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Ritchie Bros. Auctioneers

More than 4,550 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Minneapolis, Minn., on Dec. 19, 2019. With bidders from 48 countries, approximately 54 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Mexico, Colombia and Vietnam.

More than 5,100 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Chicago, Ill., on Dec. 17, 2019. With bidders from 48 countries, approximately 60 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as India, Poland and Singapore.

More than 5,850 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction Dec. 18, 2019, in North East, Md. With bidders from 50 countries, approximately 89 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Germany, Nigeria and Vietnam.

More than 8,300 bidders participated online and in person Dec. 10 to 11, 2019, at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Fort Worth, Texas. With bidders from 62 countries, approximately 56 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Australia, China, and Egypt.

Quanta Services Inc. , a contractor operating in the utility, pipeline, energy and communication industries, has the largest skilled labor force in North America — and the equipment fleet to match. With 61,000 pieces of equipment in its fleet, Quanta has selected Ritchie Bros.

Ritchie Bros. Auctioneers announced that Ann Fandozzi will become chief executive officer and join the company's board of directors, effective Jan. 6, 2020. Most recently, Fandozzi was CEO of ABRA Auto Body & Glass, a leading national damaged vehicle repair company, where she engineered a step-change in profitability and laid the foundation for an all-new customer experience through technology.

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.

More than 4,800 bidders participated online and in person at Ritchie Bros.' multimillion-dollar unreserved public equipment auction in Atlanta, Ga., on Dec. 5. With bidders from 60 countries, approximately 72 percent of the equipment in the auction was sold to out-of-state buyers from as far away as Ghana, Lithuania and Vietnam.

Ritchie Bros. sold more than 6,500 items for $77 million-plus at its largest-ever Texas auction. As a transportation equipment hotspot for Ritchie Bros., the two-day Houston auction featured more than 620 truck tractors, totaling $15 million in gross transaction value — setting a new company record for truck tractor sales in a single auction.

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.

The Simpson family has been in the equipment business for more than 50 years. Over those five decades, there has been a driving desire to make transactions easier for customers. Steve Simpson's, president, Simpson & Sons Trading, late father, Dan "Suitcase" Simpson, was the inspiration to him in the early days as he ventured into the iron business.