Ritchie Bros. Auctioneers

Ritchie Bros. - Tue June 14, 2022

Ritchie Bros. Expands Offerings for Oil, Gas Industry Customers With New Dedicated Energy Team

Ritchie Bros. has a long history of serving the oil and gas industry, with its first energy auctions conducted in the 1960s. For the last several years, some of the company's oil and gas equipment auctions have been held under the Kruse Energy brand, with online bidding available through IronPlanet.com....

Ritchie Bros. Auctioneers - Tue June 07, 2022

$60+ Million of Equipment Sold in Ritchie Bros. Fort Worth Auction

Ritchie Bros. conducted its second Fort Worth, Texas, auction of the year in May, selling more than $60 million of equipment and trucks for 700-plus consignors. The three-day online auction saw gross transaction value grow approximately 9 percent year over year....

Ritchie Bros. - Wed May 18, 2022

Ritchie Bros. Digs Into Farm Equipment Trends With May 2022 Market Trends Report

With its May Market Trends Report, Ritchie Bros. digs through farm equipment data to showcase trends in tractor, combine, header, sprayer, and air drill sales. According to Ritchie Bros. agriculture index, equipment prices are up approximately 14 percent year over year, for the three months ending April 2022....

Ritchie Bros. Auctioneers - Wed May 18, 2022

Ritchie Bros. Announces Discontinuation of Euro Auctions Acquisition

Ritchie Bros. Auctioneers announced that its wholly owned indirect subsidiary, Ritchie Bros. UK Holdings Ltd. ("RB Purchaser") is discontinuing the Phase 2 review by the UK Competition and Markets Authority (the "CMA")....

K-Tec - Tue May 10, 2022

K-Tec Turns a Scraper into a Home

A special, new 2022 K-Tec 1228 Scraper will be going up for auction for a good cause on May 17, 2022, with the support of Ritchie Bros. Auctioneers in Fort Worth, Texas. This pull-pan, ejector scraper is provided directly from the K-Tec factory with 100 percent of the auction proceeds dedicated to build a Habitat for Humanity home for a low-income working family of eight....

Ritchie Bros. Auctioneers - Mon April 25, 2022

Truck Tractor Prices Up According to Ritchie Bros. April Market Trends Report

With its April Market Trends Report, Ritchie Bros. continues to show year over year price inflation for all major equipment categories. This month's report includes an in depth look at Q1 (Jan to Mar) sales, broken out by manufacturer....

Ritchie Bros. - Wed April 20, 2022

Ritchie Bros Financial Services Surpasses $1B in Open Credit Approvals

Equipment and truck pricing has hit record highs in 2022, showcasing a sellers' market with a ton of demand for equipment. For the first time in its history, Ritchie Bros. Financial Services (RBFS) has surpassed $1 billion in open credit approvals from customers across North America....

Ritchie Bros. Auctioneers - Wed March 16, 2022

Ritchie Bros. March Market Trends Report Digs Deep Into Orlando, Fla., Results

With its March Market Trends Report, Ritchie Bros. takes an in depth look at equipment and truck sales from the company's recent six-day, $213+ million auction in Orlando, Fla. The March 2022 Report highlights Orlando sales of excavators, dozers, wheel loaders, motor graders, articulated dump trucks, loader backhoes, multi-terrain loaders, boom lifts and cranes....

Ritchie Bros. - Tue March 01, 2022

Ritchie Debuts New Inspection Tool During Annual Six-Day Auction in Orlando

Mid-sized excavators are lined up and ready to go. Amid a tight supply environment, Ritchie Bros. welcomed thousands of motivated buyers online and on site to its global equipment event in Orlando, Fla....

Ritchie Bros. - Mon February 21, 2022

Ritchie Bros. Issues Market Trends Year-in-Review Report for Transportation Sector

Soaring demand for truck tractors and other transportation assets caused unprecedented price acceleration in the sector in 2021. With its February Market Trends Report, Ritchie Bros. looks closely at used truck and trailer sales last year, with in-depth charts outlining volumes, median pricing and more by asset category....