Dozens of cranes sold at US$20 million Ritchie Bros. auction in Chicago

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, sold more than US$20 million of heavy equipment and trucks – including 61 cranes – at its unreserved public auction in Chicago, Illinois last week (July 16 17, 2009). More than 2,200 people from 49 U.S. states and 27 other countries registered to bid in person or online on more than 2,700 used equipment items, including... 

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Ritchie Bros. sells record US$3.57 billion of equipment at 2008 auctions

Vancouver-based Ritchie Bros. Auctioneers conducted its final unreserved auctions of 2008 last week and is pleased to announce a preliminary gross auction proceeds estimate of US$3.57 billion for the year. This represents a 12% increase over 2007 gross auction proceeds, making this the largest year in the Company’s 50-year history. Ritchie Bros., the world’s largest auctioneer of industrial... 

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Equipment sellers in Spain, Los Angeles and Dubai benefit from global reach of Ritchie Bros.

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries – including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross auction... 

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Prices strong at Ritchie Bros.’ US$45 million Orlando auction despite market turmoil

Recent market turmoil and economic uncertainty had little impact on auction prices at the US$45 million unreserved public auction conducted by Ritchie Bros. Auctioneers in Orlando, Florida last week. More than 1,800 on-site and online bidders from 48 countries, including 46 U.S. states, registered to bid on more than 2,500 trucks and heavy equipment items being sold at the two-day auction. Buyers from... 

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Bidders from 60+ countries drawn to Ritchie Bros.’ busy auction week

Buyers from outside the Netherlands purchased 80 percent of the equipment in the most recent Ritchie Bros. auction in Moerdijk, representing (euro)35 million (US$51 million) of the (euro)44 million auction (US$64 million). The unreserved public auction of heavy equipment and trucks attracted more than 1,100 on-site and online bidders from 59 countries. Almost 3,700 used and unused equipment items were... 

Large crowds participate on-site and online in Ritchie Bros. Phoenix and Houston unreserved auctions

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted two large unreserved public auctions in Houston, TX and Phoenix, AZ last week, with gross auction proceeds of more than US$23 million and close to US$35 million, respectively. Almost 2,000 bidders participated in the Houston auction and more than 1,600 took part in the Phoenix auction; bidders came from all over the... 

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Internet buyers have large presence at Ritchie Bros. Las Vegas unreserved auction

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted an unreserved public auction on August 15, 2008 in Las Vegas with auction proceeds in excess of US$30 million. More than US$29 million of trucks and equipment (representing 95 percent of the total gross auction proceeds) was sold to buyers from outside the state of Nevada with 41 percent of items available for sale... 

Ritchie Bros. Auctioneers achieves over $1 billion of gross auction proceeds in second quarter and increases dividend

Ritchie Bros. Auctioneers Incorporated announces another record-breaking quarter, with quarterly gross auction proceeds exceeding $1 billion for the first time. Net earnings for the six months ended June 30, 2008 reached $62.3 million, or $0.59 per diluted weighted average share. Net earnings for the first half of 2008 would have been $55.0 million, or $0.52 per diluted share, had after-tax gains of... 

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