Used equipment and truck prices reached unprecedented levels in 2021. With its January Market Trends Report, Ritchie Bros. looks closely at earthmoving and aerial equipment sales last year, with in-depth charts outlining volumes, median pricing, and more by asset category.

Last week Ritchie Bros. conducted its first-ever online-only auction in Mexico, at its site in Polotitlán. Traditionally the site sees 80+ percent of its bidders participating in person, so this was a big challenge for the company—and it succeeded. 

Ritchie Bros. conducted its largest ever Fort Worth, TX auction this week, selling close to 5,300 equipment items and trucks for $81+ million.

Ritchie Bros.' massive Edmonton, AB auction site is filling up quickly, with more than 10,000 items set to sell on Monday, May 11 through Friday, May 15. Because of local crowd size restrictions due to COVID-19, there will be no in-person bidding—all bidding must be done online at rbauction.com.

Thanks to its industry-leading online bidding system and mobile application, Ritchie Bros. will continue to conduct regular onsite auctions, with minor, temporary changes to the process and procedure of those events.

Ritchie Bros. continues to attract record numbers of bidders in 2020, with its latest auction in Fort Worth, TX registering 9,150+ bidders from 65 countries.