With its fifth Edmonton, AB auction of the year, Ritchie Bros. attracted more than 16,500 bidders to compete for over 10,000 items, generating more than $73 million in gross transaction value.
Approximately 92 percent of the equipment in the October 25 – 28 auction was sold to Canadians, including 61 percent purchased by Albertans. The remaining 8 percent was purchased by international buyers from as far away as Egypt, Poland and Vietnam.
"We continue to drive strong global demand for equipment and trucks, resulting in a lot of happy consignors," said Jacen Cowick, Regional Sales Manager, Ritchie Bros. "Today we offer customers more options and flexibility than ever before. Thanks to our innovative online platform, we were able to efficiently sell 3,500+ offsite items right alongside the 7,000+ items on display in our Edmonton yard. Thanks to technology and our hardworking teams, it's easier than ever to sell equipment from anywhere, which is a huge benefit for our customers."