According to Ritchie Bros.’ August market trends report, in the United States, median prices for large excavators are down 9% year over year, while mini excavator prices have declined 5% in the last 90 days. read more
AUG 19, 2022 - 7:24 am
Ritchie Bros. sold more than 4,200 equipment items in its latest auction in Fort Worth, TX, generating more than $59 million in gross transaction value and attracting more than 11,500 bidders. read more
JUL 26, 2022 - 7:14 am
According to Ritchie Bros.’ July market trends report, mix-adjusted price indexes (for April to June) showed prices for used large and medium earthmoving categories were up 15% and 20% year over year, respectively, while aerial equipment was up 18% in the United States. read more
JUL 20, 2022 - 7:17 am
Last week, Ritchie Bros. held 24 online auctions across the globe, selling more than 34,000 equipment items over six days. The two largest of these events took place in Edmonton, AB, and Houston, , where Ritchie Bros. sold a combined $114 million of equipment online. read more
JUN 29, 2022 - 7:33 am
According to Ritchie Bros.’ June market trends report, truck tractor prices are up approximately 46% year over year in the United States, but the rate of increase is down six percentage points from last month. read more
JUN 22, 2022 - 7:23 am
Ritchie Bros. formed a new dedicated energy team to support oil and gas customers with a suite of transaction solutions, services and insights. Kelly Kittson, director of strategic accounts for Ritchie Bros., will lead the new team. read more
JUN 15, 2022 - 7:35 am
Eric Jacobs will be joining Ritchie Bros. Auctioneers as its chief financial officer, effective June 6, 2022. Sharon Driscoll, the company's current chief financial officer, will remain with the company in an advisory capacity to assist with the transition. read more
JUN 3, 2022 - 6:14 am
Ritchie Bros. recently held regional auctions in the United States and Canada, setting new regional records by selling more than $65 million of equipment in its U.S. Rocky Mountain event and more than $27 million sold in the Canadian regional event in British Columbia. read more
JUN 1, 2022 - 7:36 am
Ritchie Bros. held its second Fort Worth, TX, auction of the year, selling more than $60 million of equipment and trucks for more than 700 consignors. The three-day online auction yielded year-over-year gross transaction value growth of approximately 9%. read more
MAY 27, 2022 - 7:37 am
Ritchie Bros. conducted its largest-ever auctions in Ontario and Manitoba, selling more than C$102 million ($78 million) of equipment and trucks. The auctions attracted 11,900 registered bidders to compete for more than 6,400 items at both events. read more
MAY 17, 2022 - 7:09 am
Ritchie Bros. conducted 45 farm auctions in March and April through its timed auction technology, selling more than 5,000 agricultural items, including more than 70 combines, 60 air drills, 50 4WD tractors and 120 parcels of farmland. read more
MAY 12, 2022 - 7:29 am
Ritchie Bros. will sell more than 11,000 items for more than 1,400 consignors at its next equipment auction in Edmonton, AB, which will be held from May 2 to May 7. Bidding for the auction will be available online, via mobile app and in person. read more
APR 26, 2022 - 7:06 am
With its April Market Trends Report, Ritchie Bros. continues to show year-over-year price inflation for all major equipment categories with truck tractor prices leading the way, up 58% in the United States and 50% in Canada. read more
APR 22, 2022 - 7:12 am
Ritchie Bros. sold more than 4,400 equipment items and trucks for more than $57 million at its most recent Houston auction. read more
APR 19, 2022 - 7:06 am
Ritchie Bros. sold more than 3,000 equipment items and trucks for more than C$48 million ($38.45 million) at its recent auction in Montreal. In addition, Ritchie Bros. generated more than $42 million in gross transaction value at its first Northeast regional event of 2022. read more
MAR 29, 2022 - 6:34 am