Ritchie Bros. Auctioneers sold more than CA$83 million ($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 auction proceeds, online sales (approx. $39+ million) and number of lots sold (approx. 6,400).

Ritchie Bros. also surpassed $1 billion in annual online sales for 2014 last week, nearly a month earlier than when the Company hit that same mark in 2013.

“This was our largest September sale ever. The record-breaking amount of equipment last week attracted record auction attendance for this time of year, both on-site and online,” said Jim Rotlisberger, regional sales Manager, Ritchie Bros. Auctioneers. “The cold weather decided to arrive a little early in Alberta this year, but that definitely didn’t keep the bidders away. Bidding was very active throughout all three days, which resulted in great returns for our sellers and our highest gross auction proceeds ever for a single auction in September.”

More than 7,300 bidders from 48 countries, including all Canadian provinces and territories, as well as 45 U.S. states, registered to bid in person or online for the auction. More than $47+ million of equipment and trucks were purchased by Alberta buyers, while participants from outside the province purchased $28+ million for 37% of total gross auction proceeds. More than 4,300 of the bidders in the auction participated online and purchased close to $39+ million of equipment.

Equipment in the auction was sold for nearly 900 sellers, including close to 100 items for Vastco Energy Group Ltd., a Nisku, Alberta-based oilfield hauling and rig moving company.