Ritchie Bros. Hosts Auction Unreserved Auction in Chicago

Roger Martinez (C) of Ritchie Bros. welcomes Don Causa (L), Causa Contracting, and Frank Pohar, Pohar Contracting, to the auction.

Fri October 21, 2016
Truck and Trailer Guide

Close to 2,400 bidders participated online and in person at Ritchie Bros.' multi-million dollar unreserved public equipment auction in Chicago, Ill., on Oct. 6.

Bidders came from 41 countries, including 48 U.S. states. Approximately 61 percent of the equipment was purchased by buyers from outside Illinois, from as far away as Greece, India and Japan. Online bidders purchased close to 54 percent of the equipment sold (by dollar value).

More than 1,600 equipment items and trucks were sold in the auction, including excavators, loaders, skid steers, cranes, truck tractors, trailers and more.

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Vocational Truck Prices Up 35 Percent in U.S. According to Ritchie Bros. Market Trends Report →

Ritchie Bros.' October Market Trends Report continues to show positive pricing trends across all its equipment indexes, with vocational truck prices up 35 percent in the United States, while truck tractors and medium earthmoving are up 46 percent and 38 percent respectively (for the three months ending Sept.