15,000 online bidders from 64 countries registered for the
June 23 – 25, 2021 unreserved
auction
EDMONTON, AB, June 28, 2021 /CNW/ - Ritchie Bros. Edmonton team was back at it last week,
selling 8,500+ equipment items and trucks for 1,200+ consignors.
The three-day online auction attracted close to 15,000 bidders and
generated more than CA$70 million (US$56+ million) in gross
transaction value.
Approximately 92% of the equipment in the June 23 – 25 auction was sold to buyers in
Canada, including 56% sold to
Alberta, 15% to British Columbia, and 9% to Saskatchewan. The remaining 8% of the
equipment was sold to International buyers from as far away as
Australia, China, and the United Kingdom.
"We continue to see strong demand for low-hour, well-maintained
equipment and trucks," said Andrew
Lutic, Regional Sales Manger, Ritchie Bros. "It's the beginning of
construction season here in Alberta, so we saw a lot of companies bidding
aggressively in hopes of buying new assets to upgrade or fill holes
in their fleet. For those still looking for equipment, we have a
ton of upcoming buying opportunities, including Marketplace-E,
weekly online featured events at IronPlanet.com, and big upcoming
site auctions in Montreal and
Toronto."
Five Big Sellers:
- 2018 Caterpillar D6T LGP dozer – CA$472,500
- 2015 Kenworth C500 T/A T/A 430-inch WB bed truck –
CA$375,000
- 2016 Western Star 4900SA 2,000-gallon tri-drive hydro vac truck
– CA$335,000
- 2018 Hitachi ZW370-5B wheel
loader – CA$327,500
- 2014 John Deere 410E 6x6 articulated dump truck –
CA$177,500
AUCTION QUICK FACTS: EDMONTON,
AB (JUNE 2021)
- Gross Transaction Value (GTV): CA$70+ million (US$56+
million)
- Total Registered Bidders: 15,000
- Total Number of Lots: 8,500+
- Total Number of Consignors: 1,200+
Ritchie Bros. will sell more than
50,000 equipment items and trucks in its upcoming events, including
a Truro, NS auction on
June 29; Montreal, QC on July
7; Regina, SK on
July 8 – 9; and Toronto, ON on July 13
- 14. The company also has weekly featured online auctions
at IronPlanet.com and a daily reserved option with
Marketplace-E.
About Ritchie Bros.:
Established in 1958, Ritchie
Bros. (NYSE and TSX: RBA) 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 number of sectors, including construction,
transportation, agriculture, energy, oil and gas, mining, and
forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's
largest industrial auctioneer offers live auction events with
online bidding; IronPlanet, an online marketplace with featured
weekly auctions and providing the exclusive IronClad Assurance®
equipment condition certification; Marketplace-E, a controlled
marketplace offering multiple price and timing options;
Mascus, a leading European online equipment listing service;
and Ritchie Bros. Private Treaty,
offering privately negotiated sales. The Company's suite of
solutions also includes Ritchie
Bros. Asset Solutions and Rouse Services LLC, which together
provides a complete end-to-end asset management, data-driven
intelligence and performance benchmarking system. Ritchie Bros. also offers sector-specific
solutions including GovPlanet, TruckPlanet, and Kruse Energy, plus
equipment financing and leasing through Ritchie Bros. Financial Services. For more
information about Ritchie Bros.,
visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
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SOURCE Ritchie Bros.