Ritchie Bros. to hold Las Vegas auction during CONEXPO-CON/AGG

Consignments are now being accepted for the Mar. 12 – 13 auction; thousands of bidders expected

LAS VEGAS, NV, Jan. 27, 2020 /PRNewswire/ - Every three years, tens of thousands of contractors from around the world descend upon Las Vegas, NV for CONEXPO-CON/AGG, making it the perfect time for an equipment auction. On March 12 – 13, 2020—during the week of CONEXPO—Ritchie Bros. will sell thousands of items through an unreserved public auction at its site in Las Vegas, approximately 20 minutes from the trade show grounds.

Thanks to recent innovations by the company, bidders can participate in the Ritchie Bros.' Las Vegas auction without having to miss a minute of CONEXPO. Ritchie Bros.' PriorityBid functionality allows customers to place bids on items online days ahead of the auction, or customers can participate live and real-time right from the trade show floor via Ritchie Bros.' mobile application. Bidders can also participate in person at the auction site or online at rbauction.com. 

"CONEXPO-CON/AGG is the perfect time for consignors to take advantage of the massive crowds expected in Las Vegas," said Mike Dastic, Regional Sales Manager, Ritchie Bros. "The marketing campaign for our March 2020 event is expected to reach hundreds of thousands of potential buyers—no other auction company can match our technology, customer database, or marketing expertise. We encourage sellers to contact us today to make sure their equipment gets maximum exposure."

For large consignments, Ritchie Bros. is offering sellers across the United States the option of selling their assets in Las Vegas virtually. Equipment will remain on the consignor's property and be sold by photo at Ritchie Bros.' auction site.

More than 100 companies have already consigned equipment to the March Las Vegas auction, including companies from overseas. Early consignment highlights include:

• A 2018 Caterpillar D7E dozer
• Three Caterpillar 336FL excavators
• Two 2018 Caterpillar 336NG excavators
• Two 2018 Caterpillar 950 wheel loaders
• Three 2018 Caterpillar 320NG excavators
• Three 2017 Komatsu PC360LC-11 excavators

For more information about Ritchie Bros.' March auction in Las Vegas, visit rbauction.com/Las-Vegas or call +1.702.644.2468.

About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance^® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company's suite of multichannel sales solutions also includes RB Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media. 

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SOURCE Ritchie Bros.