders competed for more than 4,900 equipment items and... Read Story
October 29, 2012, 07:00 AM


Ritchie Bros. Auctioneers sold approximately $561 million of equipment at 31 unreserved auctions around the world in September 2012, the highest September gross auction proceeds in Company history and one of its largest ever months. The Company also... Read Story
October 05, 2012, 07:02 AM


Ritchie Bros. Auctioneers  sold more than $40 million of equipment items and trucks at an unreserved public auction in Fort Worth, Texas on September 25 - 26, 2012. More than 3,400 equipment items and trucks were sold in the auction—with each and... Read Story
September 27, 2012, 07:00 AM


Ritchie Bros. Auctioneers sold close to $54 million of heavy equipment items during a two-day unreserved public auction at the Company’s site in Edmonton, Alberta on Wednesday & Thursday, September 5 & 6, 2012. Almost 5,000 registered bidders... Read Story
September 10, 2012, 07:28 AM


Ritchie Bros. Auctioneers Incorporated, the world's largest auctioneer of industrial equipment, announces net earnings for the six months ended June 30, 2012 of $49.3 million and adjusted net earnings of $50.5 million. This compares to net earnings... Read Story
August 02, 2012, 07:00 AM


Ritchie Bros. Auctioneers sold millions of dollars of heavy equipment and trucks at its unreserved public auctions last week including a CA$50 million (close to US$49 million) auction in Edmonton, AB and a US$41 million auction in Houston, TX, as... Read Story
June 18, 2012, 07:00 AM


Ritchie Bros. Auctioneers announced that it has successfully completed the acquisition of AssetNation, a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros. intends to continue to grow AssetNation’s core... Read Story
May 18, 2012, 07:00 AM


Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, today announced that it has agreed to acquire AssetNation, Inc., a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros.intends to... Read Story
May 10, 2012, 07:45 AM


Construction Equipment Guide reported that more than 1,750 bidders participated online and in person at a recent Ritchie Bros. unreserved public equipment auction held in Atlanta on March 29, 2012. According to the report, the auction attracted... Read Story
April 17, 2012, 07:30 AM


Ritchie Bros. set multiple records at its first-ever Mexico national auction held in Polotitlan, State of Mexico on March 28 & 29, 2012. The Company has been in business for more than 50 years and has been conducting unreserved heavy equipment... Read Story
April 09, 2012, 06:40 AM


Construction Equipment reported Ritchie Bros. sold more than 200 cranes in five weeks at its first unreserved public auctions of 2012 in North America, Europe and the Middle East. According to the report, each crane was sold to the highest bidder... Read Story
March 22, 2012, 08:00 AM


Ritchie Bros. Auctioneers sold more than $48 million of equipment items and trucks at a two-day unreserved public auction held in Fort Worth, Texas.  Equipment highlights in the auction included three late-model, low-hour Komatsu HD785-7 100-ton rock... Read Story
March 13, 2012, 07:30 AM


Ritchie Bros. Auctioneers , the world's largest auctioneer of industrial equipment, announced net earnings for the year ended December 31, 2011 of $76.6 million and adjusted net earnings of $73.6 million. This compares to net earnings of $65.7... Read Story
February 28, 2012, 06:30 AM


Ritchie Bros. Auctioneers held the world's largest heavy equipment auction in Orlando, Florida last week (February 13 - 18, 2012) and, in the process, broke multiple Company records. New records were set for gross auction proceeds (US$203 million)... Read Story
February 21, 2012, 08:30 AM


Equipment World reported that Ritchie Bros. says it’s hoping to beat their previous 2008 record of $190 million in gross auction proceeds from one auction after reviewing the results of the first two days of a six day auction being held in Orlando... Read Story
February 15, 2012, 08:00 AM