Coronavirus: Ritchie Bros registers record numbers and bidders

In the wake of coronavirus, Ritchie Bros has announced record bidder registrations from its restricted and online-only events.

Ann Fandozzi, Chief Executive Officer, Ritchie Bros, says: “Right now, we are limiting or eliminating onsite attendance in accordance with local restrictions and promoting online participation. This week in Columbus, OH, we held an online-only event with a live auctioneer; in France we held our auction strictly through our Timed Auction system; and in Sacramento, in accordance with local authorities, we allowed a limited number of onsite bidders, while the majority participated online. For every one of these events we saw a record number of bidders. We are also selling thousands of items every week through our online marketplaces IronPlanet, GovPlanet, and Marketplace-E.”

Columbus, Ohio – 17 – 18 March

 

A record 5,800+ people from 51 countries registered to bid on the 2,400+ items sold in Ritchie Bros.’ Columbus, Ohio auction. Leading up to the sale, web traffic was at a record high—up 45% from the same auction in 2019. Approximately 60% of the items sold in the auction were sold to buyers from Poland, Singapore, and the United Arab Emirates. Sales highlights in the two-day auction included a 2015 Caterpillar D6T XL crawler tractor that sold for US$220,000 and a 2019 Volvo VNL64T670 sleeper truck tractor that sold for US$91,000.

Jim Prince, Owner of Prince Pipeline Integrity, says: “I’ll admit, I was a little worried about the Columbus auction changing to online-only, but true to form, Ritchie Bros. exceeded my expectations and the results for my items were great. Thank you, Ritchie Bros. for caring about the safety your customers while continuing to do what you do best.”

St. Aubin sur Gaillon 17 – 18 March

 

A record 1,900+ people from 76 countries registered to bid on the 2,600+ items sold in Ritchie Bros.’ auction in St. Aubin sur Gaillon, France. Approximately 60% of the assets were sold to buyers from Australia, Vietnam, and the United States. Sales highlights included a 2016 Caterpillar 320EL hydraulic excavator for €83,000 (US$92,694) and a 2013 Manitou MRT2150 Plus 4x4x4 telescopic forklift that sold for €80,000 (US$89,344).

 

Sacramento, California – 18 March 2020

 

More than 6,400 people from 54 countries registered for Ritchie Bros.’ auction in Sacramento, CA this week—25% more bidders than the same auction last year and a record high for the site. Approximately 64% of the equipment in the auction was sold to buyers from California. Sales highlights in the auction included a 2015 Caterpillar D6N LGP dozer that sold for US$142,500 and a 2017 John Deere 160G LC hydraulic excavator that sold for US$125,000.

Ritchie Bros. has more than 60,000 items scheduled to sell its upcoming live and online events. For more information about upcoming events is available here.

Source

 

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