Ritchie Bros. holding massive online auction

Vancouver-based Ritchie Bros. has announced it intends to put more than 35,000 trucks and pieces of heavy equipment up for auction on its website the week of June 22-26. It says the potential sale of the items located at 29 different sites represents “its biggest auction week ever.”

At auction sites in the United States, Canada, France, Germany and Australia, the company says it has some 3,800 truck tractors, 900 excavators, 600 wheel loaders, 350 dozers, and more equipment that will be marketed via the Ritchie Bros., IronPlanet and Marketplace-E platforms.

“Our ability to drive demand and attract record numbers of bidders during this time of great uncertainty is proving very valuable to many of our customers who need liquidity right now,” says Ann Fandozzi, CEO of Ritchie Bros. “As a result, buyers have access to an outstanding selection of late-model, low-hour equipment. We encourage interested bidders to get online, do their research, and get ready to add a new piece to their fleet this week.”

Continues Fandozzi, “Due to COVID-19, all our auctions continue to be online-only events. For those who have never bid online before, it’s easy. If you do need help, we have a customer service line to get you registered and walk you through the process.”