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Equipment Finance Advisor Search Results
News Stories (176 Results) -
Auction
PPL Group announced it executed a successful two-day auction, selling over 1,000 lots of equipment and inventory, including fabrication, welding and laser cutting machinery, as well as more than $1.5MM of kitchen appliances including refrigerators...
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November 11, 2024, 06:50 AM
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Gordon Brothers is offering for sale by online auction the tall ship Lord Nelson on behalf of Richard Lewis and Sarah O’Toole, the Joint Administrators of Jubilee Sailing Trust Limited. Lord Nelson was built in 1985 and is the first tall ship in the...
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June 09, 2023, 07:00 AM
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Ritchie Bros.' latest Fort Worth, TX auction brought together 11,500+ bidders from 58 countries to compete for 4,200+ items, generating US$59+ million in gross transaction value.Approximately 90% of the equipment in the July 19 – 21, 2022 auction was...
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July 26, 2022, 06:00 AM
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Ritchie Bros. Auctioneers announced the closing of an amendment and extension of its credit agreement totaling US$1.045 billion with a syndicate of lenders comprising:
Multicurrency revolving facilities of up to US$750 Million
A...
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September 22, 2021, 07:00 AM
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Last week Ritchie Bros. sold US$99+ million of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux Inc. In less than two days the company sold 3,100+ items from three Barrilleaux locations in New Mexico and Texas...
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August 17, 2021, 07:20 AM
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Gordon Brothers and Ritchie Bros. have created a formal joint venture, the Gordon Brothers & Ritchie Bros. Alliance. The Alliance provides end-to-end asset advisory and asset remarketing services to the insolvency and restructuring market in...
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April 23, 2021, 06:59 AM
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HYPERAMS, a full-service auction, appraisal, retail liquidation and reverse logistics firm, celebrates its 10th year this month. The HYPERAMS management team recently reflected on the company’s decade in business, its successful growth over the years...
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December 28, 2020, 07:11 AM
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In Houston, TX, Ritchie Bros. sold more than 5,300 equipment items and trucks for over $57 million, setting new site records for total gross transactional value for an August auction and total number of registered bidders.The Houston auction, which...
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August 28, 2020, 07:12 AM
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Aucto.com, an online industrial marketplace designed to help corporations recover value from surplus assets, announced the decision to expand its reach to include the buying and selling heavy machinery and fleet vehicles on the platform.This...
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August 14, 2020, 06:59 AM
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Ritchie Bros. announced it has been chosen to sell select trucks and trailers owned by Celadon Group. Celadon, which filed for Chapter 11 bankruptcy protection in December 2019, was one of the largest over-the-road trucking companies in North America...
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February 21, 2020, 07:15 AM
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Ritchie Bros. has started the year strong in Texas, selling more than 5,850 equipment items for more than $61 million in Houston—up approximately 35 percent from the same auction in 2019.More than 8,850 people from 71 countries registered to bid in...
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February 13, 2020, 07:10 AM
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Ritchie Bros. held the pipeline construction event of the year in Columbus, OH, selling more than 5,000 items for more than $93 million over two days. The big highlight of the event: 138 pipelayers sold for $45 million in just two hours.The auction...
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July 02, 2019, 07:12 AM
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Ritchie Bros. sold 12,300 equipment items and trucks for $154 million during its massive five-day auction in Edmonton, AB.A record 17,600 bidders from 59 countries registered to participate in the April 30–May 4 auction, including 13,500 online...
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May 06, 2019, 07:14 AM
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Ritchie Bros. announced it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring and investment firm. The two companies will work together to sell...
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April 29, 2019, 07:10 AM
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Ritchie Bros.' Fort Worth, TX, auction site set a new bidder record during its first auction of the year, attracting close to 7,200 people to participate in its $56 million auction.More than 4,800 items from roughly 670 owners were sold in the...
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March 15, 2019, 07:05 AM
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A sea of equipment stretched over the 220-acre Ritchie Bros. auction site in Orlando, FL last week as the company hosted its largest auction ever. Over six days the company sold a staggering 13,350+ assets for a record US$297+ million—up seven...
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February 25, 2019, 07:10 AM
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NextLot, Inc., a provider of privately branded online auction solutions for auctioneers, announced it launched an integration with Currency, an online transaction empowerment company. Through Currency’s Express Finance decisioning engine, NextLot can...
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January 15, 2019, 07:04 AM
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HYPERAMS, LLC announced Jake Josko has joined the firm as Assistant Director of Auction Services. In his new role, Josko will focus on supporting the continued growth of the company’s Auction Division and managing the division’s auction operations....
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January 07, 2019, 06:50 AM
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Ritchie Bros. held its sixth and final auction of the year in Edmonton, selling $62 million of equipment and trucks over three days, bringing its 2018 total to 41,400 items sold for $491 million—up 15 percent from 2017.The Dec. 11–13 auction...
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December 17, 2018, 06:55 AM
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Ritchie Bros. ended its 2018 Houston auction season with a strong event this week, selling more than $50 million of equipment and setting multiple site records.Approximately 5,600 people from 58 countries registered to bid in the Nov. 6 – 7, 2018...
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November 08, 2018, 07:07 AM
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With its fifth Edmonton, Alberta, auction of 2018, Ritchie Bros. sold more than 7,800 equipment items for $89 million.The four-day auction attracted more than 10,100 bidders from 46 countries, including 7,950 people who registered to bid online....
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October 30, 2018, 07:01 AM
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Ritchie Bros.' latest solution for the market, RB Asset Solutions is a complete end-to-end asset management and disposition system. The new cloud-based SaaS solution brings together a suite of tools and services to help customers better manage...
