Ritchie Bros. sold 10,000 equipment items for more than 1,000 sellers during its five-day global auction in Orlando, FL from February 20 to February 24.

More than $188 million of equipment and trucks was sold at the five-day mega-auction, with approximately 38% ($71 million) selling to online buyers. A record 10,400 people from 88 countries registered to bid in the auction, with buyers from the U.S. purchasing 79% of the equipment and international buyers purchasing 21% from such countries as Germany, Australia and Vietnam.

“We would like to offer a sincere thank you to all the sellers and buyers that made this sale a huge success,” said Ravi Saligram, CEO of Ritchie Bros. “Our February Orlando auction is a very important event in our auction calendar. Our customers clearly appreciated the diverse line-up of equipment as they turned up in record numbers, helping us achieve strong pricing in all categories throughout the week. As a result, we saw a nine percent increase in total gross auction proceeds over the same auction last year.”

Ravi continued, “Since we opened our Orlando site in 2003, more than $3 billion of equipment and trucks has been sold through our permanent facility. We could not have achieved this staggering number without the loyalty of our customers and the ‘wow experience’ provided by our passionate, orange-blooded employees. We can’t wait to do it all over again next February.”

More than 10,000 equipment items were sold in the Orlando auction, including 610 excavators, 425 compactors, 300 loaders, 300 skid steers, 175 dozers, 140 loader backhoes, 110 cranes, 440 aerial work platforms, 210 dump trucks and 490 truck tractors.