Business
Ritchie Bros. sells US$41+ million of equipment in its largest-ever Chehalis, WA auction
Ritchie Bros. sells US$41+ million of equipment in its largest-ever Chehalis, WA auction ...
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[{"type":"text","content":"\n \n \n \n Ritchie Bros. sells US$41+ million of equipment in its largest-ever Chehalis, WA 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n December 21\n \n online auction attracted 9,950 bidders from 58 countries to compete for 2,600+ items\n \n \n \n \n CHEHALIS, Wash.\n \n ,\n \n Dec. 23, 2021\n \n /CNW/ -\n \n Ritchie Bros\n \n . has just completed its largest-ever auction in\n \n Chehalis, WA\n \n , selling 2,600+ equipment items and trucks for 500+ owners and generating US$41+ million in gross transaction value.\n \n \n The\n \n December 21, 2021\n \n online auction attracted 9,950 bidders from 58 countries, which is a 27% increase year over year and a new record for the\n \n Chehalis\n \n site. Approximately 95% of the assets in the auction were purchased by U.S. buyers, including 33% sold to buyers from\n \n Washington State\n \n . The remaining 5% was sold to international buyers from as far away as\n \n France\n \n ,\n \n Honduras\n \n , and\n \n Vietnam\n \n . Leading up to the auction,\n \n Ritchie Bros\n \n . saw a 44% increase in online equipment views, while pageviews were up 18% year over year.\n \n \n \"We've had a fantastic year in the Pacific Northwest with strong pricing across all our marketplaces and have capped it off with our largest\n \n Chehalis\n \n auction ever,\" said\n \n Griffin Squires\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"Transportation and excavation equipment continues to bring record prices. We also saw strong returns for a fantastic forestry package we signed up early. It's a seller's market right now, so I encourage anyone with surplus equipment to contact us today.\"\n \n \n Equipment in the December online\n \n Chehalis\n \n auction was sold from four locations, including satellite yards in\n \n Spokane, WA\n \n ; and\n \n Wasilla, AK\n \n ; and an owner's property in\n \n Billings. MT.\n \n Highlights included 140+ truck tractors, 75+ excavators, 40+ loaders, 35 dozers, and more—all items were sold without minimum bids...