Ritchie: “Unprecedented” Auction Demand in March

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.   READ FULL ARTICLE>>