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Ritchie Bros. Auctioneers Inc NYSE: RBA-N

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Latest Press Releases

Media Advisory - Ritchie Bros. To Host First Quarter 2021 Results Earnings Conference Call on May 11, 2021
- PR Newswire - PRF - Thu Apr 15, 4:00PM CDT
PR Newswire - PRF - CMTX
Thu Apr 15, 4:00PM CDT
, /PRNewswire/ - . (NYSE: RBA) (TSX: RBA) the world's largest industrial auctioneer and a leading equipment distributor, invites interested parties to participate in its first quarter 2021 earnings conference call, occurring on at / / . During the call, company executives will discuss .' earning results and answer questions from analysts and institutional investors. The Company's first quarter 2021 earnings results will be released after NYSE and TSX markets close the day prior, on .
Travelers Capital Selects Ritchie Bros. as its Preferred Disposition Agent and Valuation Partner
- PR Newswire - PRF - Wed Apr 14, 6:00AM CDT
PR Newswire - PRF - CMTX
Wed Apr 14, 6:00AM CDT
, /PRNewswire/ - Travelers Capital, a transitional capital financing initiative from Travelers Financial Group designed to support small and mid-market businesses that operate in asset-intensive industries, announced today its alliance with Ritchie Bros., a leading global provider of asset management, valuation, and disposition solutions.
Ritchie Bros. shows continued positive price performance in April Market Trends summary report
- PR Newswire - PRF - Tue Apr 13, 4:04PM CDT
PR Newswire - PRF - CMTX
Tue Apr 13, 4:04PM CDT
U.S. truck tractor price index is up 20% year over year; medium earthmoving in the U.S. up 15% , /PRNewswire/ - Over the last year, online shopping has hit new heights, positively impacting the transportation industry, while working from home has resulted in an increase in home renovations and an exodus to the suburbs, directly impacting the construction sector. According to . Market Trends, which is now updated with new data daily, U.S. truck tractor pricing is up 20% year over year (for the three months ending ), while medium earthmoving equipment prices in are up 15%.With the Market Trends summary report, . focuses on U.S. and Canadian equipment sales in , using the RB Now! functionality in the RB Market Trends tool, which provides a snapshot of . transactions over the last 30 days. The company has also included new, updated price indexes in this edition, making them simpler and clearer. The earthmoving index has been split into medium and large, and a more narrowly defined aerial index has replaced lifting and material handling.
Ritchie Bros. announces Rouse Appraisal Services
- PR Newswire - PRF - Tue Apr 13, 12:30PM CDT
PR Newswire - PRF - CMTX
Tue Apr 13, 12:30PM CDT
Bringing together 100+ years of combined experience, the Rouse Appraisals team delivers hundreds of appraisals annually across various geographies and products , /PRNewswire/ - For decades, both . and Rouse Services have been serving the equipment and truck industries with their respective appraisal businesses. With .' acquisition of Rouse last year, the company has now combined these two appraisal businesses into one team with unrivalled hands-on equipment experience, knowledge, and data. "Our appraisers are armed with the richest dataset anywhere in the industry," said , Managing Director, Rouse Appraisals. "We can also directly connect customers to .' disposition solutions, should they choose to go that route post appraisal."
Ritchie Bros. Inspection Services completes 600,000+ equipment and truck inspections in 2020
- CNW Group - Wed Apr 7, 6:00AM CDT
CNW Group - CMTX
Wed Apr 7, 6:00AM CDT
Ritchie Bros. Inspection Services completes 600,000+ equipment and truck inspections in 2020
Ritchie Bros. hits US$52+ million with latest regional auction success in U.S. Midwest
- PR Newswire - PRF - Fri Apr 2, 6:00AM CDT
PR Newswire - PRF - CMTX
Fri Apr 2, 6:00AM CDT
5,000+ items sold from six locations attracted 11,100+ online bidders from 70+ countries , /PRNewswire/ - .' regional auction success continued this week with a US$52+ million U.S. Midwest event on – 31, 2021. More than 5,000 equipment items were stored, inspected, and sold from six . locations in five states—including ; ; ; , MO; ; and Williston, ND—to online buyers across the U.S. and around the world.   More than 11,100 online bidders from 70+ countries registered to bid in the U.S. Midwest auction, with U.S. buyers purchasing approximately 90 percent of the equipment, by dollar value. The remaining 10 percent was purchased by online buyers from as far away as , , , and .
