Wed January 25, 2017
AED Brings Construction Equipment Industry Together
AED's Summit & CONDEX welcomed attendees to the Windy City for an unforgettable conference from Jan. 10 to 13. This year, the Summit saw many changes and milestones for AED as an organization, which led to an event that was incredibly successful from AED's and its members' standpoint....
Wed January 11, 2017
Ritchie Bros. Completes Final Auctions of 2016
Ritchie Bros. Auctioneers Incorporated sold approximately $4.33 billion of equipment through 356 unreserved auctions and its online equipment marketplace during 2016. This is a new annual record for the company, and represents a 2 percent increase in gross auction proceeds (GAP) compared to 2015....
Sat December 31, 2016
Bidders Vie for More Than 1,700 Lots at Ritchie Bros. Auction
More than 2,800 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Chicago, Ill., on Dec. 9. With bidders from 50 countries, approximately 53 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Thailand, Guatemala and the United Kingdom....
Wed December 21, 2016
Ritchie Bros. Sale Proves Popular With Out-of-State Buyers
More than 2,150 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Atlanta, Ga., on Dec. 6. With bidders from 47 countries, approximately 70 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Turkey, Singapore and New Zealand....
Mon December 12, 2016
Ritchie Bros. Sells More Than $559 Million of Equipment and Trucks in Edmonton, AB in 2016
In 2016 Ritchie Bros. held six auctions at its flagship site in Edmonton, AB, selling more than 43,500 equipment items and trucks for more than $559 million. This includes last week's two-day auction on December 8 – 9, when more than 4,500 items were sold for more than $50 million....
Sun December 11, 2016
Ritchie Bros. Holds Final Fort Worth, Texas, Auction of 2016
Ritchie Bros. held its fifth and final Fort Worth, Texas, auction of the year, selling more than 4,950 items over two days for more than $40 million. More than 4,600 people from 56 countries registered to bid in the Nov....
Sun December 11, 2016
Ritchie Bros.' El Paso Sale Popular With Online Buyers
More than 1,100 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in El Paso, Texas, on Nov. 22, 2016. With bidders from 37 countries, approximately 59 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as the Netherlands, Australia and the United Arab Emirates....
Wed December 07, 2016
More Than 2,100 Bidders Participate in Ritchie Bros. Auction
More than 2,100 bidders participated online and in person at Ritchie Bros.' final Orlando auction of the year on Nov. 16. With bidders from 54 countries, approximately 59 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Germany, India and Hong Kong....
Wed November 30, 2016
Ritchie Bros. Announces Plans to Fund IronPlanet Acquisition
Ritchie Bros. Auctioneers Incorporated announced Nov. 30 that it intends to offer $500 million aggregate principal amount of senior notes (the "Notes") subject to market conditions. Ritchie Bros. intends to use the net proceeds, together with proceeds from its delayed-draw term loan and cash on hand or available under its revolving facilities, to fund the consideration payable in the previously announced acquisition of IronPlanet Holdings, Inc....
Sun November 27, 2016
Ritchie Bros. Holds Sale in Phoenix, Ariz.
More than 2,200 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Phoenix, Ariz., on Nov. 16, 2016. With bidders from 35 countries, approximately 58 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Peru, Vietnam and Hong Kong....
