Ritchie Bros. auctions company record $3.9 billion worth of equipment in 2012

|  December 21, 2012 |

Ritchie Bros. Auctioneers sold nearly $3.9 billion worth of equipment in 2012, the company announced today.

The $3.9 billion mark is a company record and came through 328 unreserved auctions around the world. The sales represent a 5 percent increase in gross auction proceeds over 2011 and the company saw $1 billion in auction proceeds in the fourth quarter alone.

Meanwhile, the company is seeing impressive growth online. Rbauction.com attracted 5 million unique visitors through the year. More importantly, the company saw a record number of online bidder registrations, selling nearly $1.3 billion of equipment, trucks and other assets to online bidders in 2012. That number is an 18% increase over 2011 and a company record for online sales.

Do you want some tips to stay safe on the job site?

Equipment World has created an entire section devoted to safety.

Click here to check it out. »

 

Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

advertisement
advertisement
advertisement
advertisement