As many industries continue their journeys back from a challenging 2020, global demand for used equipment continues to increase. Many businesses remain wary of making big investments in new machinery, while supply chain issues have hit delivery levels for new equipment. All told, it makes the market for used heavy …
Read More »Record-breaking plant equipment auctions show the strength of Pre-Brexit construction sector
One part of the economy for which doom and gloom predictions have not materialised is the used construction plant sector, as Ritchie Bros. has witnessed with its recent auctions in September. The world’s largest heavy equipment auctioneer switched to online-only auctions in the pandemic and has seen record-breaking auctions all …
Read More »Why cybersecurity is important for the construction equipment business
As construction companies digitize more of their operations and take advantage of the many benefits this brings, cybersecurity becomes an increasingly effective support. Guy Dulberger, Vice President of Information Security at Ritchie Bros., explains why the topic is so important and outlines some of the steps businesses can take to …
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