RB Global, Inc. announced on February 26, 2025, that Ritchie Bros. Auctioneers sold over 16,000 equipment items, trucks, and vehicles at its February 17-21 premier global auction event in Orlando, Florida. The event generated more than US$250 million in gross transaction value (GTV).
The auction attracted over 19,000 bidders from more than 75 countries, with approximately 88% of the equipment selling to U.S. buyers. This broad participation highlights the global reach and effectiveness of Ritchie Bros.' marketplace.
Jeff Jeter, Chief Revenue Officer at RB Global, thanked customers for contributing to the success of the event, emphasizing the largest selection of equipment available for sale at one time. The strong engagement from customers onsite also extended to value-added services like VeriTread and Ritchie Bros. Financial Services.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.