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Ritchie Bros. Auctioneers reports truck tractors and skid steers showed significant price declines during the first quarter of this year.
Equipment, Machinery, Trucks and UTVs

Used prices slip for some machines

RB shows declines in truck tractor, skid steer prices

By
For anyone in the market for a used skid steer or truck tractor, now might be a good time to head to an auction sale. As the spring auction season ramps up, Ritchie Bros. Auctioneers (RB) just released its “Market Trends Report for Used Equipment and Trucks” for the first quarter of 2024 — and […] Read more
(RBAuction.com)
General, Machinery, Markets, Reuters

Ritchie Bros. raises cash payout in bid for IAA

Activist investor Starboard Value buys into Ritchie

By ,
Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer at $44.40 per share, will […] Read more
(RBAuction.com)
Crops, Machinery

Ritchie Bros. buys Mascus online equipment sites

By ,
The Canadian operators of the world’s biggest equipment auctioneer have bought worldwide online equipment listing service Mascus. Burnaby, B.C.-based Ritchie Bros. announced Friday it has bought 100 per cent of the equity in Amsterdam-based Mascus for 24 million euros (C$36.8 million), plus up to 3.4 million euros (C$5.2 million) more, pending certain performance targets being […] Read more
blue tractor
Machinery

Grainews surveys used equipment auction prices

What's it worth? We look at two New Holland four-wheel drive tractors: the T9040 and T9060

By
Welcome to another instalment of our regular feature that looks at auction sale prices for farm equipment. For each of these articles we pick a couple of popular machines and check the selling prices published online by the large auction firm Ritchie Bros., which holds sales all across the prairie. This time we look at […] Read more
Case IH tractor
Machinery

Grainews surveys used tractor selling prices

What's it worth? This time we take a look at a couple of Case IH four-wheel drives, one from the '80s and another from the '90s

By
In this instalment of our ongoing survey of used equipment auction prices we look at a pair of Case IH four-wheel drive tractors, each from a different decade: the 9370 from the 1990s and the smaller 4494 from the 1980s. Once again, we used Ritchie Bros. posted online auction results as our information source. Those […] Read more

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