Ritchie Bros. sold more than 8,500 equipment items and trucks for 1,200 consignors at its most recent auction in Edmonton, AB. The three-day online auction was held from June 23 to June 25 and attracted close to 15,000 bidders and generated more than C$70 million ($56 million) in gross transaction value. read more
JUN 29, 2021 - 6:33 am
At its June auction in Houston, Ritchie Bros. recorded a 30% year-over-year increase in both gross transaction value and bidder registrations. The two-day unreserved auction attracted 12,000 bidders and generated more than $56 million in gross transaction value. read more
JUN 21, 2021 - 6:23 am
According to Ritchie Bros.' June Market Trends Report, U.S. truck tractor pricing was up 23% year over year (for the three months ending May 31), while medium earthmoving and vocational truck prices in the United States were up 21%. read more
JUN 10, 2021 - 6:36 am
More than 800 companies sold more than 4,850 equipment items and trucks at Ritchie Bros.’ May Rocky Mountain event, which was held on May 26 and May 27. The auction yielded more than $54 million in sales. read more
JUN 3, 2021 - 6:32 am
Ritchie Bros. sold more than 4,300 equipment items and trucks for more than $55 million at its site in Fort Worth, TX, during an online auction held May 18 and May 19. The auction attracted more than 13,500 bidders from 66 countries. read more
MAY 24, 2021 - 6:33 am
According to Ritchie Bros.’ May 2021 Used Equipment Market Trends Summary report, U.S. truck tractor pricing is up 24% year over year while U.S. medium earthmoving equipment pricing is up 19% and U.S. aerial equipment is up 14%. read more
MAY 11, 2021 - 6:22 am
This spring, in 30 days, Ritchie Bros. conducted 71 farm auctions, generating more than C$104 million ($85.81 million) in gross transaction value. read more
MAY 10, 2021 - 6:39 am
Ritchie Bros. will conduct two free online discussion panels for the Canadian construction and agriculture industries on May 10. The panels will cover supply/demand metrics, industry trends and macroeconomic issues. read more
MAY 7, 2021 - 6:20 am
From May 3 to May 8, Ritchie Bros. will conduct its largest auction ever, selling approximately 14,000 items for more than 1,700 consignors in Edmonton, AB. In more than 60 years, the company has never had this much equipment in one place. read more
APR 28, 2021 - 6:46 am
Gordon Brothers and Ritchie Bros. created a formal joint venture: the Gordon Brothers & Ritchie Bros. Alliance, which will provide end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in Australia and Southeast Asia. read more
APR 23, 2021 - 7:26 am
Following its acquisition of Rouse Services last year, Ritchie Bros. combined Rouse with its own appraisal business to form a single entity: Rouse Appraisal Services. read more
APR 19, 2021 - 6:43 am
According to Ritchie Bros. Market Trends, which is now updated with new data daily, U.S. truck tractor pricing was up 20% year over year for the three months ending March 31, 2021, while medium earthmoving equipment prices in the United States were up 15%. read more
APR 15, 2021 - 6:08 am
Travelers Capital chose Ritchie Bros. as its preferred disposition agent and Ritchie Bros.’ affiliate Rouse Appraisal Services as its valuation partner for appraisal services on all heavy equipment financing transactions. read more
APR 14, 2021 - 6:37 am
Ritchie Bros. Inspection Services and its more than 400 team members completed more than 600,000 equipment inspections in 2020, taking more than 15 million photos and analyzing hundreds of thousands of oil samples in its in-house fluid analysis lab. read more
APR 8, 2021 - 6:37 am
In March, Ritchie Bros. conducted its largest Texas auction ever, attracting 76% more bidders year over year and achieving $95 million in gross transaction value, surpassing its previous Texas sales record from June 2020 by 17%. read more
APR 2, 2021 - 6:03 am