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Ritchie Bros. Hosts Non-Rolling Stock Auction for the U.S. DoD

Tue July 17, 2018 - National Edition
Ritchie Bros. Auctioneers


Asset highlights in the July 17 non-rolling stock auction included storage containers, equipment parts, ammo cans, filing cabinets, tools, consumer electronics and more.
Asset highlights in the July 17 non-rolling stock auction included storage containers, equipment parts, ammo cans, filing cabinets, tools, consumer electronics and more.

Ritchie Bros. began selling hundreds of non-rolling stock items for the U.S. Department of Defense through its online marketplace GovPlanet.com. For the past three and a half years the U.S. DoD has been selling its surplus rolling stock assets — Humvees, utility trailers, cargo trucks, etc. — through the GovPlanet marketplace. Late last year, Ritchie Bros. signed an additional contract to now sell all U.S. DoD non-rolling stock assets through GovPlanet as well. The first non-rolling stock auction was held July 17, 2018.

Ritchie Bros. has scheduled U.S. DoD auctions through GovPlanet each week, with non-rolling stock assets being sold on Tuesdays and rolling stock assets sold on Wednesdays.

“We are now the one-stop-shop for all surplus assets from the U.S. Department of Defense,” said Conner Humphrey, vice president, GovPlanet. “The non-rolling stock assets include everything from shop tools, warehouse and consumer goods, office furniture and so much more. All of it will be sold exclusively through our GovPlanet marketplace — it's free to register and very easy to use. I encourage interested bidders to go online and check out the inventory today — you never know what you might find.”

Asset highlights in the July 17 non-rolling stock auction included storage containers, equipment parts, ammo cans, filing cabinets, tools, consumer electronics and more.

For more information on how to buy and sell through GovPlanet, visit GovPlanet.com.

About GovPlanet

GovPlanet, a Ritchie Bros. solution, was launched in 2014 to address the specialized equipment disposition needs of public entities, from federal, including military, to state, local and municipal. Each week, on average, GovPlanet draws close to 90,000 attendees to its online auctions. Items go into preview two weeks in advance and bidders can view photos, video and inspection reports. All items sold on GovPlanet have been inspected and come with IronPlanet's exclusive IronClad Assurance equipment condition certifications, which give bidders the confidence to buy online from anywhere in the world.

About Ritchie Bros.

Established in 1958, Ritchie Bros. is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, an industrial auctioneer offering live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing its IronClad Assurance equipment condition certification; Marketplace-E, an online marketplace offering multiple price and timing options;Mascus, a European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and Cat auctions, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information, visit RitchieBros.com.