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Ritchie Used Equipment Index: unprecedented demand in March

Apr 13, 2021 The top three excavator models sold by volume in March at Ritchie auctions were the Deere 135G, Cat 349F L and Cat 336F L. March was a big month on the auction front, with unprecedented demand resulting in strong pricing across nearly all equipment categories, says Doug Olive, Ritchie Bros. senior vice president, pricing.  Looking at the results from its U.S. regional auctions and online events, Ritchie has seen demand skyrocket during the month, Olive says. The online regional events attracted more than 11,000 online bidders each, according to Ritchie s latest Used Equipment Market Trends report. With the March edition of the report, Ritchie split its earthmoving Index into medium earthmoving and large earthmoving indexes. The large earthmoving index includes excavators, wheel loaders, backhoes, articulated dump trucks, motor graders, scrapers, wheeled excavators, wheel dozers, track loaders and soil compactors.

Ritchie Bros Shows Continued Positive Price Performance : CEG

Wed April 14, 2021 - National Edition Ritchie Bros. Auctioneers Over the last year, online shopping has hit new heights, positively impacting the transportation industry, while working from home has resulted in an increase in home renovations and an exodus to the suburbs, directly impacting the construction sector. According to Ritchie Bros. Market Trends, which is now updated with new data daily, U.S. truck tractor pricing is up 20 percent year over year (for the three months ending March 31), while medium earthmoving equipment prices in the United States are up 15 percent. With the April 2021 Market Trends summary report, Ritchie Bros. focuses on U.S. and Canadian equipment sales in March 2021, using the RB Now! functionality in the RB Market Trends tool, which provides a snapshot of Ritchie Bros. transactions over the last 30 days.

Ritchie Bros shows continued positive price performance in April Market Trends summary report

Share this article Share this article U.S. truck tractor price index is up 20% year over year; medium earthmoving in the U.S. up 15% VANCOUVER, BC, April 13, 2021 /PRNewswire/ - Over the last year, online shopping has hit new heights, positively impacting the transportation industry, while working from home has resulted in an increase in home renovations and an exodus to the suburbs, directly impacting the construction sector. According to Ritchie Bros. Market Trends, which is now updated with new data daily, U.S. truck tractor pricing is up 20% year over year (for the three months ending March 31), while medium earthmoving equipment prices in the United States are up 15%.

Ritchie Bros highlights 2020 top equipment and truck categories in latest Market Trends summary report

Share this article Share this article Download the free report to learn more about 2020 Ritchie Bros. sales volumes, pricing, and more VANCOUVER, BC, March 9, 2021 /PRNewswire/ - In a year of uncertainty, with a health and economic crisis impacting most of the world, Ritchie Bros. made the shift to 100% online bidding in 2020, showcasing its investment in technology by driving record-breaking demand and strong pricing for equipment and trucks. In fact, Ritchie Bros. latest Market Trends summary report, which is now available for download at rbassetsolutions.com/market-trends-report, shows U.S. truck tractor pricing up 15% year over year, while vocational trucks, lifting and material handling, and heavy equipment are up 10%, 9%, and 5% respectively, compared to same time period last year.    

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