Ritchie continues record breaking auctions

25 March 2008

Ritchie Bros. Auctioneers broke its own record, selling in excess of $26 million of equipment and trucks at a two-day auction in Phoenix in February. The unreserved public auction, which sold more than 2,000 items, broke both in-person and online registered bidder records for an auction held by the company.

“There was a lot of excitement leading up to our Phoenix auction - our customers were really interested to see what things would sell for,” said Dan White, regional manager of the auction giant. “There was a really nice spread of trucks and equipment at our sale. Prices were strong across the board, and unused Kenworth and Peterbilt trucks were particularly strong.”

Internet participants purchased more than $5 million worth of trucks and equipment, the company said.

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