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October 02, 2018, 07:23 AM
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Ritchie Bros. was back in Texas for its fourth Fort Worth auction of the year, selling more than $50 million of equipment and trucks for 600+ consignors.More than 5,000 people from 52 countries registered to bid in the Sept. 25–26 auction, including...
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September 27, 2018, 07:00 AM
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PowerChina Trade Solution Group Ltd., one of the world's largest construction companies, has selected Ritchie Bros. as a key partner for its surplus equipment disposition. In early September, the two companies signed a multi-year agreement that will...
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September 19, 2018, 07:25 AM
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For the past four years, the GovPlanet marketplace has helped the U.S. Department of Defense sell thousands of its rolling stock surplus assets, including Humvees, utility trailers, cargo trucks and more. In 2018, the DoD also began selling its...
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September 10, 2018, 07:05 AM
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Ritchie Bros. started September strong, with a more than $60 million auction in Edmonton, AB, this week, selling equipment for more than 1,000 consignors. The three-day auction attracted more than 9,000 bidders from 49 countries, including 6,850...
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September 07, 2018, 07:00 AM
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Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its latest Houston unreserved auction.More than 5,100 people from 58 countries registered to bid in the Aug. 21-22 auction, including 3,600+ people registering to bid...
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August 24, 2018, 07:10 AM
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On Sept. 5, GovPlanet will host its first live auction, for the Pennsylvania Department of General Services, selling more than 350 equipment items and trucks without reserves in a single day. Highlights include excavators, dump trucks, paving rollers...
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August 23, 2018, 06:50 AM
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Ritchie Bros. will begin selling hundreds of non-rolling stock items for the U.S. Department of Defense each week through its online marketplace GovPlanet.com. For the past three and a half years the U.S. DoD has been selling its surplus rolling...
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July 18, 2018, 07:15 AM
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Ritchie Bros. Auctioneers held its third Houston auction of 2018, selling more than 4,300 equipment items and trucks over two days for some $44 million.
More than 4,150 people from 55 countries registered to bid in the auction (June 19–20)...
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June 22, 2018, 07:10 AM
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With its third Edmonton auction of the year, Ritchie Bros. sold close to 7,300 equipment items for more than $72 million—up 32 percent from last year's June sale.The June 12–14 auction attracted more than 9,550 people from over 50 countries...
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June 18, 2018, 07:10 AM
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Ritchie Bros. Auctioneers announced that effective July 27, Greg Owens, Group President, New Sectors & Ventures, and former CEO of IronPlanet, Inc., is resigning from the business to pursue other opportunities."I am very proud to have been a part of...
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June 13, 2018, 07:30 AM
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Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, Texas.More than 4,750 people from 59 countries registered to bid in the May 15-16 event, including more than 3,450 people...
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May 17, 2018, 07:12 AM
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Following up on its successful IronPlanet "Big Spring" event in March, Ritchie Bros. is set to host another special IronPlanet online event on May 24, selling 2,100+ items from sellers across North America.
"We have a real nice selection of items in...
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May 16, 2018, 06:55 AM
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Last week Ritchie Bros. conducted its largest Canadian auction of the year, selling more than $161 million (CA$207 million) of equipment over five days in Edmonton, Alberta.The April 24–28 auction attracted more than 14,000 bidders from 59 countries...
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April 30, 2018, 07:00 AM
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Heritage Global Inc. announced the launch of its newly formed division Heritage Global Energy and Construction (HGEC). With headquarters in Austin, Texas, HGEC provides asset advisory, auction services and monetization solutions for businesses...
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March 21, 2018, 07:25 AM
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United Country Real Estate has launched an online equipment auction website—www.UCEquipmentAuctions.com—hosted by AuctionTime.com, the leader in online only auctions for agriculture and construction equipment, commercial trucks and trailers. The...
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January 29, 2018, 07:06 AM
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Buyers and sellers around the world transacted over $21 million (GAP) in construction, agriculture, and commercial trucking assets last week through AuctionTime.com, an online auction platform focused within these industries. The two-day sale, which...
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December 18, 2017, 06:40 AM
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This week Ritchie Bros. Auctioneers sold more than 3,800 equipment items and trucks for US$44+ million at its Houston, TX auction site. More than 4,900 people from 56 countries registered to bid in the two-day auction (Nov. 8 – 9), including 3,350+...
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November 10, 2017, 08:00 AM
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Ritchie Bros. sold more than 6,800 equipment items and trucks for US$73+ million in its October auction in Edmonton last week.. The four-day event held October 24 – 27, 2017, attracted more than 9,850 bidders from 47 countries, including 7,300+...
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October 30, 2017, 07:00 AM
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Ritchie Bros. held its sixth Texas auction of the year on July 19 – 20th, selling 3,400+ equipment items and trucks for US$42+ million at its auction site in Fort Worth. Approximately 59 percent of equipment was sold to online buyers in two-day July...
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July 24, 2017, 07:00 AM
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Ritchie Bros. conducted its third Edmonton auction of the year this week, selling 5,500+ equipment items and trucks for CA$72+ million (US$54+ million) over two days (June 13 – 14, 2017). More than 7,250 people from 50 countries registered to bid in...
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June 16, 2017, 06:33 AM
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Ritchie Bros. and Caterpillar launched a strategic alliance, originally announced in 2016, following the Ritchie Bros. acquisition of IronPlanet, a leading online marketplace for heavy equipment and other durable assets. Under the alliance, Ritchie...
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June 05, 2017, 07:03 AM
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Loeb Winternitz Industrial Auctioneers announced they have facilitated the bulk sale of the assets located at Harris Silver & Sons, Inc. to Alter Trading Corporation, headquartered in St. Louis, MO. "We are happy that we could provide added value in...
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May 30, 2017, 07:05 AM
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Graebel Van Lines, one of the nation's largest privately-owned moving companies, has shut down operations and is selling more than 850 of its trucks and trailers at Ritchie Bros. unreserved public auctions across the United States in 2017. Every item...
