Ritchie Bros. sold more than 3,300 equipment items and trucks for more than 375 consignors, generating more than $45 million in gross transaction value at its final auction in Orlando, FL, in 2021.

The online auction, which was held Nov. 17 and Nov. 18, attracted more than 10,400 bidders from 59 countries. Approximately 93% of the equipment was sold to U.S. buyers, including 35% sold to Floridians, while the remaining 7% was purchased by international buyers from countries such as Vietnam, Peru and Poland. Leading up to the auction, Ritchie Bros. experienced a 50% increase in online equipment views.

“We continue to drive record demand — with bidder registrations up 37% year over year for this auction — resulting in very strong returns for our consignors and growth in GTV,” Thomas Ferguson, regional sales manager for Ritchie Bros., said. “Truck prices have reached unprecedented levels in particular this year. According to our November market trends report, truck tractor prices are up 45% year over year in the United States (for the three months ending Oct. 31, 2021).

“We would like to thank all the consignors and buyers who participated in our Orlando auctions in 2021. We look forward to seeing customers in person for our live onsite sale on Feb. 21–26, 2022. This is our premier global auction each year and the 2022 event should not be missed.”

Five Big Sellers

• 2018 Wirtgen W200I crawler cold planer – $420,000
• Three 2019 Caterpillar 730 6×6 articulated dump trucks – $325,000 each
• 2019 Caterpillar 336 hydraulic excavator – $220,000
• 2017 Freightliner CA125SLP Cascadia sleeper truck tractor – $112,000
• 2019 Volvo VNL760 sleeper truck tractor – $105,000

Auction Quick Facts

• Gross Transaction Value (GTV): More than $45 million
• Total Registered Bidders: More than 10,400
• Total Number of Lots: More than 3,300
• Total Number of Consignors: More than 375