Hey RITCHIE......
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23:15 05.05.14
PR Newswire
VANCOUVER, May 5, 2014
VANCOUVER, May 5, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA), the world's largest industrial auctioneer, has published its April 2014 auction metrics on the company's website. This information can be accessed at the following link:
http://www.rbauction.com/investors/historical-auction-metrics
Monthly auction metrics should not be considered indicative of quarterly, annual or future performance. Auction metrics and corporate performance vary considerably month-to-month, due to the number of auctions held each month and seasonal factors. Ritchie Bros.' actual results could differ materially from those implied by this monthly auction disclosure. Investors are encouraged to review Ritchie Bros.' performance on a 12-month rolling or annual basis before making investing decisions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
07:00 16.05.14
PR Newswire
FORT WORTH, TX, May 16, 2014
More than 3,050 heavy equipment items and trucks were sold to the highest bidders, including a large selection of low hour, late-model equipment items
FORT WORTH, TX, May 16, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold more than US$47 million of equipment items and trucks at a two-day unreserved public auction held at its permanent auction site in Fort Worth, Texas on May 14 & 15, 2014. The auction set a new record for online sales in the state of Texas, with online buyers purchasing close to US$23 million of equipment items or 49 percent of total gross auction proceeds. Equipment highlights included 12 2013 John Deere 210G LC hydraulic excavators, including two that sold for US$160,000 each to a local buyer from Texas; six 2011 Caterpillar 320DL hydraulic excavators, including two that sold for US$145,000 each to a buyer from Michigan; more than 200 transport trucks and much more. In total, more than 3,050 equipment items and trucks were sold in the unreserved auction for more than 445 sellers. Every item in the two-day, unreserved public auction was sold to the highest bidder, without minimum bids or reserve prices.
"This auction offered the largest amount of high-quality, low hour, late-model equipment that I have seen during my time with Ritchie Bros. at our site," said Adam Kawulok, Regional Sales Manager, Ritchie Bros. Auctioneers. "We had strong results in all sectors, particularly with our heavy construction and transportation selection. Across the board, our customers recognized the value of the Ritchie Bros. auction experience. Buyers took the time to visit the site, inspect the equipment, put a value on it and set competitive prices in the purchase of their new assets during the auction. They were able to obtain good quality, late-model equipment and professionally-maintained transport trucks at the fair market price."
More than 3,600 people from 58 countries, including 49 U.S. states, and all 10 Canadian provinces, registered to bid in person or online at the auction. More than US$21 million of equipment was purchased by buyers from the state of Texas while more than US$25 million (or 54%) was sold to buyers located outside the state. Buyers participated from as far away as the United Arab Emirates, the Netherlands and Vietnam.
Among the sellers in the auction was the Texas Facilities Commission. The Commission sold more than 440 heavy construction and transportation equipment from their surplus inventory in this week's auction.
"This is the third Ritchie Bros. auction that the Texas Facilities Commission has sold equipment in and results continue to be strong on the sale of our assets," said Marios Parpounas, Director of State and Federal Surplus Property, Texas Facility Commission. "We sold a large quantity of equipment - everything from pick-ups to dozers - and it still amazes me how much more equipment there was at the auction. It's no surprise their auctions attract such large groups of bidders, given the sheer magnitude of inventory available. Ritchie Bros. is the only heavy equipment auction company that I know with the capacity to handle anything from a large fleet like ours to a single truck or dozer."
AUCTION QUICK FACTS: FORT WORTH, TX - MAY 14 & 15, 2014
Gross Auction Proceeds - US$47+ million
Amount sold to online bidders - close to US$23 million (* new state of Texas record)
Unique bidders (total) - 3,600+
Unique online bidders - 2,300+
Lots sold - 3,050+
Number of sellers - 445+
The Ritchie Bros. auction calendar currently features more than 95 unreserved public auctions around the world, including the next Fort Worth auction taking place on July 23 & 24, 2014. Visit www.rbauction.com for a complete list of upcoming auctions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media.
Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
13:05 23.05.14
PR Newswire
MONTREAL, May 23, 2014
Massive two-day Montreal auction sets multiple site records, including online sales, as well as number of buyers and items sold
MONTREAL, May 23, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold more than CA$40 million (US$36+ million) of equipment and trucks at its unreserved public auction in Montreal, QC this week (May 21 - 22, 2014). The auction set multiple Montreal site records, including online sales (CA$18+ million or US$16+ million), total number of buyers (1,450+), number of online buyers (650+), and number of items sold (3,700+). Bids were made in the auction in person at the auction site, live online at www.rbauction.com and by proxy.
"This record-breaking auction is all thanks to our dedicated sellers and buyers who believe strongly in the unreserved auction process," said Jessy Cantin, Regional Sales Manager, Ritchie Bros. Auctioneers. "We set a record for online salesat our last Montreal auction in March and then topped it again in this sale. With a record-breaking selection of equipment there were a number of highlights, including strong pricing on the 250+ motor homes and travel trailers, as well as a 2009 Temisko LB-T6W-98 100-ton six-axle lowboy that sold for $350,000 and a 2009 Peterbilt 367 sleeper truck tractor for $160,000."
More than 5,250 bidders from 50 countries, including all 10 Canadian provinces and one territory, as well as 44 US states, registered to bid in person or online for the auction. More than CA$23 million (US$21+ million) was purchased by Quebec buyers while participants from outside the province purchased close to CA$17 million (US$15+ million) for 42 percent of total gross auction proceeds. More than 2,200 of the bidders participated online and purchased more than CA$18+ million (US$16+ million) of equipment online.
Equipment in the auction was sold for 630+ sellers, including a large selection of heavy construction equipment for Montreal, QC-based Vaillant Enterprise.
"It was a huge auction and we were very happy with the results on the sale of our equipment—of course, you always want more, but everything sold for fair market value—right where we expected," said Gilles Gauthier, owner and president of Vaillant Enterprise. "I watched the auction from my office and bought a couple of pieces of crushing equipment in the sale online for our quarry operation in Mont-Tremblant. It's great that we are able to visit the site with a mechanic earlier in the week to see all the equipment, as they usually have something we need, and then I'm able to bid from the comfort of my office while still managing my day-to-day business."
The record-setting selection of equipment and trucks in the auction included 250+ motor homes and travel trailers, 145+ excavators, 125+ truck tractors, 85+ compactors, 70+ loaders, 60+ dump trucks, 30+ crawler tractors, 25+ motor graders, 25+ agricultural tractors and more. Every single item in the auction was sold without minimum bids or reserve prices.
AUCTION QUICK FACTS: MONTREAL, QC - MAY 21 - 22, 2014
Total Gross Auction Proceeds - CA$40+ million (US$36+ million)
Amount sold to online bidders - CA$18+ million (US$16+ million) *New site record
Total registered bidders (onsite and online total) - 5,250+
Unique registered online bidders - 2,250+
Total number of buyers - 1,450+ *New site record
Total number of online buyers - 650+ *New site record
Number of lots sold - 3,700+ *New site record
Number of sellers - 630+
The Ritchie Bros. auction calendar currently features more than 90 unreserved public auctions around the world, including the Company's next unreserved public auction in Montreal, QC, which is scheduled for July 10, 2014. Visit www.rbauction.com for a complete list of upcoming auctions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
13:05 03.06.14
PR Newswire
VANCOUVER, BC and PITTSBURGH, PA, June 3, 2014
Integration to the EquipmentOne marketplace enables customers to sell surplus assets directly from AssetWorks' Surplus Management Software
VANCOUVER, BC and PITTSBURGH, PA, June 3, 2014 /PRNewswire/ - Ritchie Bros. (NYSE and TSX: RBA), the world's largest seller of used industrial equipment, and AssetWorks, a leading provider of Enterprise Asset Management software solutions, today announced the availability of a prepackaged integration between the Ritchie Bros. EquipmentOne marketplace (www.EquipmentOne.com and AssetWorks www.AssetWorks.com) Surplus Management Software (SMS). Designed to allow AssetWorks' customers the ability to seamlessly post assets to EquipmentOne, the integration can dramatically reduce the time and effort required to identify, list and sell surplus equipment.
