Ritchie Bros. Sale Tops $57 Million

By Staff Writer March 29, 2021

The Ritchie Bros. Northeast Regional Event sold more than 5,700 heavy equipment items and trucks stored at sites in Maryland, Ohio, and Pennsylvania for more than $55 million. The two-day auction attracted 933,000 website pageviews and a 24 percent 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 Ryan Funck, regional sales manager, Ritchie Bros. "By combining equipment from our sites in North East, Md., Columbus, Ohio, and Pittsburgh, Pa., 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."

More than 11,000 people from more than 80 countries registered to bid in the March 23-24 Northeast Regional Auction. Approximately 91 percent of the equipment in the auction was sold to U.S. buyers, including buyers from Maryland, Ohio, Pennsylvania purchasing a combined 35 percent, while international buyers from as far away Australia, Belgium, and Nigeria purchased the remaining nine percent.

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Last modified on Monday, 29 March 2021 12:23