Auctioneers

Ritchie Bros. Auctioneers is selling its former 40-acre auction site off the I-10 East Highway during an upcoming two-day unreserved public equipment auction at the company's new Houston permanent auction site, 15500 Eastex Freeway in Humble from March 24 to March 25 starting at 8:00 a.m. each day.

Jeff Griffin, Senior Editor

Along with most segments of the economy, the horizontal directional drilling (HDD) industry is seriously affected by a worldwide recession.

The Pipe Line Contractors Association of Canada recently held its 55th annual convention at the historic Fairmont Empress Hotel located along the scenic inner harbor of Victoria, BC, Canada.

Ritchie Bros. Auctioneers held a three-day unreserved industrial equipment auction from March 25-27 at its new permanent auction site in Houston, 15500 Eastex Freeway.

Ritchie Bros. Auctioneers, the world’s largest auctioneer of industrial equipment, has rolled out an industry-first - a free online wiki for the equipment industry at www.RitchieWiki.com. Using the software provided by Wikipedia, Ritchie Bros. has created a one-stop public resource for equipment information, one that the community at large can research, read, add to and edit.

Jeff Griffin, Senior Editor

There's something exciting about bidding and buying equipment at an auction, and experienced auction buyers seem to have a knack for acquiring good machinery at bargain prices. What’s more, equipment auctions are big business. Auction giant Ritchie Bros. reported gross auction proceeds in 2007 of $3.19 billion.

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