Sharon Driscoll, CFO of Ritchie Bros., intends to retire within the next two years. As part of the succession process, Driscoll will continue to serve as CFO until the company appoints her successor and will then assume a role as an executive vice president. read more
OCT 7, 2021 - 6:18 am
Ritchie Bros. entered into a definitive agreement to acquire SmartEquip for approximately $175 million. read more
SEP 28, 2021 - 6:50 am
Ritchie Bros. attracted more than 12,600 online bidders from 64 countries to compete for more than 4,300 items consigned by more than 600 sellers at its recent auction in Fort Worth, TX, which generated more than $57 million in gross transaction value. read more
SEP 27, 2021 - 6:25 am
Ritchie Bros.' September Market Trends Report continued to show positive pricing trends across all equipment indexes, with aerial equipment prices up 29% in the United States, while medium earthmoving and truck tractors were up 38% and 36%, respectively, for the three months ending Aug. 31. read more
SEP 21, 2021 - 6:30 am
Ritchie Bros. sold more than 8,100 equipment items and trucks for more than 1,100 consignors at its fourth Edmonton, AB auction of the year. The three-day online auction attracted more than 15,200 online bidders and generated more than C$59 million in gross transaction value. read more
SEP 16, 2021 - 6:05 am
Ritchie Bros.’ Chief Operating Officer Jim Kessler, will take on the additional role of president, effective immediately. Kessler has more than 20 years of experience in senior leadership positions, including those of president, chief operating officer, and chief financial officer. read more
SEP 9, 2021 - 6:35 am
Ritchie Bros. sold more than $48 million in equipment at its recent Houston auction, which was held from Aug. 24 to Aug. 26. read more
AUG 31, 2021 - 6:23 am
Ritchie Bros.' August market trends report showed that positive pricing trends have continued across all its equipment indexes, with truck tractor prices up 31% in the U.S., while medium earthmoving and vocational truck prices are up 27% and 26%, respectively, for the three months ending July 31. read more
AUG 20, 2021 - 6:28 am
Ritchie Bros. recently sold more than $99 million of pipeline construction equipment in its largest-ever single-owner auction for Barrilleaux. In fewer than two days, Ritchie Bros. sold more than 3,100 items from three Barrilleaux locations in New Mexico and Texas. read more
AUG 17, 2021 - 6:15 am
Ritchie Bros. sold more than 3,900 items from its sites in Denver, Salt Lake City and Williston, ND, in one combined online Rocky Mountain event, generating $40 million in gross transaction value. read more
AUG 12, 2021 - 6:21 am
Ritchie Bros. and Euro Auctions entered into an agreement under which Ritchie Bros. will acquire Euro Auctions for an enterprise value of £775 million (approximately $1.08 billion). read more
AUG 9, 2021 - 6:35 am
Ritchie Bros. recently conducted a more than $50 million auction at its site in Fort Worth, TX. The two-day online auction attracted more than 11,250 people to bid on 3,750 items. read more
JUL 27, 2021 - 6:02 am
On July 27, Ritchie Bros. will host an industry panel about the transportation industry, covering original equipment manufacturer production delays, auction volumes and pricing, spot rate impact and driver shortages. read more
JUL 16, 2021 - 5:54 am
According to Ritchie Bros.’ July 2021 Market Trends Report, through the first half of 2021, truck tractor prices in the United States are up 30% year over year, while medium earthmoving and vocational truck prices are each up 25%. read more
JUL 14, 2021 - 6:19 am
Ritchie Bros. will conduct its largest-ever single-owner auction for Barrilleaux, an oilfield pipeline construction company based in New Mexico and Texas, from Aug. 10 to Aug 11. read more
JUN 30, 2021 - 6:20 am