05:02:03 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Ritchie Bros Auctioneers Inc
Symbol RBA
Shares Issued 107,338,400
Close 2014-09-18 C$ 24.88
Market Cap C$ 2,670,579,392
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Ritchie Bros. to hold railway equipment auction Oct. 2

2014-09-19 11:27 ET - News Release

Mr. Ben Arbeiter reports

RITCHIE BROS. TO SELL DIVERSE SELECTION OF RAILROAD EQUIPMENT IN CHICAGO, IL

Ritchie Bros. Auctioneers Inc. will sell more than 750 rail and industrial equipment items at an unreserved public auction in Chicago, Ill., on Oct. 2, 2014. The auction directly follows the American Railway Engineering and Maintenance (AREMA) show, held Sept. 28 to Oct. 1. Every item in the auction will be sold to the highest bidder, regardless of price, without minimum bids or reserve prices. Bids in the auction can be made in person at the auction site, on-line in real-time and by placing proxy bids.

"To have an auction with the equipment we are offering at the time we are holding it, immediately following the AREMA show, presents an exciting new opportunity for us," said Ben Arbeiter, regional sales manager, Ritchie Bros. Auctioneers. "The auction features a great selection of railroad and other heavy equipment, so this is a great chance for anyone looking to acquire quality equipment from a variety of industries."

In all, more than 750 equipment items will be sold in the Oct. 2, 2014, auction, including:

  • 2009 Caterpillar 308DCR high-rail midi excavator;
  • A Fairmont Jackson 6700 ballast tamper;
  • Five spike pullers;
  • Three heavy duty rail cars;
  • A Pettibone 441B sped swing.

Other equipment highlights in the Chicago auction include three 2006 Caterpillar D6R Series III LGP bulldozers, two 2012 Caterpillar 236B3 skid steer loaders, a 2009 Cat 329 DL hydraulic excavator, more than 25 truck tractors and much more.

Consignments are still being accepted for the auction. If you are interested in buying and selling equipment and trucks at this or any other auction in Chicago, contact the auction site at 1-815-941-6400.

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