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May 26, 2017, 07:10 AM
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Ritchie Bros. held its second Fort Worth, TX auction of the year this week, selling 3,800+ items over two days for US$41+ million. More than 4,250 people from 59 countries registered to bid in the May 17 – 18 auction, including 2,900+ bidders...
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May 22, 2017, 07:02 AM
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Ritchie Bros.' Toronto, ON auction site smashed its sales record for the third time in 12 months, selling CA$45+ million (US$32+ million) of equipment and trucks over two days (May 10 – 11, 2017). Toronto broke a single-auction sales record in May...
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May 15, 2017, 07:02 AM
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IronPlanet® announced APSV, the long-established U.K. supplier of ex-MOD and ex-PLC construction equipment, plant and trucks, as its first European customer on the new Marketplace Direct platform. Marketplace Direct features advanced, self-listing...
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May 10, 2017, 07:00 AM
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Ritchie Bros.' April auction in Edmonton attracted 13,800 people from 60+ countries, as 8,650+ items were sold over four days (April 25 – 28, 2017) for US$134+ million. Approximately 66 percent of the bidders in the auction registered to participate...
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May 01, 2017, 06:14 AM
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As the dust settled after two action-packed days at Ritchie Bros.' Fort Worth auction site (March 15-16), the sales figures and turnout revealed the company's largest-ever Texas auction. More than 5,675 people registered to bid in person and online...
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March 17, 2017, 07:00 AM
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Ritchie Bros. Auctioneers 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% increase in gross auction...
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December 27, 2016, 07:04 AM
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Ritchie Bros. Auctioneers announces that Terry Dolan, President, U.S. and Latin America, will be leaving the company effective December 31, 2016. "I would like to thank Terry for his contributions to the company and wish him much success in his...
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December 22, 2016, 07:15 AM
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In 2016 Ritchie Bros. held six auctions at its flagship site in Edmonton, AB, selling 43,500+ equipment items and trucks for CA$728+ million (US$559+ million). This includes last week's two-day auction on December 8 – 9, when 4,500+ items were sold...
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December 12, 2016, 06:54 AM
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Ritchie Bros. held its fifth and final Fort Worth, TX auction of the year this week, selling 4,950+ items over two days for US$40+ million. More than 4,600 people from 56 countries registered to bid in the November 30 – December 1 auction, including...
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December 06, 2016, 07:00 AM
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IronPlanet® unveiled the new allEquip® fixed and negotiated pricing format with Make Offer functionality. Adding to its worldwide technology-driven online and onsite auction formats, with the new allEquip, IronPlanet now offers sellers the industry’s...
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November 17, 2016, 07:02 AM
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Ritchie Bros. announced that it has acquired Kramer Auctions, a leading Canadian agricultural auction company with exceptionally strong customer relationships in central Canada. This acquisition is expected to significantly strengthen Ritchie Bros.'...
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November 16, 2016, 07:12 AM
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Ritchie Bros. conducted its fifth and final Houston, TX auction of the year this week, selling more than 4,200 equipment items and trucks for US$43+ million. More than 4,725 people from 55+ countries registered to bid in the November 9 – 10 auction...
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November 11, 2016, 07:08 AM
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With winter on its way, many Alberta contractors are realigning their fleets for winter work, making it a perfect time for another Ritchie Bros. auction. More than 10,600 people registered to bid for the company's latest Edmonton, AB auction, held...
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October 31, 2016, 07:00 AM
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IronPlanet® announced record-breaking results from its month-long September to remember auction events. Combining both online and on-site auctions, the company sold 9,890 items for more than $99 million in GMV (Gross Merchandise Volume), during 23...
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October 21, 2016, 07:06 AM
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This week Ritchie Bros. conducted its largest-ever two-day auction in the United States. More than 3,400 equipment items were sold in Columbus, OH on September 28 – 29 for US$76+ million. Approximately US$61+ million of the equipment was sold on Day...
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September 30, 2016, 07:07 AM
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With thousands of buyers from around the world participating in Ritchie Bros.' eighth Texas auction of the year, Ritchie Bros. sold more than 4,400 equipment items and trucks for US$54+ million over two days in Fort Worth (Sept 21-22, 2016). More...
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September 23, 2016, 07:02 AM
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Penton’s EquipmentWatch has launched the new EquipmentWatch Verification mobile app that provides immediate serial number and VIN verification for heavy equipment and on-road trucks in the auction and resale markets. Available for both Android and...
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September 21, 2016, 07:15 AM
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IronPlanet® announced IronPlanet® LiveStream the next generation in online bidding for live on-site auctions. IronPlanet LiveStream builds on IronPlanet’s leading online technology with new live on-site auction features for buyers who need to stay in...
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September 09, 2016, 07:04 AM
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Traditionally an agricultural hub for Ritchie Bros., the company's Tipton, CA auction site held a largely construction and transportation focused auction last week and set a new site sales record in the process. On August 17th, 1,350+ equipment items...
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August 22, 2016, 07:03 AM
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IronPlanet® announced that the U.S. Department of Defense’s Defense Logistics Agency (DLA) has executed its option to extend its Commercial Venture 4-Rolling Stock (CV4-R) contract with IronPlanet. The one-year extension is the first of five...
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August 09, 2016, 06:45 AM
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This week Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for US$59+ million over two days in Fort Worth (July 20-21, 2016). More than 4,600 people from 55+ countries registered to...
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July 22, 2016, 07:00 AM
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IronPlanet® announced that Matt Ackley has been named senior vice president and chief marketing officer. Ackley comes to IronPlanet with 25 years of successful technology marketing experience with companies that include eBay, Google, Marin Software...
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May 26, 2016, 07:15 AM
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A diverse selection of construction, transportation and farming equipment attracted thousands of buyers from around the world to this week's Ritchie Bros. auction in Fort Worth, TX (May 4-5, 2016). By auction's end, 4,325 people had registered to bid...
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May 06, 2016, 04:00 AM
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More than 5,950 people registered to bid at Ritchie Bros.' first Denver, CO auction of the year . The record-breaking two-day auction set new Denver site records for number of sellers, items, bidders and total sales, which hit US$46+ million by...
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March 21, 2016, 07:07 AM
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At Ritchie Bros.' Grande Prairie auction this week, one thing became clear: records would be broken. By auction's end, CA$62+ million (US$46+ million) of equipment had been sold, and more than 7,150 people had registered to bid—both new records for...
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March 16, 2016, 07:03 AM
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IronPlanet and Auctions America, which specializes in the sale of American Classics, European sports cars, Detroit muscle, hot rods and customs, announced an agreement to jointly market Auctions America’s annual Fort Lauderdale event. To be held at...
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March 15, 2016, 06:57 AM
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Tiger Liquidity Services Energy Partners announces it will sell equipment from Enseco Services in Casper, Wyo. & Minot, N.D. during a March 22nd online sale; bidding opens March 16th.By order of the court appointed receiver, Tiger Liquidity Services...
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March 11, 2016, 06:56 AM
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Ritchie Bros. announced its recent two-day auction set a new Texas-state records for number of bidders and items sold. The yard was packed with equipment—all of it lined up carefully, ready to be sold—as huge crowds showed up to bid at the auction...
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March 04, 2016, 07:24 AM
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Ritchie Bros.' first Canadian auction of the year in Edmonton, AB, a three-day unreserved public auction (February 24 – 26), attracted 13,100+ bidders from 47 countries—50 percent more than the same auction last year. Ritchie Bros. sold more than...
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February 29, 2016, 07:15 AM
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Last week, buyers from around the world visited Ritchie Bros.' 200-acre Orlando, FL site for the year's largest equipment auction. In just five days, Ritchie Bros. sold a record 10,700+ items for US$172+ million. February is auction season in Florida...
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February 22, 2016, 07:12 AM
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Ritchie Bros. Auctioneers Incorporated announced that it has acquired Mascus International Holding BV ("Mascus"), a leading global online equipment listing service. The acquisition expands the breadth of equipment disposition and management solutions...
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February 19, 2016, 07:08 AM
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IronPlanet® will showcase U.S. military Humvees at its five day Kissimmee, Florida, unreserved public auction. GovPlanet, IronPlanet’s online marketplace for used government surplus, is auctioning three High Mobility Multipurpose Wheeled Vehicles...
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January 29, 2016, 07:05 AM
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Ritchie Bros. sold 3,650+ equipment items and trucks for US$43+ million at this week's unreserved public auction in Fort Worth, TX (December 2 – 3, 2015). Ritchie Bros. conducted five auctions in Fort Worth in 2015, selling a combined 18,800+ lots...
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December 04, 2015, 07:15 AM
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Ritchie Bros. sold 4,200+ equipment items and trucks for $50+ million at this week's unreserved public auction in Houston, TX. In total, the Company conducted five auctions in Houston in 2015, selling a combined 19,700+ lots for $238+ million with...
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November 13, 2015, 07:00 AM
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Yellen Partners, LLC (Yellen Partners), a financial services, asset management, auctioneer and appraisal firm, announced that Organic Avenue, LLC (Organic Avenue), the former grab-and-go destination for organic, plant-based meals and snacks in New...
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November 10, 2015, 06:18 AM
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Ritchie Bros. sold CA$137+ million (US$104+ million) of heavy equipment and trucks at its unreserved public auction in Edmonton, AB this week (October 27 – 29, 2015). Ritchie Bros.' Edmonton site has already surpassed its 2014 sales record, selling...
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October 30, 2015, 07:05 AM
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Yellen Partners, LLC (Yellen Partners), a financial services, asset management, auctioneer and appraisal firm, announced the second liquidation sale of nearly $1 million of former rental fleet construction equipment. The sale will be conducted as an...
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October 01, 2015, 06:33 AM
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Ritchie Bros. (NYSE:RBA), conducted its largest ever Texas auction this week, selling US$70+ million of heavy equipment and trucks at its permanent Fort Worth auction site. The two-day unreserved public auction on September 23 – 24, 2015, also set a...
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September 25, 2015, 07:00 AM
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IronPlanet announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.
“IronPlanet is continuing to build on the momentum we’ve...
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September 18, 2015, 07:06 AM
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Hilco Industrial and Gordon Brothers Group announced that they will run a private treaty sale process to sell an extensive fleet of trucking and heavy haul equipment from Butch’s Trucking Inc., one of the nation’s premier oil and gas servicing...
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August 31, 2015, 07:03 AM
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Ritchie Bros. sold US$45+ million of equipment and trucks at its unreserved public auction in Houston, Texas on August 26 – 27, 2015. More than 3,875 items were sold in the auction, including 285+ truck tractors, 160 frac tanks, 110 excavators, 55+...
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August 28, 2015, 06:58 AM
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IronPlanet and Finning International, the largest Cat® dealer in the world, announced that Finning has agreed to jointly market used heavy equipment through Cat Auction Services, IronPlanet’s unreserved auction marketplace. Finning will be hosting...
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August 26, 2015, 07:12 AM
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Gordon Brothers Group will be selling a large package of equipment, formerly owned by Hodges Trucking Company L.L.C., in conjunction with Ritchie Bros. Auctioneer this September and October. On June 18, 2015, Gordon Brothers Group announced that it...
