Ritchie Bros. Dominates Auction Space

Richmond, BC based Ritchie Bros. Auctioneers set a new record for its Edmonton site for online bidding and buying at a 2-day public auction last week. The industrial auction house sold over 3,000 lots, generating gross auction proceeds of US $57 million. The auction attracted over 3,800 registered bidders from 20 countries including a record 1,000 people who registered to bid online, live and in real time, using the Ritchie Bros. Internet bidding service. Don’t worry, you didn’t miss out on any Christmas shopping deals unless you’re in the market for late-model earthmoving and oilfield transportation equipment or recreational, industrial and commercial properties in Alberta and Saskatchewan.