Thu May 25, 2017
Following Shut down, Graebel Van Lines Selling 850+ Trucks and Trailers with Ritchie Bros.
Graebel Van Lines, one of the nation's largest privately-owned moving companies, has shut down operations and is selling more than 850 of its trucks and trailers at Ritchie Bros. unreserved public auctions across the United States in 2017....
Wed May 17, 2017
Ritchie Bros. Acquires Online Heavy Equipment Auction Powerhouse
Ritchie Bros. , the world's largest heavy equipment auctioneer and provider of end-to-end services (NYSE & TSX: RBA), today announced the receipt of unconditional antitrust clearance from the U.S....
Fri May 05, 2017
Ritchie Bros. Reports First Quarter 2017 Results
HighlightsQ1 2017 revenues decreased 6% to $124.5 million compared to Q1 2016, primarily due to lower auction volumes in Western Canada and fewer large dispersalsRecord first quarter Revenue Rate 1 of 13.8 % achieved during Q1 2017$2.3 million of current income tax expense recognized in Q1 2017 related to an increase in uncertain tax positionsQ1 2017 net income attributable to stockholders decreased 65% compared to Q1 2016; adjusted net income attributable to stockholders2 (non-GAAP measure) decreased 57% compared to Q1 2016....
Wed May 03, 2017
Ritchie Bros. Auctioneers Reports on Voting Results from the 2017 Annual and Special Meeting of Shareholders
The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company", NYSE and TSX: RBA), was held on May 1, 2017 in Toronto, Ontario. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March 20, 2017, which can be found on the Company's website here....
Tue May 02, 2017
Ritchie Bros. Hosts Successful Two-Day Sale in Houston
More than 4,400 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Houston, on April 19 to 20, 2017. With bidders from 61 countries, approximately 54 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as France, Australia and Japan....
Mon April 17, 2017
Ritchie Bros. Holds Multi-Million Dollar Sale in Albuquerque
More than 1,650 bidders participated online and in person at Ritchie Bros.' multi-million-dollar unreserved public equipment auction in Albuquerque, N.M., on March 29, 2017. With bidders from 37 countries, approximately 69 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as China and Thailand....
Wed April 12, 2017
Ritchie Bros. Heads South for Big Sale in Atlanta, Ga.
More than 2,500 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Atlanta, Ga., on March 22. With bidders from 46 countries, approximately 63 percent of the equipment in the auction was sold to out-of-state buyers, from as far away as Korea, Vietnam and the United Arab Emirates....
Mon April 10, 2017
Ritchie Bros. to Provide Services to Shell Global
Ritchie Bros. has signed an enterprise framework agreement with Shell for redeployment or sale of industrial assets and equipment. Ritchie Bros. will be leveraging its integrated suite of asset management tools to implement a cloud-based solution for Shell — allowing for easy redeployment of assets within the Shell organization or sale of surplus assets to third parties....
Mon April 03, 2017
Ritchie Bros. Has Texas-Sized Results at Fort Worth Sale
As the dust settled after two action-packed days at Ritchie Bros.' Fort Worth auction site (March 15 to 16), the sales figures and turnout revealed the company's largest-ever Texas auction. More than 5,675 people registered to bid in person and online, purchasing more than 6,250 equipment items and trucks for more than $75 million....
Tue February 21, 2017
Ritchie Bros. Reports Fourth Quarter and 2016 Annual Results
Fourth Quarter and 2016 BreakdownRecord annual revenues of $566.4 million, supported by growing fee-based revenue streamsRecord annual Revenue Rate1 of 13.07% achieved in 2016Record quarterly Revenue Rate of 14.11% achieved in the fourth quarter$4.6 million of acquisition-related costs booked during the quarter, primarily related to the pending acquisition of IronPlanet Holdings, Inc....
