Ritchie Bros.' massive Edmonton, AB auction site is filling up quickly, with more than 10,000 items set to sell on Monday, May 11 through Friday, May 15. Because of local crowd size restrictions due to COVID-19, there will be no in-person bidding—all bidding must be done online at rbauction.com.

Team members from Genie, a Terex brand, headquartered in Redmond, Wash., have been working on a concept that will allow them to produce medical equipment for a local hospital, as personal protection equipment (PPE) remains in high demand.

If anyone thinks this labor shortage is going away, think again. According to the U.S. Bureau of Labor Statistics (June 2019), unfilled construction jobs are estimated at 300,000, with an anticipated additional need for 747,000 workers by 2026. 

Hy-Brid Lifts, the industry leader in high-quality, low-level access equipment, announces the appointment of Brad Boehler to its Board of Directors. In this role, Boehler will tap into his years of industry experience in both engineering and market development to help guide the strategic direction of Hy-Brid Lifts by Custom Equipment, LLC.

Ritchie Bros. continues to attract record numbers of bidders in 2020, with its latest auction in Fort Worth, TX registering 9,150+ bidders from 65 countries.

ABLE Equipment Rental, Inc. (ABLE) of New York, a supplier of construction equipment rentals, sales, service and parts, announced the closing of a $150 million Asset Based Loan with M&T Bank as lead arranger and administrative agent. 

As one of the premier rental equipment companies in North America, Sunbelt Rentals has an extensive equipment fleet that exceeds $10 billion across its more than 900 rental locations. Managing and disposing assets from a fleet of this size is not easy work, so Sunbelt turned to Ritchie Bros. and its RB Asset Solutions technology to help it better manage, analyze, and redeploy its assets.

Ritchie Bros. broke multiple records at its latest six-day auction in Orlando, with over 18,100 bidders buying more than 13,500 equipment items and trucks.

Ritchie Bros. conducted 15 auctions, including its largest-ever Fort Worth, TX auction, selling 5,850+ equipment items and trucks for US$77+ million on December 10 – 11, 2019. Approximately 62 percent of the assets were sold to online buyers.