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News Stories (107 Results) - Auction News

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... Read Story
July 27, 2021, 07:07 AM


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... Read Story
July 12, 2021, 07:03 AM


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... Read Story
June 30, 2021, 07:00 AM


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... Read Story
June 21, 2021, 07:05 AM


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... Read Story
June 10, 2021, 07:00 AM


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... Read Story
June 03, 2021, 07:05 AM


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... Read Story
May 24, 2021, 07:10 AM


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... Read Story
May 11, 2021, 07:00 AM


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... Read Story
May 10, 2021, 07:05 AM


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... Read Story
May 07, 2021, 06:59 AM


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... Read Story
April 28, 2021, 07:05 AM


Travelers Capital, a transitional capital financing initiative from Travelers Financial Group designed to support small and mid-market businesses that operate in asset-intensive industries, announced its alliance with Ritchie Bros., a global provider... Read Story
April 14, 2021, 07:07 AM


A Missouri man pleaded guilty this week to rigging online bids submitted to the General Services Administration (GSA), the U.S. Department of Justice announced.According to court documents, Alan Gaines pleaded guilty to the one-count indictment filed... Read Story
April 09, 2021, 07:25 AM


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... Read Story
April 08, 2021, 07:15 AM


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;... Read Story
April 05, 2021, 07:02 AM


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... Read Story
March 29, 2021, 07:05 AM


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... Read Story
March 23, 2021, 07:05 AM


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... Read Story
March 16, 2021, 07:00 AM


Aiming to improve the returns to creditors from inefficient and slow asset auctions, Revitalization Partners has developed a proprietary new digital marketing system to augment its expertise in corporate restructuring and receiverships. RP’s Asset... Read Story
March 12, 2021, 07:18 AM


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... Read Story
March 12, 2021, 07:03 AM


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... Read Story
March 09, 2021, 07:05 AM


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... Read Story
March 03, 2021, 07:00 AM


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... Read Story
February 11, 2021, 07:00 AM


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.... Read Story
February 10, 2021, 07:00 AM


Ritchie Bros. announced that Karl Werner, President, International will transition out of the company to pursue personal interests, effective March 31. As a result of Werner's departure, Kari Taylor, President, North America Sales, will take on the... Read Story
February 09, 2021, 07:18 AM


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... Read Story
December 24, 2020, 07:11 AM


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... Read Story
December 02, 2020, 07:05 AM


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... Read Story
November 12, 2020, 07:00 AM


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... Read Story
November 02, 2020, 07:00 AM


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... Read Story
October 02, 2020, 07:00 AM


With its fourth auction of the year, Ritchie Bros.’ Edmonton, AB, site sold close to 10,000 equipment items and trucks for more than $69 million over four days.The auction attracted more than 16,000 bidders from 49 countries, which is up 11 percent... Read Story
September 15, 2020, 07:00 AM


Ritchie Bros. Auctioneers announced the appointment of Kevin Geisner as Chief Strategy Officer. In this new role, Geisner will have responsibility for driving the company's overall corporate strategy as well as execution of corporate development... Read Story
August 11, 2020, 07:22 AM


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... Read Story
August 03, 2020, 07:10 AM


Tiger Group will begin accepting bids on July 14 for a live online auction of selected assets to the continuing operations of Spectrum Cubic (a subsidiary of Spectrum Industries), a graphic decorating and painting company that services the plastics... Read Story
July 13, 2020, 07:00 AM


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... Read Story
July 09, 2020, 07:00 AM


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... Read Story
June 29, 2020, 07:10 AM


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... Read Story
June 22, 2020, 07:10 AM


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... Read Story
June 05, 2020, 07:05 AM


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... Read Story
May 18, 2020, 07:12 AM


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... Read Story
April 24, 2020, 07:00 AM


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... Read Story
March 17, 2020, 07:15 AM


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... Read Story
March 13, 2020, 07:15 AM


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... Read Story
February 28, 2020, 07:00 AM


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... Read Story
February 24, 2020, 07:19 AM


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... Read Story
February 18, 2020, 07:05 AM


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... Read Story
January 02, 2020, 07:15 AM


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... Read Story
December 31, 2019, 07:00 AM


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... Read Story
December 24, 2019, 07:02 AM


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


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