Tag: Ritchie Bros. Auctioneers: Page 2

Business

Ritchie Bros. names Terry Dolan president of U.S., Latin America business

A 15-year veteran of the industrial sector backed by strong experience with construction, mining and agriculture, Terry Dolan has been announced as Ritchie Bros. Auctioneers’ next U.S./Latin America president. Dolan leaves Global Commercial and Industrial Products’ Generac division where he served as executive vice president for four years. According to the Ritchie Bros. announcement, during his time […]

May 8, 2015

Business

Ritchie Bros. 3Q auction proceeds up, revenues down; announces management, structure changes

Ritchie Bros. says it saw a record third quarter in gross auction proceeds, posting $886.9 million for the period, up 12 percent compared to last year. The company says it achieved more than $4 billion in gross auction proceeds for the last four quarters, which is a first for the company. Adjusted net earnings, however, […]

December 3, 2014

Construction Equipment

Ritchie Bros. sets dates for annual heavy equipment mega-auction in Orlando

Ritchie Bros. Auctioneers today announced the dates for its annual multi-day equipment auction held in Orlando. Dubbed “The Big One,” the event is the largest equipment auction in the world and will be held February 16-20, 2015 at the auctioneers’s massive yard in Orlando. RELATED: Tour the largest heavy equipment auction in the world in […]

October 24, 2014

Business

Ritchie Bros. taps Beverly Briscoe as next Board of Directors Chair

This morning Ritchie Bros. Auctioneers announced that its board of directors has appointed Beverly Briscoe to become its new Chair of the Board. Briscoe will replace Robert Murdoch who is stepping down from the board by the end of the year. Murdoch has reached the age limit set for the position but will remain as […]

July 1, 2014

Construction Equipment

How Ritchie Bros. set online records and sold $166 million worth of heavy equipment at its Orlando auction

“The Big One” has once again lived up to its name for Ritchie Bros. Auctioneers. During its huge annual auction in Orlando, Florida last week—the largest equipment auction in the world—Ritchie Bros. sold more than $166 million worth of heavy equipment. To give you an idea of how big this event is to the company, […]

February 24, 2014

Construction Equipment

PHOTOS: Tour the largest heavy equipment auction in the world, in this Ritchie Bros. Orlando gallery

[imagebrowser id=30] Each year, Ritchie Bros. Auctioneers sets up its own temporary version of Disney World in Orlando, Florida. But, as the gallery above attests, this one’s for equipment junkies. The annual Orlando equipment auction is known as “The Big One” and is the largest equipment auction in the world. Folks come from across the […]

February 20, 2014

Business

Despite record Q4, Ritchie Bros. equipment sales fall to $3.8 billion in 2013

Despite a record-breaking fourth quarter, Ritchie Bros. Auctioneers saw equipment sales fall 3 percent in 2013 to $3.8 billion. “This was an important year for our business,” said CEO Peter Blake in a prepared statement. “We had a focused strategy to grow our sales force and improve the performance of our underwritten (or ‘at risk’) […]

December 26, 2013

Business

Ritchie Bros. boosts revenues, doubles profit in 3Q

Ritchie Bros. Auctioneers announced today a sizable gain in revenues in the third quarter and a huge profit increase. The company brought in auction revenues of $105.8 million. That’s a 15-percent increase from the same period last year. Meanwhile, profit grew 101 percent to $16.4 million. When excluding the after-tax effects of excess property sales and […]

November 5, 2013

Business

Ritchie Bros. CEO Peter Blake to step down next year

After 22 years with Ritchie Bros. and most recently nine as its CEO, Peter Blake has announced that he will step down from his position in May 2014 during the company’s next annual meeting. In the meantime, Blake will remain CEO while the company’s Board of Directors looks for his replacement. Internal and external candidates […]

October 9, 2013

Construction Equipment

Ritchie Bros. Auctioneers becomes reality TV star in new Canadian TV show “Selling Big”

Our friends at Ritchie Bros. Auctioneers have been featured on TV many times before, but now they are officially Canadian TV stars. The recently-launched Cottage Life channel, a Canadian cable network with shows that cover DIY, cooking, entertaining, real estate and outdoor living, is currently airing a 13-episode series called “Selling Big.” The series stars […]

September 9, 2013

Construction Equipment

Ritchie Bros.’ Top 5 heavy equipment movies, includes the awful 1974 classic “Killdozer”

Our friends over at Ritchie Bros. Auctioneers have done a very nice thing for you. They’ve rounded up the top five movies where heavy equipment and trucks are the stars. The whole list is worth checking out, so hop on that. But we’re mostly excited that the list gave us an excuse to watch 1974’s […]

August 20, 2013

Construction Equipment

Tilt-shift footage from Ritchie Bros. auction makes heavy equipment look like toys

Our friends over at Ritchie Bros. Auctioneers did a pretty cool thing during one of their recent auctions. Rather than grabbing normal footage of the huge event, they commissioned a “tilt-shift” filming. For those unfamiliar with the terminology, tilt-shift photography is basically a technique of filming that plays with the focus of the camera a […]

July 30, 2013