Industry News

Ritchie Bros. Continues Online Success With A 40 Per Cent Bidder Increase At Dubai Auction

Equipment ready for auctioning and shipping around the world in the Ritchie Bros. yard located in Jebel Ali Dubai. Ritchie Bros.’ entirely online auctions continue to drive strong results for consignors around the world and the UAE. At the company’s recent auction the world’s largest machinery and heavy equipment auctioneer sold over 1380 items through its Dubai auction site to online buyers worldwide. The two-day auction in March attracted more t...

Ritchie Bros. Sees Increase In Demand From India For Mobile Cranes

Piet Kraaijeveld strategic account manager heavy lift & crane sector at Ritchie Bros. Middle East. According to the world's biggest machinery and heavy equipment auctioneers India is emerging as an important buyer market for used Middle Eastern mobile cranes and heavy lifting equipment. In 2020 Ritchie Bros. Middle East experienced a gradual increase in demand from Indian buyers at its Online Timed Auctions with sales of some mobile crane cate...

Ritchie Bros. To Take Dubai Online Auctions To The Next Level On March 23 & 24

In over pieces of equipment and machinery were sold through Ritchie Bros. online Timed Auctions held in Dubai with online bidders participating from around the world. The first Dubai auction of the year will take place in March with bidding opening on March 16 and ending at staggered times on March 23 and 24. The Ritchie Bros. Middle East team is busy working with businesses in the Middle East and further afield to add inventory to the auction whi...

Strong Online Presence At Ritchie Bros.’ Latest Dubai Auction

Eduard Faig Regional Sales Manager at the Ritchie Bros. Middle East site in Jebel Ali Free Zone Dubai Ritchie Bros. completed its December online machinery and heavy equipment auction in Dubai selling over 1450 pieces of equipment trucks and other items for more than 210 of its consigning customers. Over 1200 online bidders from 83 countries registered for the December Dubai event which concluded on December 16. More than 40% per cent of the equip...

Ritchie Bros. Edmonton Registers 100,000+ Bidders In 2020

Ritchie Bros. held its final auctions of the year at two of its largest auction sites: Edmonton AB and Fort Worth TX. Over three days the Edmonton team sold 5500+ equipment items for US$41 million (CA$53 million) while Ritchie Bros.' Fort Worth team sold US$69+ million of equipment in just two days. Both auctions were conducted 100% online due to COVID-19. "Online demand continues to be strong resulting in record bidder registrations and solid pri...