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August 17, 2015, 07:10 AM
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Ritchie Bros. sold US$45+ million of equipment and trucks at its unreserved public auction in Houston, Texas on June 24 – 25, 2015. The two-day auction set a new Houston site record for number of sellers. Auction highlights included 325+ trailers...
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June 26, 2015, 07:00 AM
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Tiger Group’s Remarketing Services division has announced the creation of GearXpres, an auction marketplace dedicated to offering professional quality broadcast, film and A/V equipment under the direction of industry veteran Chris Thompson.GearXpres...
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June 18, 2015, 06:00 AM
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IronPlanet announced that Gord McDougall has joined its Canadian executive team as managing director, Canada, Cat Auction Services. A leader in the used heavy equipment industry, McDougall will help expand IronPlanet’s reach in Canada and continue to...
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May 29, 2015, 07:04 AM
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In early May 2015, Phoenix-based Swift Transportation sold 25 2013 Volvo VNL 670 sleeper truck tractors on EquipmentOne, Ritchie Bros.' new secure online marketplace. The professionally-maintained, low mileage, late model trucks were listed for 10...
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May 18, 2015, 07:00 AM
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Ritchie Bros. sold more than $50 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on May 6 – 7, 2015. The two-day auction set a new Fort Worth site record for number of lots sold, with more than 3,900 items being...
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May 08, 2015, 07:00 AM
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Ritchie Bros. sold more than CA$215 million (US$177+ million) of heavy equipment and trucks at an unreserved public auction in Edmonton, AB from April 28 – May 1, 2015, making it the largest Canadian auction in Company history. The auction broke...
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May 05, 2015, 07:04 AM
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Ritchie Bros. announced that Terry Dolan has agreed to join the Company as President, U.S. and Latin America, effective May 20, 2015. He will have full P&L responsibility for the Company's U.S. and Latin America business unit. "Terry has an...
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May 04, 2015, 07:07 AM
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The March Rouse Value Index™ for used equipment prices increased to 46.6, up 0.4% from February values. This is 7.7% higher than the prior peak period of 43.3 in April 2007, and 57.1% higher than prior trough period of 29.7 in June 2009. The Rouse...
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May 01, 2015, 06:41 AM
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IronPlanet announced it will hold auctions on IronPlanet and across all of its marketplaces this Wednesday through Friday, as well as hold a joint live unreserved public auction with Cat Auction Services in Des Moines, Iowa, on Wednesday, March 25...
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March 24, 2015, 09:35 AM
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Ritchie Bros. sold more than CA$44 million (US$34+ million) of heavy equipment and trucks at an unreserved public auction in Montreal, QC on March 18 and 19, 2015—the largest Montreal auction in Company history. The two-day auction also set new site...
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March 20, 2015, 06:57 AM
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Ritchie Bros. sold more than US$47 million of equipment and trucks at its unreserved public auction in Fort Worth, Texas on March 4 - 5, 2015. The two-day auction set a new Fort Worth site record for number of registered bidders; more than 4,700...
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March 06, 2015, 06:56 AM
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Ritchie Bros. sold 4,600+ equipment items and trucks for CA$84+ million (US$67+ million) at an unreserved public auction in Edmonton, AB this week, making it the Company's largest Canadian auction ever held in February. The two-day auction, held...
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February 27, 2015, 06:59 AM
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Ritchie Bros. sold a record-breaking 10,500+ equipment items and trucks at its premier global auction last week in Orlando, Florida. The five-day unreserved public auction (February 16 – 20, 2015) attracted 9,350+ on-site and online bidders from 81...
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February 24, 2015, 07:00 AM
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Ritchie Bros. Auctioneers sold more than US$42 million of heavy equipment and trucks at an unreserved public auction in Houston, Texas on February 11-12, 2015. More than 3,800 lots were sold, including 190+ truck tractors, 60+ excavators, 30+ dozers...
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February 13, 2015, 06:17 AM
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The Industrial Auctioneers Association (IAA) presented its 2014 Marketing Award to Loeb Winternitz Industrial Auctioneers for their successful marketing and sale of the assets from Green Mountain Coffee Roasters. In May of 2014, Loeb Winternitz...
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February 02, 2015, 07:00 AM
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Ritchie Bros. Auctioneers sold approximately $4.2 billion of equipment through 349 unreserved auctions and its online equipment marketplace during 2014. This is a new annual record for the Company, and represents a 10.5% increase in gross auction...
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December 23, 2014, 07:05 AM
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Ritchie Bros. Auctioneers sold more than US$63 million of heavy equipment and trucks in Edmonton, Alberta on December 11 – 12, 2014. This was Ritchie Bros.' 6,000th auction in its history and the largest December auction ever. More than 4,700...
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December 15, 2014, 07:00 AM
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Ritchie Bros. Auctioneers conducted its largest agriculture auction of 2014 yesterday in Saskatoon, SK (December 2), selling more than CA$41 million (US$36+ million) of equipment and trucks in a single day. The unreserved public auction also set new...
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December 03, 2014, 07:00 AM
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GovPlanet, an online marketplace dedicated to buying and selling used government assets, sold 158 inspected items from U.S. Department of Defense (DoD) surplus rolling stock at its first online auction held on November 19 at GovPlanet.com. “The...
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December 01, 2014, 06:53 AM
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Ritchie Bros. Auctioneers sold more than US$56 million of heavy equipment and trucks on November 12 – 13, 2014 at its permanent auction site in Houston, Texas. Auction highlights included 185+ truck tractors, 130+ excavators, 75+ agricultural...
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November 14, 2014, 06:42 AM
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IronPlanet announced that it has acquired Kruse Energy and Equipment Auctioneers LLC, the leader in oilfield equipment auctions, extending its presence in the oilfield industry. Terms were not disclosed. “IronPlanet and Kruse together will give our...