Ritchie Bros. keeps rolling with US$55+ million regional auction in Northeast U.S.
- PR Newswire - PRF - Fri Mar 26, 6:00AM CDT
PR Newswire - PRF - CMTX
Fri Mar 26, 6:00AM CDT
5,700+ items sold from three states attracted 11,000+ online bidders from 80+ countries , /PRNewswire/ - Since moving its auctions to 100% online bidding, . has taken advantage of the digital world by bringing smaller auctions together to create bigger online events. With the company's Northeast Regional Event this week, . sold more than 5,700 equipment items and trucks stored at sites in , , and for US$55+ million. The two-day auction attracted 933,000+ website pageviews and a 24% increase in watchlists per item.  "Our 2021 online events continue to deliver amazing returns for sellers, with another incredible sales result in the Northeast," said , Regional Sales Manager, . "By combining equipment from our sites in ; ; and into one Regional Event we are able to attract a much larger buying audience and achieve strong price performance for consignors. We are driving record demand and encourage interested sellers to contact us and take advantage."
Ritchie Bros. sells US$95+ million of equipment in its largest Texas auction ever
- PR Newswire - PRF - Mon Mar 22, 6:00AM CDT
PR Newswire - PRF - CMTX
Mon Mar 22, 6:00AM CDT
Online Fort Worth auction attracted 76% more bidders and 78% more watchlists year over year , /PRNewswire/ - Last week, . conducted its largest auction ever, attracting 76 percent more bidders year over year and achieving in gross transaction value—surpassing its previous sales record, set , by 17 percent.The – 18, 2021 Fort Worth auction attracted a record 16,000+ bidders from 79 countries. Approximately 83 percent of the equipment in the auction was sold to U.S. buyers, including 34 percent sold to buyers, while international buyers from as far way as , , and purchased the remaining 17 percent.
Ritchie Bros. sells CA$49+ million of equipment and trucks in largest-ever Ontario auction
- PR Newswire - PRF - Mon Mar 15, 6:00AM CDT
PR Newswire - PRF - CMTX
Mon Mar 15, 6:00AM CDT
– 11 online event in attracts 35% more bidders and 66% more item watchlists , /PRNewswire/ - Week after week, . continues to deliver outstanding results to its consignors, with unprecedented demand and strong pricing in 2021. Last week the company sold more than 4,300 equipment items and trucks in its largest-ever auction. The – 11 online event attracted 35% more bidders year over year and achieved CA$49+ million (US$39+ million) in gross transaction value.Despite tight market supply, . sold a record amount of equipment in last week, including 320+ truck tractors, 210+ aerial work platforms, 120 compactors, 95+ skid steers, 55+ excavators, and more. Specific sales highlights included a 2018 John Deere 380G excavator that sold for CA$315,000; a 2017 Mack GU813 granite dump truck that sold for CA$175,000; and a 2019 Kenworth T800 T/A sleeper heavy haul truck that sold for CA$143,500. All items in were sold unreserved and all bidding was conducted 100% online. 
Ritchie Bros. extends support of U.S. Department of Defense with new surplus term sale contracts
- PR Newswire - PRF - Thu Mar 11, 4:00PM CST
PR Newswire - PRF - CMTX
Thu Mar 11, 4:00PM CST
Both East and West U.S. Defense Logistics Agencies surplus term sale contracts included , /PRNewswire/ - Ritchie Bros.' GovPlanet marketplace has been helping the U.S. Department of Defense's (DoD) Defense Logistics Agency (DLA) sell thousands of its surplus rolling stock assets for the past seven years. Three years ago, . extended its relationship with the government agency, after being awarded contracts to purchase, manage, and sell stock surplus assets for the DLA's East and West regions. Last week, . was declared the apparent high bidder for two new East and West contracts, covering the consolidated surplus rolling stock and surplus non-rolling stock assets for the DoD. Each of these contracts has a base term of two years with three one-year renewal options. Rolling stock assets include surplus trucks, trailers, generators, wheel loaders, cranes, crawler tractors, and other equipment. Non-rolling stock assets include non-wheeled items such as industrial machinery, electrical equipment, textiles, spare parts, and other miscellaneous surplus assets.

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