World's largest industrial auctioneer to hold biggest ever auction
First publishedon www.WorldHighways.com
US-based Ritchie Bros Auctioneers, the world's largest industrial auctioneer, is staging its biggest ever unreserved public equipment auction. More than 9,100 heavy equipment items and trucks will be sold over the six-day event in Orlando, Florida from February 13-18, 2012, and the auctioneers say new items are still being added daily.
Bids can be made on-site at the more than 200-acre auction site, online in real-time at www.rbauction.com, or by placing proxy bids in person or by phone.
"Our annual Orlando auction is not just a sale, it's an event attracting bidders from all over the world," said Steve Kriebel, regional sales manager for Ritchie Bros. "The auction attracts one of the largest, most diverse audiences of consignors and bidders from around the world. Because of this, the selection of equipment featured in the auction is plentiful and there is something available for all types of buyers everywhere."
Ritchie Bros' February 2011 Orlando auction set new site records for number of sellers and registered bidders. In total, more than 7,700 registered bidders from 77 countries participated, competing for 8,000 items which the Company sold for nearly 700 equipment owners. Bidders from outside Florida purchased US$145million of equipment, including US$79 million purchased by out-of-country bidders. Online participation records were also broken during last year's five-day event. Of the total registered bidders, a record 3,300 online bidders registered and among them, a record 616 buyers purchased more than US$35million of used and unused equipment and trucks in the auction.
A major highlight of this year's auction is the thousands of used and unused late model equipment items from manufacturers such as Caterpillar and Volvo, including: forklifts, loader backhoes, wheel loaders, articulated dump trucks, motor graders, motor scrapers, crawler tractors, crawler loaders, pavers, skid steer loaders and multi-terrain loaders. Established in 1958, Ritchie Bros has over 110 locations in more than 25 countries, including more than 40 auction sites worldwide.