Ritchie Bros.' June Market Trends Report reveals that U.S. truck tractor pricing is up 23 percent year over year (for the three months ending May 31), while medium earthmoving and vocational truck prices in the United States are up 21 percent.
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U.S. truck tractor price index up 23% year over year; medium earthmoving in the U.S. up 21%
VANCOUVER, BC, June 9, 2021 /PRNewswire/ - May was another busy month for Ritchie Bros., with multiple record-breaking events and strong pricing across almost every single asset category. In fact, according to Ritchie Bros. June Market Trends Report, U.S. truck tractor pricing is up 23% year over year (for the three months ending May 31), while medium earthmoving and vocational truck prices in the United States are up 21%. The company is seeing similar strength in the Canadian market, with medium earthmoving up 28% and vocational trucks up 23%, while truck tractor pricing is up 15%.
/PRNewswire/ - For the fifth straight year, Indian Motorcycle and Jack Daniel s have teamed up to create a limited edition Indian Roadmaster Dark Horse. This.
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Strong pricing trend continues in May 26 – 27 auction, attracting 11,600+ bidders from 59 countries
DENVER, Colo., June 1, 2021 /PRNewswire/ - Ritchie Bros. regional auctions keep rolling, with 800+ companies selling in the May Rocky Mountain event. More than 4,850 equipment items and trucks were sold in the May 26 – 27 auction for US$54+ million, matching the record-breaking US$54 million Rocky Mountain auction held in March 2021. Consignors are taking advantage of the strong market pricing Ritchie Bros. is achieving in 2021, said Matt Johnson, Director, US West, Ritchie Bros. After our massive March Rocky Mountain sale, we saw a wave of consignments. Through two Rocky Mountain events in 2021 we ve sold more than 9,000 items for US$108+ million, attracting 1.8 million online pageviews. Our hybrid onsite-online regional auctions provide access to unbelievable selection for buyers, while getting sellers more eyes on their equipment to
Slide in cryptocurrencies, other high-fliers, comes amid looming U.S. inflation worries
By David Randall
Reuters
NEW YORK (Reuters) - A selloff in cryptocurrencies, high-growth stocks and other high-flying assets may be signalling a more cautious outlook among market participants after a stretch of rampant exuberance, investors and analysts said.
Few believe the bull run that broader U.S. stock markets have experienced over the past year is set for a reversal. Still, concerns are growing that a looming rise in inflation combined with a potential peak in U.S. economic growth could force investors to cut down on risk in their portfolios, hurting many of the assets that shot higher earlier this year.