Demand Fundamentals
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Demand Technicals
Company Profile
Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders worldwide. The company, through unreserved public auctions, sells a range of used and unused industrial assets, including equipment, trucks, and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum, and marine industries. It also provides Internet bidding services, which facilitate customers access to live and online auction participation. The company primarily serves buyers and sellers of equipment, trucks, and other industrial assets- rental companies and brokers- finance companies- and truck and equipment dealers. As of December 31, 2010, it operated from approximately 110 locations, including 43 auction sites worldwide. The company was founded in 1963 and is based in Burnaby, Canada.
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