In its latest used equipment market trends report, Ritchie Bros. said that it drew record buyer demand in 2020 as its auctions were held 100% online. Ritchie Bros. noted that the increased demand resulted in price inflation across all equipment categories. read more

JAN 13, 2021 - 6:49 am

The Equipment Leasing and Finance Association unveiled details about the 2021 ELFA Equipment Management Conference & Exhibition, which will be delivered as a virtual event on Feb. 23 and Feb. 24. read more

JAN 7, 2021 - 6:43 am

Ritchie Bros. completed its acquisition of Rouse Services, a provider of data intelligence and performance benchmarking solutions. read more

DEC 9, 2020 - 7:50 am

According to the latest market trends summary report from Ritchie Bros., the company has experienced record demand in 2020, including for excavators, which has been one of the most popular equipment categories. read more

DEC 8, 2020 - 7:15 am

Ritchie Bros. conducted its largest Grande Prairie, Alberta, auction ever, selling more than 4,900 equipment items for more than C$82 million ($63 million), which surpassed the previous gross transaction value record by 32%. read more

DEC 2, 2020 - 7:10 am

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

NOV 24, 2020 - 7:14 am

Ritchie Bros. is accepting consignments for its six-day Orlando, FL, auction, which will be held from Feb. 15-20, 2021. read more

NOV 17, 2020 - 6:29 am

During its Nov. 10-11 online auction in Houston, Ritchie Bros. experienced a 39% year-over-year increase in bidder registrations while selling more than $53 million in used equipment. read more

NOV 13, 2020 - 7:07 am

In its November market trends report, Ritchie Bros. reported that over the past three years, the company has sold more than 15,000 forklifts in the U.S. for $99 million, including more than 1,500 sold for $10 million in Q3/20 alone. read more

NOV 12, 2020 - 7:17 am

Ritchie Bros. sold more than 9,200 items for more than C$110 million ($83 million) at its most recent online auction in Edmonton, AB, which was held Oct. 28-31. read more

NOV 3, 2020 - 6:38 am

Ritchie Bros. Auctioneers and Rouse Services entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million. read more

OCT 30, 2020 - 8:09 am

Ritchie Bros. sold more than 1,600 equipment items and trucks for more than C$34 million ($26 million) in its two-day, online-only auction in Chilliwack, British Columbia, surpassing the previous site record by 39%. read more

OCT 26, 2020 - 7:05 am

On Nov. 4, Ritchie Bros. will host its first Canadian regional timed auction event, with hundreds of items selling for dozens of owners across Western Canada. read more

OCT 23, 2020 - 7:02 am

In its October market trends report, Ritchie Bros. reported that prices for most equipment categories, including used heavy equipment, truck tractors and vocational trucks remained steady or even increased year over year in October 2020 in both the U.S. and Canada. read more

OCT 14, 2020 - 6:45 am

Ritchie Bros. hosted another auction in Fort Worth, TX this week, selling more than 5,200 equipment items and trucks over two days for more than $68 million. read more

OCT 2, 2020 - 7:29 am