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Record truck and equipment pricing pushes Ritchie Bros. Orlando, FL auction over US$45 million
Record truck and equipment pricing pushes Ritchie Bros. Orlando, FL auction over US$45 mi...
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[{"type":"text","content":"\n \n \n \n Record truck and equipment pricing pushes Ritchie Bros. Orlando, FL auction over US$45 million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Two-day unreserved auction attracts 10,400+ bidders from 59 countries—up 37% year over year\n \n \n \n ORLANDO, Fla.\n \n ,\n \n Nov. 22, 2021\n \n /CNW/ -\n \n Ritchie Bros\n \n . conducted its final\n \n Orlando, FL\n \n auction of the year last week, selling more than 3,300 equipment items and trucks for 375+ consignors, generating US$45+ million in gross transaction value.\n \n \n The\n \n November 17\n \n – 18, 2021 online auction attracted 10,400+ bidders from 59 countries. Approximately 93% of the equipment was sold to U.S. buyers, including 35% sold to Floridians, while the remaining 7% was purchased by international buyers from as far away as\n \n Vietnam\n \n ,\n \n Peru\n \n , and\n \n Poland\n \n . Leading up to the auction,\n \n Ritchie Bros\n \n . saw a 50% increase in online equipment views.\n \n \n \"We continue to drive record demand—with bidder registrations up 37% year over year for this auction—resulting in very strong returns for our consignors and growth in GTV,\" said\n \n Thomas Ferguson\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"Truck prices have reached unprecedented levels in particular this year. According to our November Market Trends Report, truck tractor prices are up 45% year over year in\n \n the United States\n \n (for the 3 months ending\n \n Oct. 31, 2021\n \n ). If you have surplus trucks and equipment, contact us today to take advantage of a very hot market, selling through one of our site auctions, weekly featured events, Marketplace-E, or\n \n Ritchie List\n \n .\"\n \n \n Mr.  Ferguson continued, \"We would like to thank all the consignors and buyers who participated in our\n \n Orlando\n \n auctions in 2021. We look forward to seeing customers in person for our live onsite sale on\n \n February 21\n \n – 26, 2022. This is our premier global auction each year and the 2022 event shoul...