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November 04, 2014, 07:10 AM
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Ritchie Bros. Auctioneers sold more than US$98+ million of heavy equipment and trucks in Edmonton, Alberta on October 28 – 30, 2014. The unreserved public auction set new records for most items ever sold in a Canadian auction (close to 6,700) and...
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October 31, 2014, 06:41 AM
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Ritchie Bros. Auctioneers sold more than CA$83 million (US$75+ million) of heavy equipment and trucks in Edmonton, Alberta on September 10 – 12, 2014. This auction set multiple Company records for the month of September, including record gross...
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September 16, 2014, 06:40 AM
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Ritchie Bros. Auctioneers sold more than US$48 million of heavy equipment and trucks during an unreserved public auction at the Company's permanent auction site in Houston, Texas on August 27 & 28, 2014. More than 3,900 registered bidders competed...
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August 29, 2014, 06:52 AM
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Ritchie Bros. Auctioneers will sell a large selection of late model industrial and agricultural equipment at its unreserved public auction in St. Louis, MO on June 27, 2014. Equipment highlights in the auction include a selection of bulldozers and...
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June 16, 2014, 06:00 AM
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IronPlanet announced a licensing agreement with BiddingAce, a new online marketplace for general aviation aircraft. Under the agreement, BiddingAce uses IronPlanet technology to power its e-commerce marketplace. “IronPlanet is excited to extend our...
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June 11, 2014, 06:55 AM
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Ritchie Bros. and AssetWorks, a leading provider of Enterprise Asset Management software solutions, announced the availability of a prepackaged integration between the Ritchie Bros. EquipmentOne marketplace (www.EquipmentOne.com and AssetWorks...
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June 05, 2014, 05:59 AM
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The April Rouse Value Index™ for used equipment prices increased to 45.5, up 0.8% from March values. This is 5.1% higher than the prior peak period of 43.3 in April 2007, and 53.2% higher than prior trough period of 29.7 in June 2009. The Rouse Value...
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June 02, 2014, 06:50 AM
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Ritchie Bros. Auctioneers sold more than CA$40 million (US$36+ million) of equipment and trucks at its unreserved public auction in Montreal, QC May 21 - 22, 2014. The auction set multiple Montreal site records, including online sales (CA$18+ million...
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May 27, 2014, 06:15 AM
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Ritchie Bros. Auctioneers sold more than US$47 million of equipment items and trucks at a two-day unreserved public auction held at its permanent auction site in Fort Worth, Texas on May 14 & 15, 2014. The auction set a new record for online sales in...
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May 19, 2014, 06:28 AM
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Loeb Winternitz Industrial Auctioneers is pleased to announce that the assets from AnaCon Foods’ wheat germ and extruded snack facility has been sold as an ongoing concern. As a result, the auction originally planned for April 29th, was cancelled....
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May 19, 2014, 05:44 AM
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Ritchie Bros. Auctioneers sold more than CA$143 million (US$129+ million) of trucks and heavy equipment in Edmonton, AB on April 23 - 25, 2014, making it the largest Canadian auction in Company history. Multiple other records were broken in the...
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April 29, 2014, 06:15 AM
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Ritchie Bros. Auctioneers officially opened its new auction site in Manchester, NH on April 17th during a multi-million dollar grand opening auction. More than 1,400 bidders from 40 countries registered on site or online to participate in yesterday's...
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April 21, 2014, 05:56 AM
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IronPlanet will celebrate the 14th anniversary of its first auction this week. “We’re excited to celebrate 14 years of growth since our first online auction,” said Greg Owens, CEO, IronPlanet. “We have attracted more than one million registered users...
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March 26, 2014, 05:59 AM
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Ritchie Bros. Auctioneers conducted a record-breaking US$60+ million two-day auction in Las Vegas, NV last week (March 6 & 7, 2014). The unreserved public auction was the largest the site has ever conducted in terms of gross auction proceeds, number...
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March 11, 2014, 06:30 AM
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Ritchie Bros. Auctioneers sold more than CA$57 million (US$51.5+ million) of equipment and trucks at its first Canadian auction of 2014, held at its permanent auction site in Edmonton, AB on February 26 - 27, 2014. Close to 3,800 equipment items and...
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March 03, 2014, 06:00 AM
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Ritchie Bros. Auctioneers conducted a record-breaking unreserved public auction at its auction site in Tipton, CA on February 14, 2014. The multi-million dollar auction set new Tipton site records for number of registered bidders (2,850+) and number...
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February 24, 2014, 06:00 AM
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IronPlanet announced it has surpassed 1 million users who have registered to view equipment for sale and participate in online auctions at IronPlanet.com. “This is an exciting milestone for us because it demonstrates that more than 1 million users...
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February 21, 2014, 06:51 AM
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Ritchie Bros. Auctioneers will conduct its first Canadian auction of 2014 next week on February 26 - 27, at its permanent site in Edmonton, AB. More than 3,500 equipment items and trucks will be sold in the unreserved public auction, including 60+...
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February 18, 2014, 06:15 AM
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The December Rouse Value Index for used equipment decreased to 44.1, down 0.7% from November values. This is 1.1% higher than prior peak of 43.6 in April 2007, and 48.5% higher than prior trough of 29.7 in June 2009. The Rouse Value Index measures...
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February 03, 2014, 06:00 AM
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IronPlanet, a leading online marketplace for used heavy equipment, announced it will host the industry’s first major auction of 2014 on Jan. 28-31, featuring nearly 2,000 construction and related items for sale online.“IronPlanet is dedicated to...
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January 21, 2014, 06:00 AM
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November OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.4% from October values. For the six months ending November 30th, 2013, average index values are up 1.2%. Eight out of fourteen...
