Tag: equipment auctions: Page 5

Construction Equipment

Behind the scenes: Ritchie Bros. auctions $176 million in equipment in Orlando

When the last gavel fell at Ritchie Bros.’ annual big auction last week the company had sold more than 9,400 items, mostly construction equipment and trucks, totalling $176 million. This year the company invited us to observe how the big auction works. If nothing else, the sheer spectacle, size and scale of the event, and […]

February 27, 2013

Business

Ritchie Bros. sees increased auction earnings, big boosts online in 2012

Ritchie Bros. Auctioneers announced today that it brought in net earnings of $82.6 million in 2012, a 12 percent increase from adjusted earnings in 2011. The company notes that without its purchase of AssetNation, which it used to build its new EquipmentOne equipment sales website, net earnings would have been an improvement of 17 percent. […]

February 26, 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

Ritchie Bros. launches EquipmentOne, the eBay of construction equipment

Ritchie Bros. has launched EquipmentOne, an online equipment marketplace where buyers can negotiate and settle transactions. Think of it as an eBay for construction equipment. Sellers can set their asking price or a “Buy It Now” price, while buyers can make offers and view other offers made. Photos and videos of the equipment along with […]

January 22, 2013

Roadbuilding

Mike Anderson’s American Iron: Auction action lives on

By Mike Anderson The bumpy ride in a big ol’ yellow bus couldn’t have provided a more fitting mode of arrival the first time I ventured to a Ritchie Bros. auction. It was, in so many ways, the first day at a new school. And, man, was everyone there! I don’t think there was an […]

June 1, 2010