"Our integration with AssetWorks' software is a great example of how much our customers are shaping our business," said Chris Connell, President of Ritchie Bros. EquipmentOne. "Our customers asked for an easy way to list their surplus assets in our marketplace directly from AssetWorks' software. We listened and delivered."
AssetWorks' SMS users can identify assets for sale and post those assets along with all the required equipment specifications, condition descriptions and photographs directly from SMS to the EquipmentOne marketplace. They receive daily pricing feedback and final sale data when the sale completes. Automating these processes can improve accuracy and significantly reduce the time to conduct sales across a number of different asset categories.
"The ability to seamlessly connect with the EquipmentOne marketplace is a great extension of our software and a huge win for our customers," said Michael Borello, Vice President of AssetWorks. "Managing assets from acquisition through disposal can be difficult and our solutions have always been aimed at streamlining this process. With our integration to EquipmentOne, we're delivering additional value and really closing the loop on asset management for our customers."
To learn more about the new EquipmentOne integration with AssetWorks, visit www.EquipmentOne.com or www.AssetWorks.com.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
About AssetWorks
AssetWorks delivers industry-leading business solutions that help asset- and infrastructure-intensive organizations control capital and operating expenditures, reduce operational complexity, and manage regulatory and policy-driven risk. Leveraging a comprehensive portfolio of software and consulting solutions, AssetWorks helps organizations work more efficiently by improving access to shared asset data, promoting greater transparency across the organization, improving service delivery, maximizing asset availability and uptime, and reducing total cost of ownership. Leveraging the latest cloud and mobile computing technologies, our asset management solutions and domain expertise help organizations eliminate waste, redundancy, and inefficiency.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
23:35 06.06.14
PR Newswire
VANCOUVER, June 6, 2014
VANCOUVER, June 6, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA), the world's largest industrial auctioneer, has published its May 2014 auction metrics on the company's website. This information can be accessed at the following link:
http://www.rbauction.com/investors/historical-auction-metrics
Monthly auction metrics should not be considered indicative of quarterly, annual or future performance. Auction metrics and corporate performance vary considerably month-to-month, due to the number of auctions held each month and seasonal factors. Ritchie Bros.' actual results could differ materially from those implied by this monthly auction disclosure. Investors are encouraged to review Ritchie Bros.' performance on a 12-month rolling or annual basis before making investing decisions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros.™ solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne™ secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
14:05 13.06.14
PR Newswire
ST. LOUIS, MO, June 13, 2014
More than 800 heavy construction and agricultural equipment items will be sold in the upcoming St. Louis unreserved public auction on June 27, 2014
ST. LOUIS, MO, June 13, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, will sell a large selection of late model industrial and agricultural equipment at its unreserved public auction in St. Louis, MO on June 27, 2014. Equipment highlights in the auction include a selection of bulldozers and motor graders, 35+ truck tractors, 10+ wheel loaders and more. Bids can be made in the auction in-person at the auction site, online in real time at www.rbauction.com and by proxy.
"Our upcoming unreserved public auction is a great opportunity for small and large contractors to find quality, late-model equipment at competitive prices," said Kieran Holm, Vice President, Sales, Ritchie Bros. Auctioneers. "The diverse selection of equipment, combined with the global marketing power of Ritchie Bros. Auctioneers, enables equipment buyers from all over the world to participate in an open, transparent and honest way. I encourage interested buyers to come to our St. Louis auction site ahead of the auction to test the equipment and get the information they need prior to auction day. Research can also be done ahead of time on our website, rbauction.com."
The upcoming St. Louis unreserved public auction features a large selection of construction and other industrial equipment. Missouri-based Fred Weber Inc., an industry leader in civil, heavy industrial and highway construction services will be selling more than 85 construction and mining equipment items in the auction. The company, widely known for their work on the reconstruction of I-64 and the Taum Sauk upper reservoir rebuild, has been participating at Ritchie Bros. auctions for almost four years.
