During a three-day auction from Oct. 26 to Oct. 28 at its site in Edmonton, AB, Ritchie Bros. sold more than 7,600 equipment items and trucks for more than 950 owners and generated more than C$85 million ($67.51 million) in gross transaction value.

The auction attracted more than 17,700 online bidders from 61 countries, with approximately 90% of the equipment purchased by buyers from Canada, including 57% from buyers from Alberta. The remaining 10% of the equipment was sold to international buyers from countries such as Australia, Belgium and New Zealand.

“We continue to exceed customer expectations with equipment and truck pricing in 2021,” Andrew Lutic, regional sales manager for Ritchie Bros., said. “It’s not just one asset category either — as we’ve showcased in our monthly market trends reports, pricing is strong across the board right now. Last week in Edmonton we sold an unused 2022 Kenworth T880 truck tractor for C$232,500. We also saw an uptick in demand for oil and gas-specific assets, like boom trucks. It’s a seller’s market right now and I encourage interested consignors to contact us today to get their surplus equipment featured in one of our many upcoming online events.”

Five Big Sellers

• 2018 Kenworth T800 T/A tri-drive with Terex Crossover800 boom truck – C$505,000 ($401,080)
• 2007 Caterpillar D8T crawler tractor – C$315,000 ($250,178)
• 2008 Kobelco CK850 85-ton crawler crane – C$285,000 (U$226,352)
• 2017 Volvo P7110B asphalt paver – C$275,000 (US$218,409)
• 2018 Freightliner 122SD tri-drive sleeper truck tractor – C$165,000 (U$131,046)

Auction Quick Facts

• Gross Transaction Value (GTV): More than C$85 million ($67.51 million)
• Total Registered Bidders: More than 17,700
• Total Number of Lots: More than 7,600
• Total Number of Consignors: More than 950