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 …
Read More »Ritchie Bros. eases cash flow for equipment owners
Heavy equipment auctioneer Ritchie Bros. supports equipment owners through the COVID-19 crisis with flexible disposition options to improve their cash flow, including advance payment options and purchasing seller assets outright. While many of us are isolating at home during the coronavirus pandemic, the world of heavy equipment auctions is still …
Read More »Doosan Infracore Europe partners with Ritchie Bros and Mascus
With Mascus and RB Asset Solutions, Ritchie Bros. helps Doosan create new web store, inventory management system, and more….. Doosan has selected RB Asset Solutions, a cloud-based SaaS solution from Ritchie Bros., and its suite of remarketing tools to support its European dealer network and strengthen its used equipment business. …
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