"The package of equipment we selected to sell in the upcoming St. Louis auction is highly diverse and very well maintained," said Ed Moss, Equipment Manager, Fred Weber Inc. "Some of the equipment that will be sold in the auction was used during our work on the Taum Sauk reservoir rebuild and all has been maintained by certified technicians. With this diverse and large selection, we knew that we wanted the local appeal as well as global reach that Ritchie Bros. can offer in the sale of our assets."
Specific equipment highlights in the auction include:
A 2011 Komatsu D65PX-16 bulldozer
A 2008 Komatsu PC800LC-8 hydraulic excavator
A 2005 Gomaco Commander III crawler slipform paver
Two Manitowoc 777 Epic Series II200-ton crawler cranes
11 Sterling L9500 T/A truck tractors
And much more!
Consignments are still being accepted for the upcoming auction; anyone interested in selling their equipment can contact the St. Louis, MO auction site at +1.618.688.1625.
General auction details:
Auction location & phone number:
St. Louis, MO: 2436 Old Country Inn Dr., Caseyville, IL 62232 | Phone: +1.618.688.1625
The auction is open to the public; registration to bid is free; a refundable bid deposit may be required
How to register and bid:
In person at the auction site beginning on Tuesday, June 24
Online at rbauction.com - register in advance and bid online in real time on auction day; a refundable bid deposit may be required; first-time online bidders should register several days in advance of the auction
By proxy - phone the auction site to place a proxy bid
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTMsecure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
13:05 16.06.14
PR Newswire
EDMONTON, June 16, 2014
With three Edmonton auctions held so far this year, the site has already sold a combined CA$300+ million of equipment and trucks
EDMONTON, June 16, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold more than CA$104 million (US$95+ million) of heavy equipment and trucks in Edmonton, AB on June 11 - 13, 2014. The auction set a new one-day sales record for the Company: more than CA$75 million (US$69+ million) of equipment was sold on Day Two (June 12). So far in 2014, the Edmonton site has conducted three auctions and sold a combined CA$300+ million—three more Edmonton auctions are scheduled for 2014.
"We expanded our yard here in Edmonton last year to help meet the demand from consignors to add more equipment to our sales and it looks like we could stand to expand it again tomorrow with back-to-back record-setting auctions in April and June," said Jim Rotlisberger, Regional Sales Manager, Ritchie Bros. Auctioneers. "With more than 5,350 equipment items from 863 sellers, this was our largest-ever June auction in Edmonton, attracting bidders from all over the world, which resulted in strong prices across all equipment categories. A couple of sale highlights were a 2003 Caterpillar 589 crawler pipelayer that sold for $680,000 and a 2012 Kenworth T800 twin-axle, tri-drive with a National NBT55102 boom truck that sold for $675,000."
Fifty-eight hundred bidders from 50+ countries, including all Canadian provinces and territories, as well as 41 US states, registered to bid in person or online for the auction. More than CA$64 million (US$59+ million) of equipment and trucks was purchased by Alberta buyers while participants from outside Alberta purchased CA$39+ million (US$36+ million) for 37 percent of total gross auction proceeds. More than 3,500 of the bidders participated online and purchased more than CA$42 million (US$39+ million) of equipment.
Equipment in the auction was sold for 863 sellers, including 150+ items as part of complete dispersal for Tanton Mackay Oilfield Construction Ltd., a Camrose, AB-based pipeline construction company.
"Prices in the auction were good and consistent, in particular, pricing on newer iron was very strong," said Gary Tanton, President of Tanton Mackay Oilfield Construction. "We've bought a lot from Ritchie Bros. in the past so when we decided to get out of the pipeline business we came to them to sell all our equipment. One month ago, most of our gear was out on a job and now it's in the hands of new owners. That's one of the best parts about working with Ritchie Bros.—everything is sold by the end of the auction. Now I can sit back and enjoy the summer with my wife and kids."
