Tag search results: "agriculture"
The European Green Deal and How It Impacts the Heavy Equipment Market (+ webinar recording)
Together with the ERA and NVL, Ritchie Bros. hosted an online webinar about The European Green Deal and Its Impact on Equipment Financing & Renting, to provide an overview of the effects of the European Green Deal on the financing and rental & leasing sectors. Read this blog to find out about how the industries plan to navigate the transition to a greener, more sustainable future.
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Industry Voices | Adaptation
We all felt the shockwaves through our industry when Covid-19 kicked in almost a year ago. In a year full of ups and downs, the businesses and people in the industry have adapted to new ways of working. When the first lockdowns kicked in in March 2020, Ritchie Bros. shifted its massive equipment auctions entirely to online. Among the first was Ritchie Bros.’ Meppen (Germany) auction in March 2020 that pre-COVID saw hundreds of on-site bidders attend. Processes were adapted to facilitate the online auction experience, resulting in 40% more bidders compared to the same auction the year before.
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Buying at our online auctions: Top 5 questions and answers
More than ever before, online auctions are a popular method of buying and selling heavy equipment and trucks. We see more and more people are joining our online auctions, so we decided to put together a few questions and answers about Timed auctions. We added some extra tips to help you get even more out of your auction experience.
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Selling Equipment: 6 Things To Consider
Deciding when to sell your heavy equipment and trucks is equally important as choosing how to sell it. Dive in to learn six tips that will help you make a wise selling decision.
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Easing cash flow for equipment owners
Ritchie Bros. supports equipment owners with flexible disposition options to improve 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 turning. At Ritchie Bros., we’ve taken all our auctions online and have so far seen very little change in anticipated demand – or selling price levels – for secondhand construction and agricultural machines over the last few months.
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