Ritchie Bros. 2016: the year in review.

Auction Results Comments

A wrap up of a record-breaking year of heavy equipment & truck sales, and more.

Ritchie Bros. unreserved heavy equipment and truck auctions.

Another busy year of buying and selling heavy equipment and trucks at Ritchie Bros. has come to a close – and 2016 was a big one in more ways than one. We conducted some of the biggest auctions in company history, achieved multiple company milestones, set new company records, and welcomed new buying and selling solutions into the Ritchie Bros. family. We'd like to thank all our customers and friends around the world for their business over the past year and for helping us make it a banner year.

A record-breaking year.

We sold approximately $4.33 billion of equipment through 356 unreserved public auctions (including 123 agricultural auctions around the world) and our online equipment marketplace, EquipmentOne.com during 2016 – a new annual record for Ritchie Bros.

2016 numbers at a glance:

  • items sold – 399,000+
  • number of sellers – 53,500+
  • registered bidders – 549,000+

Heavy equipment and trucks for sale at Ritchie Bros. unreserved auctions.

Highlights of big auctions, big excitement, and big milestones.

In 2016 we conducted some big, record-breaking auctions around the world including our largest-ever two-day auction in the U.S., at our Columbus, OH auction in September – AKA the Pipeline Construction Equipment Event of the Year! More than US$76 million of equipment was sold at this auction, including US$61 million on the auction's first day – the largest single day we've ever achieved at an auction in the U.S. Check out the video below shot just before this massive auction.

We also had our biggest year ever in Canada, selling more than CA$1.7 billion (US$1.3+ billion) of equipment and trucks in 2016. And we broke a number of company records including our first ever 5-day auction in Edmonton, AB in April, where we sold CA$240+ million (US$191+ million) of equipment and trucks, making it our largest auction ever held in Canada.

Equipment and trucks ready to sell at Ritchie Bros. Edmonton auction in April 2016.

Another Canadian highlight – our largest-ever on-the-farm auction, where we sold more than CA$24 million (US$19+ million) of equipment and real estate from a customer's farm in Bonanza, AB in March.

Ritchie Bros.' largest-ever on-the-farm auction

Around the world we celebrated several milestones, including 20 years of auctions in Dubai and Australia; 10 years of auctions in France; our 25,000th lot sold in Meppen, Germany; and Ritchie Bros. Financial Services marked its five-year anniversary.

Ritchie Bros.' auction site in Dubai

New members join the Ritchie Bros. family!

The past year has seen our family grow considerably, with new solutions added in order to give our customers even more ways to buy and sell. Here's how we increased customer choice:

Kramer auctions in Saskatchewan.

New tech to make buying and selling even easier.

The year was also marked by some great new innovations and advances in technology at Ritchie Bros., including a brand new online bidding user interface (with our preBid feature that allows you to bid while you're away from your computer) and the launch of our mobile app so you can search, register and bid at our auctions around the world on your Apple iOS and Android mobile devices!

Whether you need to buy or sell equipment and trucks, Ritchie Bros. has a solution for you! Create a free online account and receive updates about auctions near you, get access to two years of auction results, save searches, create watchlists, and so much more.

Thank you for your support over 2016 and beyond. And Happy New Year!

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