The Edmonton June auction featured more than 5,350 equipment items and trucks, including 145+ excavators, 150+ compactors, 110+ bulldozers, 50+ articulated dump trucks, 60+ loaders, 40+ agricultural tractors, 150+ truck tractors and more. A couple more specific sales highlights include: a 2012 Komatsu D65PX-17 crawler tractor that sold for $270,000 and an unused 2013 Kenworth T800 tri-drive sleeper winch tractor that sold for $260,000.
AUCTION QUICK FACTS: EDMONTON, AB - JUNE 11 - 13, 2014
Total Gross Auction Proceeds - CA$104+ million (US$95+ million)
Amount sold to online bidders - CA$42+ million (US$39+ million)
Total registered bidders (onsite and online total) - 5,800
Unique registered online bidders - 3,500+
Total number of buyers - 1,950+
Total number of online buyers - 1,100+
Number of lots sold - 5,350+
Number of sellers - 860+
The Ritchie Bros. auction calendar currently features more than 90 unreserved public auctions around the world, including the Company's next unreserved public auction in Edmonton, AB, which is scheduled for September 2014. Visit www.rbauction.com for a complete list of upcoming auctions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
19:00 16.06.14
PR Newswire
VANCOUVER, June 16, 2014
VANCOUVER, June 16, 2014 /PRNewswire/ - (June 16, 2014) - Ritchie Bros. Auctioneers (NYSE & TSX: RBA, 'the Company') is pleased to announce that its Board of Directors has appointed Ravi Saligram as the Company's new Chief Executive Officer. Mr. Saligram will succeed Peter Blake, who will be leaving the Company in July. It is expected that Mr. Saligram will assume his new role as CEO on July 7 and will be appointed as a member of the board of directors of the Company at that time.
(Photo: http://photos.prnewswire.com/prnh/20140616/118728)
"We are very pleased to welcome Ravi Saligram to Ritchie Bros. as CEO. Ravi is a proven leader and an experienced chief executive within the business services sector, and has an impressive track record of driving revenue and profit growth at customer-service focused organizations," said Robert Murdoch, Chairman of the Board, on behalf of all board members. "Ravi's recognized talent for cultivating strong corporate cultures and his extensive global business experience will benefit Ritchie Bros. significantly as we enter our next phase of growth."
Mr. Saligram's 35-year professional career includes three years as President and Chief Executive Officer of OfficeMax and more than 20 years of general management experience at ARAMARK, Intercontinental Hotels Group, and SC Johnson. Mr. Saligram has lived in five countries and worked in many more across five continents. He is noted for his ability to lead consumer, B-to-B and digital businesses and has considerable experience running global, multi-unit service organizations and overseeing large sales teams.
"Ritchie Bros.' leading market position, deep operational expertise in unreserved auctions and highly engaged team committed to customer service attracted me to this role," said Mr. Saligram. "I am excited by the opportunity to further grow the core business in both North America and internationally, and scale new e-based business models to provide comprehensive solutions to customers. I look forward to partnering with our team to make Ritchie Bros. the premier global equipment solutions company."
In November 2010, Mr. Saligram joined OfficeMax as Chief Executive Officer, where he drove innovation and evolved the company from an office products distributor to an omnichannel provider of workplace products, services and solutions. He successfully championed the merger with Office Depot, which was consummated in November 2013.
Prior to his role at OfficeMax, Mr. Saligram served as President of ARAMARK International, and Executive Vice President and Chief Globalization Officer of ARAMARK Corporation, a world leading professional services company focused on food services and facilities management. Under his leadership, revenue and operating profits doubled at ARAMARK International in seven years.
Mr. Saligram has held senior leadership positions with InterContinental Hotels Group, including: President of Brands and Franchise for North America; Chief Marketing Officer; President, International; and, President, Asia Pacific. He also held brand and general management roles within S.C. Johnson and Son, Inc., and began his career in advertising with Leo Burnett Company in Chicago, where he developed his relentless desire to meet and exceed customer needs. Mr. Saligram earned an MBA from the University of Michigan and an electrical engineering degree from Bangalore University.
