Ritchie Bros. returns to Rocky Mountain region with US$50+ million auction

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[{"type":"text","content":"\n \n \n \n Ritchie Bros. returns to Rocky Mountain region with US$50+ million auction\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 3,800+ items sold from seven locations on\n \n Dec. 1\n \n – 2, attracting 11,000+ bidders from 56 countries\n \n \n \n DENVER\n \n ,\n \n Dec. 6, 2021\n \n /CNW/ -\n \n Ritchie Bros\n \n . returned to the Rocky Mountain region last week to sell 3,800+ equipment items and trucks from seven different locations in one online event. The two-day auction attracted 11,000+ bidders and generated more than\n \n US$50 million\n \n in gross transaction value.\n \n \n Approximately 96% of the equipment in the\n \n December 1\n \n – 2 auction was sold to U.S. buyers, including 15% sold to\n \n Colorado\n \n , 10% to\n \n Texas\n \n , and 8% to\n \n Utah\n \n . The remaining 4% was purchased by international buyers from as far away as\n \n Malaysia\n \n ,\n \n Colombia\n \n , and\n \n Ecuador\n \n . Leading up to the auction online equipment views and PriorityBids per lot were both up 19% year over year.\n \n \n \"Our Regional Auctions continue to attract quality equipment from an expansive region, drawing record attendance, driving strong equipment and truck prices, and exceeding customer expectations,\" said\n \n Chad Apland\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"We would like to thank all the customers who participated in our Rocky Mountain events this year—thank you for your continued trust. If you have surplus equipment to sell, contact us today!\"\n \n \n More than 550 equipment owners consigned equipment to the Rocky Mountain Regional Event, including a complete dispersal of 500+ items for Frontier Services Inc., a midstream pipeline company based in\n \n Billings, MT.\n \n \n \n \"The auction turned out great thanks to\n \n Ritchie Bros\n \n .' ability to reach such a wide range of buyers with their marketing,\" said\n \n Reid Lawson\n \n , Vice President of Frontier Services Inc. \"They are such a professional organization, with an amazing team. Now that we've s...

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