Ritchie Bros. shows continued positive price performance in April Market Trends summary report

VANCOUVER, BC, April 13, 2021 /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.

and Canadian equipment sales in March 2021, using the RB Now! functionality in the RB Market Trends tool, which provides a snapshot of Ritchie Bros.

“March was a big month, with unprecedented demand resulting in strong pricing across nearly all equipment categories,” said Doug Olive, Senior Vice President, Pricing, Ritchie Bros.

Asset Solutions , a cloud-based asset management and disposition system with a suite of tools and services to help customers better manage, analyze, and sell their assets.

regional auctions that sold approximately 15,000 equipment items from 13 different locations, and attracted 11,000 bidders each,” added Mr. Olive.

Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros.

…Read the full story