Mr. Saligram will be based out of the Company's head office in Vancouver.
Investor Conference Call and Webcast:
Ritchie Bros. will host a short investor conference call at 8:00 a.m. Pacific / 11:00 a.m. Eastern / 4:00 p.m. BST, tomorrow, June 17, 2014. Analysts and Institutional investors may access the conference call using the following dial-in numbers:
Toronto: 416-764-8609
Toll Free North America: 1-888-390-0605
Toll Free UK: 0800 028 6441
All other interested parties, including media, can listen to the call through the live and archived webcast, accessible at the following link:
http://www.newswire.ca/en/webcast/detail/1372843/1522339
A replay of the call will be made available approximately two hours following the live call and will be available until July 31, 2014. It can be accessed through the webcast link, or by dialing 416-764-8677 or 1-888-390-0541 using the passcode 969342.
About Ritchie Bros. Auctioneers:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources, including a backgrounder, are available for use at http://www.rbauction.com
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
22:35 30.06.14
PR Newswire
VANCOUVER, June 30, 2014
VANCOUVER, June 30, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE & TSX: RBA) is pleased to announce that its Board of Directors has appointed Beverley Briscoe as Chair of the Board, with immediate effect. Ms. Briscoe succeeds Robert Murdoch, who announced his intention to step down from the board by the end of 2014, due to reaching the mandatory age limit. Mr. Murdoch will continue as a director on the board for the remainder of 2014.
(Photo: http://photos.prnewswire.com/prnh/20140630/123281)
Beverley Briscoe has been a director of Ritchie Bros. for over 10 years and, since September 2013, has held the role of Deputy Chair. Ms. Briscoe has extensive industry experience in the transportation and industrial equipment sectors. From 1997 - 2004 she owned a transportation services company and prior to that was Vice President of Wajax Industries, CFO of the Rivtow Group of Companies and CFO of a number of operating divisions of the Jim Pattison Group. Ms. Briscoe has a Bachelor of Commerce degree from the University of British Columbia, is a Fellow of the Institute of Chartered Accountants and is a Fellow of the Institute of Corporate Directors. Ms. Briscoe is also a director on the board of Goldcorp Inc., where she chairs the Audit committee and is a member of the Environmental Health and Safety Committee. She is the past Chair of the Industry Training Authority for BC and the past Chair of the BC Forest Safety Council.
About Ritchie Bros. Auctioneers:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
17:57 07.07.14
PR Newswire
VANCOUVER, July 7, 2014
VANCOUVER, July 7, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA), the world's largest industrial auctioneer, has published its June 2014 auction metrics on the company's website. This information can be accessed at the following link:
http://www.rbauction.com/investors/historical-auction-metrics
Monthly auction metrics should not be considered indicative of quarterly, annual or future performance. Auction metrics and corporate performance vary considerably month-to-month, due to the number of auctions held each month and seasonal factors. Ritchie Bros.' actual results could differ materially from those implied by this monthly auction disclosure. Investors are encouraged to review Ritchie Bros.' performance on a 12-month rolling or annual basis before making investing decisions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros.™ solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne™ secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
22:05 22.07.14
PR Newswire
VANCOUVER, July 22, 2014
VANCOUVER, July 22, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA), the world's largest industrial auctioneer, invites interested parties to participate in its second quarter 2014 earnings conference call, occurring on Tuesday, August 5, 2014 at 11:00 am Eastern time / 8:00 am Pacific time / 4:00 pm BST. During the call company executives will discuss Ritchie Bros.' earning results and answer questions from analysts and institutional investors. The Company's second quarter 2014 earnings results will be released before NYSE and TSX market open earlier that morning.
Analysts and Institutional Investors may participate via conference call, using the following dial-in information:
1-888-390-0605 (toll-free North America)
08-000-286-441 (toll-free UK)
416-764-8609 (Toronto & overseas long-distance)
Please ask to participate in Ritchie Bros.' second quarter 2014 earnings conference call, and quote conference ID 00758173 if prompted.
