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Ritchie Bros.' IronPlanet Marketplace Experiencing Busiest Summer Ever

In the first half of 2020, Ritchie Bros. attracted 73 million visits to its various web platforms, so it should come as no surprise that the company has sold more than $1 billion of equipment through its online marketplaces over the past year (August 2019 to July 2020)....


Ritchie Bros. Launches New Inspection Services Offering as Part of RB Asset Solutions

For years IronPlanet and Asset Appraisal Services have been leaders in the equipment inspection business. IronPlanet has continuously raised the bar by offering innovative inspection content and technology for customers of its online marketplaces, including its IronClad Assurance equipment condition certification, which ensures buyers receive the equipment they expect....


Ritchie Bros.' Marketplace-E Solution Surpasses $500M in Sales

Ritchie Bros. has been a leader in the auction business for decades. Its live unreserved auctions help tens of thousands of companies sell and buy equipment and trucks annually. And yet, not every company is interested in selling without a reserve — they want access to Ritchie Bros.' global buying base, but need more control over the selling price, timing, and/or process....


Ritchie Bros. Executive Announces Resignation

Ritchie Bros. Auctioneers announced June 12, that effective July 27, 2018, Greg Owens, group president, New Sectors & Ventures, and former CEO of IronPlanet, Inc. , is resigning from the business to pursue other opportunities....


Ritchie Bros. Hosts Two-Day Equipment Sale in Fort Worth

Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, Texas. More than 4,750 people from 59 countries registered to bid in the May 15 to 16, 2018, event, including more than 3,450 people registering to bid online....


IronPlanet Hosts Big May Auction Event

Following up on its successful IronPlanet “Big Spring” event in March, Ritchie Bros. is set to host another special IronPlanet online event on May 24, selling 2,100+ items from sellers across North America....


IronPlanet to Conduct Retirement Auction for 41-Year-Old Construction Company

Ray Mullen opened his construction business 41 years ago in northern New Jersey. Shortly after the company opened, the county where his business was located experienced a housing boom and D.R. Mullen Construction Company Inc....


Online Boom Brings New Sales Channel to Australian Machinery Market

Machinery auction expert Ritchie Bros. is about to raise its stake in the Australian market with the introduction of its new online-only brand: IronPlanet. Complementing Ritchie Bros.' onsite auctions, IronPlanet is an online-only marketplace offering new benefits to customers, including selling without transporting items to a centralized location and the ability to sell items for a fixed price, negotiate offers or set a reserve....


IronPlanet Extends, Expands Relationship with U.S. Department of Defense

For the past three years, IronPlanet's GovPlanet marketplace has been helping the U.S. Defense Logistics Agency (DLA) sell thousands of its surplus assets. After seeing consistently strong returns, the DLA has extended its contract with GovPlanet until at least September 2018. "We sell hundreds of items per week for the DLA through our GovPlanet marketplace, including construction equipment, trucks, trailers, Humvees and more," said Greg Owens, group president, new sectors and ventures, Ritchie Bros....