Tag: auctions: Page 5

Construction Equipment

Ritchie Bros. shares more details on new EquipmentOne sales site

If you  want to sell, but don’t particularly want to put your heavy equipment up for sale at an auction, has Ritchie Bros. new way to sell and buy equipment. Opened near the end of January with a full launch planned for April, the new, web-based  equipment exchange venue is called EquipmentOne and the company briefed […]

February 22, 2013

Business

Ritchie Bros. president sees turnaround for construction; unsure on value of Tier 4

The Ritchie Bros. equipment auction is in full swing here in Kissimmee, Florida, and given the robust nature of the sales company, President Rob Mackay sees things getting better for the future of the construction economy. The company saw its sales increase worldwide to $3.9 billion last year and Mackay says recent auctions in Houston, […]

February 21, 2013

Business

Iron Planet wins first round against Ritchie Bros. in suit involving Iowa contractor

IronPlanet announced Friday that an Iowa District Court jury ruled in favor of their suit against Ritchie Bros. Auctioneers that contended Ritchie interfered in a contract between IronPlanet and customer Scheckel Construction, Bellevue, Iowa. IronPlanet says the jury found that Ritchie Bros. “intentionally and improperly interfered with a valid April 2011 contract between IronPlanet and […]

February 8, 2013

Construction Equipment

First Ritchie Bros. equipment auction in China to be held April 18

Ritchie Bros. Auctioneers will hold its first unreserved public auction in China on April 18. The company made the official announcement Friday morning. It has started receiving its first consignments including an unused 2010 Kata HD820V hydraulic excavator; a 2009 Caterpillar 320D-E hydraulic excavator; and a 2007 Caterpillar D7G Series II crawler tractor. Ritchie Bros. […]

February 1, 2013

Construction Equipment

Hydraulic excavators top list of construction equipment types sold by Ritchie Bros. in 2012

Ritchie Bros. auctioneers has published five “Top 5” lists to its website that provide a pretty interesting look at equipment trends in 2012. Hydraulic excavators were popular among Ritchie Bros. customers this past year, coming in as the no. 1 type of construction equipment sold and the no. 1 search query at rbauctions.com at 1.1 […]

February 1, 2013

Business

Ritchie Bros. auctions company record $3.9 billion worth of equipment in 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 […]

December 21, 2012

Construction Equipment

Ritchie 2nd quarter: Competition for late model used equipment intense

Ritchie Bros. Auctioneers released its 2nd quarter results, saying its six-month earnings grew 25 percent compared to the same period last year, and its auction revenues grew 13 percent. Gross auction proceeds (the total proceeds from all items sold at company auctions) were $2.1 billion, 3 percent higher than the first half of 2011. Peter […]

August 2, 2012

Technology

Ritchie targets non-auction equipment sales with buy

Ritchie Bros Auctioneers has bought AssetNation, a move it says gives them a technology platform with the ability to tap used equipment segments beyond the company’s unreserved auction market. The buy will result in several as-yet-unannounced initiatives “unique to the used equipment industry,” the first of which may be announced in July. Ritchie executives indicated […]

May 9, 2012

Construction Equipment

Ritchie Bros. 1Q auctions revenues grow 14%

Ritchie Bros. Auctioneers says its auction revenues for the first quarter of 2012 grew 14% to $101.3 million compared to $88.5 million for the same period in 2011. Ritchie conducted 38 unreserved industrial auctions in nine countries throughout North America, Europe, the Middle East, Central America and Australia during the first quarter of 2012. Gross […]

May 4, 2012

Construction Equipment

IronPlanet to host auctions

IronPlanet will host an online auction of construction items in North America on the following dates: December 15, December 16, December 22, January 5, January 12 and January 19. Auctions will begin at 10:00am PST / 7:00am PST each day. Customers can place bids through IronPlanet’s PriorityBid service in advance of each auction, and IronPlanet […]

December 14, 2011

Construction Equipment

Ritchie Bros. launched new equipment financing, warranty, insurance services

New customer services designed to make the Company’s auctions easier and allow customers to bid with more confidence   Ritchie Bros. Auctioneers announced the launch of a bundle of new services. Services which include detailed equipment information, real-time auction results through www.rbauction.com, equipment financing, powertrain service warranties and property and cargo insurance, will enhance the […]

July 13, 2011

Business

Manheim offers online inventory bidding

Manheim Heavy Truck and Equipment now offers customers, including private business owners, a new channel for buying wholesale inventory online through a partnership with Proxibid. Using Proxibid’s Web services, owners and owner operators can bid online for inventory offered by six Manheim Heavy Truck and Equipment auctions nationwide. Proxibid offers Manheim Heavy Truck and Equipment customers […]

November 24, 2010