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January 02, 2014, 07:10 AM
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Ritchie Bros. Auctioneers sold more than CA$60 million (US$57+ million) of equipment and trucks at its unreserved public auction in Edmonton, AB on December 12 - 13, 2013. More than 3,750 equipment items and trucks were sold in the two-day auction...
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December 18, 2013, 07:00 AM
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Ritchie Bros. Auctioneers conducted its largest ever agriculture auction, in Saskatoon, SK, on December 3, 2013, selling more than US$40+ million of equipment and trucks in a single day. The unreserved public auction also set a new Saskatoon site...
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December 05, 2013, 06:55 AM
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October OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.1% from September values. For the six months ending October 31st, 2013, average index values are up 1.6%. Seven out of fourteen...
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December 02, 2013, 06:59 AM
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Ritchie Bros. Auctioneers conducted its largest two-day auction in Company history this week in Edmonton, AB (October 29 - 30, 2013). More than 5,850 equipment items and trucks were sold in the public auction for more than CA$95 million (US$90+...
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October 31, 2013, 06:42 AM
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August OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.3% from July values. For the six months ending August 31st, 2013, average index values are up 1.6%. Six out of fourteen category...
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October 02, 2013, 06:56 AM
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Ritchie Bros. Auctioneers set new Company records during an unreserved public auction in Saskatoon, SK on August 7, 2013 by selling 135 combines for more than CA$15.5 million. The Company broke its records for the largest number of combines ever sold...
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August 12, 2013, 07:02 AM
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May OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.8% from April values. For the six months ending May 31st, 2013, average index values are up 1.3%. Eight out of fourteen category...
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July 01, 2013, 06:58 AM
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Ritchie Bros. Auctioneers sold CA$60+ million (US$59.5+ million) of heavy equipment, property and trucks during a two-day unreserved public auction at its permanent auction site in Edmonton, Alberta, on June 12 - 13, 2013. More than 4,450 items were...
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June 17, 2013, 06:58 AM
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Perfection Industrial Sales, a division of Perfection Global, along with joint venture partners Infinity Assets and Machinery Network Auctions, have announced their recent acquisition of formerly owned assets from Core Systems, LLC manufacturing...
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April 29, 2013, 10:00 AM
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Ritchie Bros. Auctioneers sold more than CA$104 million (US$102+ million) of trucks and heavy equipment during a record breaking three-day unreserved public auction at its permanent auction site in Edmonton, Alberta last week, from April 24 - 26...
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April 29, 2013, 07:06 AM
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Site records broken for the most sellers at a Houston auction, largest online gross auction proceeds, and largest number of online bidders and online buyers. Ritchie Bros. Auctioneers sold more than US$47 million of heavy equipment and trucks during...
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April 22, 2013, 07:05 AM
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Ritchie Bros. announced it has commercially launched Ritchie Bros. EquipmentOne with new features and functionality for both buyers and sellers. Complementary to the Company's flagship unreserved auction business, Ritchie Bros. EquipmentOne...
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April 09, 2013, 07:02 AM
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February OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.5% from January values. For the six months ending February 28th, 2013, average index values increased 0.4%. Eight out of...
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April 01, 2013, 07:05 AM
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Equipment Appraisal Services (EquipmentAppraisal.com) announced that it has launched an online marketplace for buyers and sellers of machinery and equipment. The website EquipmentAuction.com allows users to list items for sale in various categories....
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March 28, 2013, 07:15 AM
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IronPlanet broke its record for the largest single unit ever sold. A buyer from North Carolina won a Marion 7820 Walking Dragline in IronPlanet’s Daily Marketplace, for the highest bid of $3 million from a seller in Pennsylvania.Weighing over 2,000...
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March 14, 2013, 07:00 AM
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Ritchie Bros. Auctioneers sold more than CA$57 million (US$55+ million) of heavy equipment and trucks during an unreserved public auction at its permanent auction site in Edmonton, Alberta last week, on March 7 & 8, 2013. The auction featured a large...
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March 13, 2013, 07:00 AM
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Ritchie Bros. Auctioneers said it sold more than $44 million of equipment items and trucks at a two-day unreserved public auction held at its permanent auction site in Fort Worth, Texas on March 5 & 6, 2013. New auction site records were set for...
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March 08, 2013, 07:18 AM
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January OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.2% from December values. For the six months ending January 31st, 2013, average index values decreased 0.4%. Four out of...
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March 01, 2013, 07:15 AM
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IronPlanet announced that it has acquired Asset Appraisal Services (AAS), an inspection, appraisal and online auction services company serving customers across the used capital equipment markets, with a key focus on the commercial truck sector. “We...
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February 27, 2013, 07:29 AM
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Ritchie Bros. Auctioneers announced net earnings for the year ended December 31, 2012 of $79.5 million and adjusted net earnings of $82.6 million. This compares to net earnings of $76.6 million and adjusted net earnings of $73.6 million for the year...
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February 26, 2013, 07:10 AM
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December OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.4% from November values. For the six months ending December 31st, 2012, average index values decreased 1.1%. Three out of...
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February 04, 2013, 07:15 AM
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Ritchie Bros. announced the initial release of a new online equipment marketplace called Ritchie Bros. EquipmentOne. Complementary to the Company's flagship unreserved auction business, Ritchie Bros. EquipmentOne (www.EquipmentOne.com) is a secure...
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January 22, 2013, 07:30 AM
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Ritchie Bros. Auctioneers Incorporated, the world’s largest auctioneer of industrial equipment, sold approximately $3.9 billion of equipment at 328 unreserved auctions around the world in 2012. This represents a 5% increase in gross auction proceeds...
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December 27, 2012, 07:40 AM
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Ritchie Bros. Auctioneers has sold more than CA$1 billion of equipment and trucks in its Canadian auctions to date in 2012—the first time the Company has achieved this mark in Canada in a single year in its 54-year history. “This has been a...
