Ritchie Bros Orlando sets records across the board in February
The final result: US$278 Million in gross auction sales, all unreserved – Ritchie Bros Auctioneers did it again and set market values across 12,500 lots of construction equipment over six days.
As expected late-model, low-hour gear was in high demand for domestic end-user’s as the US Economy remains strong – sellers have the advantage in the marketplace on all platforms as supply is squeezed.
Latin American, Caribbean and other International players showed a resurgence of this buyer-base, swarming the Tier III gear, rarely being outbid during the week.
Ritchie Bros has some tweaks to make – it comes with the territory – but considering the impact last year’s acquisition of Iron Planet had on sale volume they pulled it off well, congratulations on a great event!
Mister Maquinaria is ready to assist international buyers in locating and purchasing the machinery from reliable sources in the USA – contact us and let’s talk machinery and exporting!