May auction attracts almost 8,000 online bidders
By Don Horne
Ritchie Bros. Auctioneers held their largest-ever auction in Ontario last month, selling over $71 million of equipment and trucks in Toronto and attracting more than 7,950 online bidders.
“We bulldozed past our previous Toronto sales record, set last May, with gross transaction value up approximately 35 per cent year over year,” said Ryan Pottruff, Regional Sales Manager, Ritchie Bros.
More than 730 companies sold equipment in the three-day auction, including Bolton, Ont.-based consignor James Dick Construction.
“We got more money for our trucks than we anticipated,” said Toronto consignor James Dick of James Dick Construction. “We’ve been in the snow plow business for a lot of years, but we want to focus more on our aggregate and hauling business going forward.”
The next Toronto auction is July 12 to 14.