Media and other interested parties may listen to the conference call via webcast, by selecting the second quarter 2014 earnings call webcast link at www.rbauction.com/investors.
A replay of the conference call can be accessed after 1:00 pm Eastern / 10:00 am Pacific time / 6:00 pm BST until September 2, 2014 at 416-764-8677 or 1-888-390-0541 (using passcode 758173).
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros.™ solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOne™ secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire
13:05 25.07.14
PR Newswire
FORT WORTH, TX, July 25, 2014
Close to 3,300 heavy equipment items and trucks were sold in the two-day unreserved public auction
FORT WORTH, TX, July 25, 2014 /PRNewswire/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, sold more than US$49 million of equipment items and trucks at its unreserved public auction in Fort Worth, Texas on July 23 - 24, 2014. Equipment sale highlights included a 2012 Caterpillar D6T XW crawler tractor, which sold for US$295,000; three 2012 Kenworth T800 sleeper truck tractors that sold for US$102,000 each; and three 2012 Kenworth T800 sleeper truck tractors that sold for US$100,000 each. Bids were made in person at the auction site, online at rbauction.com and by proxy.
"We had another two great days of strong prices with a line-up of equipment from many first-time sellers," said Adam Kawulok, Regional Sales Manager, Ritchie Bros. Auctioneers. "Over the road and vocational trucks performed particularly well. Our permanent auction site in Fort Worth is quickly becoming a marketplace for not just construction and energy assets but also for late-model, well-maintained transportation equipment. I encourage any interested sellers who want to reach the global marketplace to call our Fort Worth site and find out about our next auction."
More than 3,600 people from 57 countries, including 48 U.S. states registered to bid in the auction. Bidders from outside Texas purchased more than US$27 million (56 percent of total gross auction proceeds). Online bidders purchased more than US$19 million (40 percent of total gross auction proceeds).
Equipment in the auction came from 450 sellers, including a selection of specialized environmental equipment from Castor, Louisiana based Red Oak Timber Company, LLC. The Company's owner, Sam Pullig, has been part of the timber industry since 1968 and has branched out into property development as well as oil and gas in recent years. Sam has been attending Ritchie Bros. unreserved auctions for close to 20 years, where he has bought and sold heavy equipment from multiple industries.
"I am very pleased with our results from this week's auction, especially since this was our biggest sale with Ritchie Bros. yet," Sam said. "Our equipment was very specialized as it included a selection of environmental equipment, de-limbers, skidders and log loaders, so we needed a way to reach large and diverse audiences from every industry and all around the world. This week we saw bids come in from many places, including Tennessee, Mississippi and even overseas. The possibility of reaching everyone in the world is the main reason I sell with Ritchie Bros. and I would recommend other equipment owners consider them, no matter the size of your fleet."
AUCTION QUICK FACTS: FORT WORTH, TX - JULY 23 - 24, 2014
Total Gross Auction Proceeds - more than US$49 million
Amount sold to online bidders - more than US$19 million (40 percent of total gross auction proceeds)
Total number of registered bidders - more than 3,600
Unique online bidders - close to 2,300
Number of lots sold - close to 3,300
Number of sellers - 450
The Ritchie Bros. auction calendar currently features more than 68 unreserved public auctions around the world, including a two-day unreserved public auction in Houston, TX on August 27 - 28, 2014 as well as the next Fort Worth, TX auction scheduled for September 24 - 25, 2014. Visit www.rbauction.com for a complete list of upcoming auctions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. TM solutions make it easy for the world's builders to buy and sell equipment with confidence, including live unreserved public auctions with on-site and online bidding (rbauction.com), the EquipmentOneTM secure online marketplace (EquipmentOne.com), a professional corporate asset management program, and a range of value-added services, including equipment financing for customers through Ritchie Bros. Financial Services (rbauctionfinance.com). Ritchie Bros. has operations in more than 25 countries, including 44 auction sites worldwide. Learn more at RitchieBros.com.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on Twitter @RitchieBros.
SOURCE Ritchie Bros. Auctioneers
Quelle: PR Newswire