Ritchie Bros. held its fourth Edmonton site auction of the year, selling more than 8,100 equipment items and trucks for over 1,100 consignors. The three-day online auction attracted more than 15,200 online bidders and generated more than $46 million in gross transaction value.

Approximately 91 percent of the equipment in the online auction was sold to buyers in Canada, including 53 percent sold to Alberta buyers, 15 percent sold to British Columbia, and 9 percent in Saskatchewan. The remaining 9 percent of the equipment was sold to international buyers from as far away as India, Ireland and South Korea.

"This has been one of the longest and driest construction seasons ever in Alberta, resulting high project completion rates and strong demand from contractors needing equipment," said Andrew Lutic, Regional Sales Manager, Ritchie Bros. "Companies that have surplus equipment are being rewarded with strong pricing. In fact, many consignors last week told us they wish they had more equipment to sell, but still have projects to finish up.”