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December 18, 2012, 07:00 AM
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Ritchie Bros. Auctioneers conducted its largest ever Quebec and Saskatchewan auctions this week—selling more than CA$42 million (US$43+ million) of equipment in Montreal, QC (December 5 - 6, 2012) and CA$30 million (US$30+ million) in Saskatoon, SK...
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December 10, 2012, 06:58 AM
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October OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse increased 0.3% from September values. For the six months ending October 31st, 2012, average index values decreased 1.4%. Six out of...
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December 03, 2012, 06:21 AM
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Ritchie Bros. Auctioneers announced that it will be holding its first unreserved public auction in China during Spring 2013. Although relatively new to the Chinese heavy equipment market, unreserved industrial auctions have been a quick and easy...
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November 29, 2012, 07:24 AM
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Ritchie Bros. Auctioneers sold more than $61 million of heavy equipment and trucks during an unreserved public auction in Edmonton, Alberta on October 24 & 25, 2012. More than 5,400 registered bidders competed for more than 4,900 equipment items and...
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October 29, 2012, 07:00 AM
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Ritchie Bros. Auctioneers sold approximately $561 million of equipment at 31 unreserved auctions around the world in September 2012, the highest September gross auction proceeds in Company history and one of its largest ever months. The Company also...
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October 05, 2012, 07:02 AM
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Ritchie Bros. Auctioneers sold more than $40 million of equipment items and trucks at an unreserved public auction in Fort Worth, Texas on September 25 - 26, 2012. More than 3,400 equipment items and trucks were sold in the auction—with each and...
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September 27, 2012, 07:00 AM
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Ritchie Bros. Auctioneers sold close to $54 million of heavy equipment items during a two-day unreserved public auction at the Company’s site in Edmonton, Alberta on Wednesday & Thursday, September 5 & 6, 2012. Almost 5,000 registered bidders...
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September 10, 2012, 07:28 AM
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IronPlanet announced the addition of Sue McGregor as managing director for Canada. Sue will be responsible for expanding sales and operations in Canada, a key revenue growth market for IronPlanet.“Sue brings over 20 years of proven experience...
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August 22, 2012, 07:06 AM
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Ritchie Bros. Auctioneers Incorporated, the world's largest auctioneer of industrial equipment, announces net earnings for the six months ended June 30, 2012 of $49.3 million and adjusted net earnings of $50.5 million. This compares to net earnings...
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August 02, 2012, 07:00 AM
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According to the July 2012 Rouse Rental Report, June OLV index values for used equipment across the fourteen major rental category indices tracked by Rouse decreased 0.2% from May values. For the six months ending June 30th, 2012, average index...
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August 01, 2012, 07:00 AM
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Ritchie Bros. Auctioneers sold millions of dollars of heavy equipment and trucks at its unreserved public auctions last week including a CA$50 million (close to US$49 million) auction in Edmonton, AB and a US$41 million auction in Houston, TX, as...
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June 18, 2012, 07:00 AM
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Ritchie Bros. Auctioneers announced that it has successfully completed the acquisition of AssetNation, a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros. intends to continue to grow AssetNation’s core...
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May 18, 2012, 07:00 AM
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Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, today announced that it has agreed to acquire AssetNation, Inc., a leading online marketplace and solutions provider for surplus and salvage assets. Ritchie Bros.intends to...
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May 10, 2012, 07:45 AM
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Construction Equipment Guide reported that more than 1,750 bidders participated online and in person at a recent Ritchie Bros. unreserved public equipment auction held in Atlanta on March 29, 2012. According to the report, the auction attracted...
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April 17, 2012, 07:30 AM
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Ritchie Bros. set multiple records at its first-ever Mexico national auction held in Polotitlan, State of Mexico on March 28 & 29, 2012. The Company has been in business for more than 50 years and has been conducting unreserved heavy equipment...
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April 09, 2012, 06:40 AM
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IronPlanet , a leading online marketplace for used heavy equipment, announced record annual sales in 2011, with gross merchandise volume (GMV) exceeding $568 million, an increase of 15% over 2010. “I am pleased with our 2011 results, closing another...
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March 23, 2012, 08:15 AM
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Construction Equipment reported Ritchie Bros. sold more than 200 cranes in five weeks at its first unreserved public auctions of 2012 in North America, Europe and the Middle East. According to the report, each crane was sold to the highest bidder...
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March 22, 2012, 08:00 AM
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Ritchie Bros. Auctioneers sold more than $48 million of equipment items and trucks at a two-day unreserved public auction held in Fort Worth, Texas. Equipment highlights in the auction included three late-model, low-hour Komatsu HD785-7 100-ton rock...
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March 13, 2012, 07:30 AM
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The February edition of the Rouse Rental Report indicates improved metrics in three important areas: OLV Values, auction sale results, and rental rates across fourteen major rental categories tracked by Rouse. January OLV Values Increase 0.6%January...
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March 01, 2012, 07:30 AM
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Ritchie Bros. Auctioneers , the world's largest auctioneer of industrial equipment, announced net earnings for the year ended December 31, 2011 of $76.6 million and adjusted net earnings of $73.6 million. This compares to net earnings of $65.7...
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February 28, 2012, 06:30 AM
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Ritchie Bros. Auctioneers held the world's largest heavy equipment auction in Orlando, Florida last week (February 13 - 18, 2012) and, in the process, broke multiple Company records. New records were set for gross auction proceeds (US$203 million)...
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February 21, 2012, 08:30 AM
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Equipment World reported that Ritchie Bros. says it’s hoping to beat their previous 2008 record of $190 million in gross auction proceeds from one auction after reviewing the results of the first two days of a six day auction being held in Orlando...
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February 15, 2012, 08:00 AM
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