Ritchie Bros. sold more than 8,300 pieces of equipment for a collective $76 million at its latest Edmonton auction – a 29% increase compared to the same event last year.
The online auction run Sept. 7-9 saw more than 14,600 bidders from 46 countries. About 94% of the equipment went to Canadian buyers, 59% went to Albertans, and 6% went to international buyers in locales such as Columbia, India and Ireland.
More than 1,100 consignors sold equipment at the event.
“We had a lot of happy consignors, with equipment and trucks bringing strong demand and pricing through all three days of the auction,” regional sales manager Andrew Lutic said in a press release.
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