Global demand evident for used equipment

News Story
- 7 May 2009 ( #409 ) - Edmonton, Canada
1 min read
A forklift that was sold at the Edmonton auction.
A forklift that was sold at the Edmonton auction.
Ritchie Bros' three-day unreserved auction at its Edmonton, Alberta, permanent auction site, attracted the most bidders ever registered at any auction the company has held in the past 51 years.

More than 8,500 unique on-site and online bidders from 24 countries participated in the CAD93 million (USD79.6 million) unreserved auction of trucks, equipment and real estate on April 28-30. It was Canada's largest equipment auction.

Corporate communications manager Kim Schulz told Forkliftaction.com News that nearly 60 forklifts, worth "hundreds of thousands of dollars", were sold at Edmonton.

"We had buyers of forklifts from the United Arab Emirates, Saudi Arabia, Canada and the US [but] the majority of forklifts did stay in Canada," Schulz says.

Examples of forklifts sold included a 2003 Hyster H210HD for CAD37,000 (USD31,649), a Caterpillar R80 for CAD29,000 (USD24,806) and a JCB 506C for CAD42,500 (USD36,354).

The auction set several Ritchie Bros records, including the most equipment buyers at a Canadian auction (more than 2,000), the most equipment sold online at a Canadian auction (more than CAD20 million/USD17 million), the most registered online bidders at a Canadian auction (more than 2,250 unique bidders) and the most online buyers at a Canadian auction (more than 450 unique buyers).

Ritchie Bros says the auction is the largest the company has ever held outside Florida, US, where it typically holds large five- to-six day auctions each February.

Jake Lawson, Ritchie Bros regional manager, says: "There is a lot of optimism in the industry as there is still global demand for construction and transportation equipment. Thousands of owners and fleet managers continued to pursue quality used equipment at our auction.. People are still working and equipment is needed here and all over the world."

The bidders' 24 countries included Australia, Spain, all Canadian provinces and territories, and 45 US states.
Forklift driver breaks world record
Forklift driver breaks world record 2 May 2024 - Norwich, United Kingdom - <1 min read
Record auction for Ritchie Bros. 
Record auction for Ritchie Bros.  22 Dec 2022 - Fort Worth, TX, United States - 1 min read
KPA sets lift record
KPA sets lift record 1 Dec 2022 - Broome, WA, Australia - 1 min read
Previously about:
Ritchie Bros. urges merger support News Story - 2 Mar 2023 - Vancouver, BC, Canada - 1 min read
Ritchie Bros. auction earns $54M News Story - 1 Sep 2022 - Houston, TX, United States - 1 min read
Auction volumes fall, prices rise News Story - 20 Jan 2022 - Vancouver, BC, Canada - 1 min read
Do you have materials handling news? Submit your news here

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Toyota 02-2TD20 Tow Tractor
1991 Komatsu FD25-11 Diesel Forklift
2007 Skyjack SJ4632 Scissor Lift 

Find more machines here | Contact us with enquiries 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Toyota 02-2TD20 Tow Tractor
1991 Komatsu FD25-11 Diesel Forklift
2007 Skyjack SJ4632 Scissor Lift 

Find more machines here | Contact us with enquiries 

Inside The News
In this week’s Forkliftaction News we report on the recent IMHX event in Birmingham with coverage of new product launches, key themes and observations from those attending. We also name the winners of the 2025 Archies Awards, held in conjunction with IMHX... Continue reading

Showcased in the Virtual Expo

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Find the right machine for your business with F. Uchiyama, exporter and wholesaler of used forklifts and construction machinery. With 100 years of experience in the trade, you can leave the export procedures to us!
FOR SALE:
2019 Toyota 02-2TD20 Tow Tractor
1991 Komatsu FD25-11 Diesel Forklift
2007 Skyjack SJ4632 Scissor Lift 

Find more machines here | Contact us with enquiries 

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET