Industry News

Ritchie Bros. sets new record at Toronto auction

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Update time : 2019-12-30 11:27:08


Ritchie gearbox Bros. set a new gearbox record in Toronto this slewing bearing gearbox week, gearbox selling 3,750+ equipment items and gearbox trucks over two days  slewing bearing gearbox for CA$46+ million gearbox (US$34+ million).

The May 7 – 8, slewing bearing 2019 auction attracted gearbox slewing bearing slewing bearing 5,800+ people from 53 countries, gearbox including slewing drive 4,100+ online bidders. Approximately gearbox 88 per cent gearbox of the equipment in slewing bearing the auction was gearbox sold to Canadian buyers, with buyers from slewing drive Ontario purchasing 71 gearbox per cent, while international buyers from slewing bearing countries such as slewing bearing gearbox Pakistan, gearbox Singapore, and the slewing bearing United Kingdom purchased gearbox 12 per slewing bearing cent of the equipment. Online bidders purchased gearbox approximately 55 per slewing bearing cent of the equipment.

“This motor-reducer was gearbox motor-reducer the highest motor-reducer gearbox slewing drive GTV motor-reducer gearbox (gross transactional value) we’motor-reducer ve ever gearbox slewing bearing achieved in motor-reducer motor-reducer slewing bearing Eastern motor-reducer Canada,” Anna gearbox Sgro, motor-reducer SVP gearbox,motor-reducer  Canada East sales, Ritchie Bros., said gearbox. “It was motor-reducer also the most motor-reducer equipment we’ve gearbox ever motor-reducer sold in Toronto, gearbox consisting motor-reducer slewing bearing of large packages of gear from motor-reducer  several of our longtime, loyal motor-reducer customers; as well as a great lineup of transportation, slewing bearing construction, motor-reducer and utility motor-reducer consignments from gearbox new customers. On gearbox top of this motor-reducer slewing bearing week gearbox’s motor-reducer live gearbox onsite event, we also recently motor-reducer sold a 2008 Grove GMK7450 gearbox 550-ton motor-reducer all-terrain crane located in motor-reducer gearbox Toronto through our online gearbox Marketplace-E sales channel for gearbox motor-reducer slewing bearing $1.2 million.”

More motor-reducer than gearbox 800 motor-reducer owners motor-reducer gearboxsold slewing bearing equipment in motor-reducer the slewing drive Toronto auction, including the motor-reducer Newmarket,gearbox Ont.-based tunnel contractor Technicore motor-reducer Underground gearbox Inc.
 

“Ritchie Bros. slewing bearing are always slewing drive  great to work with,” Tony DiMillo, president of slewing bearing  Technicore slewing drive Underground, slewing drive said. “Their customer service is excellent, slewing drive they offer a slewing drive  variety of contract slewing drive options slewing bearing, and have an slewing bearing expansive market reach. We slewing drive sold just over 25 slewing drive slewing bearing surplus items slewing bearing this week and were slewing drive pleased slewing bearing with slewing bearing the results. We look forward to working with slewing bearing them again in slewing slewing bearing drive the future.”

Toronto sales highlights included:

• A 2012 slewing drive Caterpillar D8T slewing drive dozer sold for CA$ slewing drive 355,000
• A 2013 Peterbilt 367 slewing drive T/A w/ National NBT slewing drive 30H 30-ton boom truck sold for CA$270,000
• A 2002  slewing drive Caterpillar 627G motor scraper sold for CA$260,000
• A 2012 slewing drive Western Star 4900 tri-drive hydro vacuum truck sold for slewing bearing CA$200,000
• A 2017 slewing drive Western Star 4900SB Tri/A dump truck sold for CA$ slewing bearing180,000
• A 2019 Peterbilt 389 slewing drive T/A sleeper heavy haul truck sold for slewing bearing CA$157,500

AUCTION QUICK FACTS: TORONTO, ON (May 2019)

• Total gross transactional value slewing drive – CA$46+ million (US$34+ million)
• Amount sold to online bidders slewing drive –slewing bearing  CA$25+ million (US$18+ million)
• Total registered bidders slewing drive (in person and slewing bearing online) – 5,800+ 
• Registered online bidders slewing drive – 4,100+
• Total lots sold – slewing drive 3,750+
• Number of sellers – slewing drive 800+

Ritchie Bros. currently has slewing bearing more than slewing drive 40,000 equipment items, slewing bearing trucks, and slewing drive slewing bearing other assets listed for  slewing drive sale across all its slewing bearing auctions and marketplaces, including slewing bearing live events in Montreal, QC on slewing bearing May 22 – 23; slewing bearing Truro, NS on June 11; and Corner Brook, slewing drive NL on slewing drive June slewing bearing 27.

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