Mr. Jeff Jeter reports

IRONPLANET HOSTS BIG SPRING AUCTION ON MARCH 22 - 23

Ritchie Bros. Auctioneers Inc. has sold hundreds of items every Thursday through its weekly IronPlanet on-line auctions, but next week's auction is a special two-day event, with more than 1,700 items from 46 U.S. states and nine Canadian provinces.

Equipment highlights in the March 22, 2018, and March 23, 2018, auctions include more than 95 truck tractors, more than 90 excavators, more than 50 compactors, more than 50 wheel loaders, more than 40 dozers, more than 30 dump trucks, more than 30 mixer trucks, more than 25 flatbed trucks, more than 20 motor graders, more than 20 skid steer loaders, more than 40 pickup trucks and more.

"We have a great selection of equipment -- including a large quantity of late model assets -- in our big spring auction next week from a variety of sectors, particularly construction and transportation gear," said Jeff Jeter, president of United States sales. "We will be selling equipment for owners located across the U.S., including gear from Hutton Inc. and Palda and Sons Inc. in Minnesota. We've also seen an uptick of assets from Canadian consignors for this auction, including a nice package of forestry equipment from Major's Logging Ltd., based in Newfoundland and Labrador."

Mr. Jeter added: "Items are now available for viewing at IronPlanet's website, with full inspection reports. Priority bids can be made right away and the auction will start next Thursday (March 22) and Friday (March 23)."

More than 80 items will be sold for Hutton Inc. in the big spring auction, including plows, dozers, excavators, trailers, pickup trucks and more.

"We're retiring after 25 years in business and came to Ritchie Bros. because they're the auction experts," said Scott Hutton of Hutton Inc. "Selling through IronPlanet is fast and efficient. We have a large selection of late model equipment and through IronPlanet we can market our gear to the world."

Specific auction highlights for March 22 and March 23:

• Two 2014 John Deere 350G LC hydraulic excavators located in Minnesota and Newfoundland;
• Two Hitachi ZX350LC-6N hydraulic excavators located in Minnesota;
• A 2012 Liebherr LH60C litronic material handler located in North Carolina;
• A 2010 Grove RT890E rough terrain crane located in Florida;
• Two 2014 Bron 550PU drainage plows located in Minnesota;
• A 2015 Inter-Drain 2050 HP drainage plow located in Minnesota;
• A 2013 John Deere 753 feller buncher located in Newfoundland;
• A 2015 Atlas Copco FlexiROC T40 crawler-mounted rock drill located in Newfoundland;
• For a complete list of equipment, please visit IronPlanet's website.

More than 900 items selling tomorrow (March 15) on IronPlanet's website

IronPlanet will conduct its regular Thursday weekly auction tomorrow (March 15), selling more than 900 equipment items and trucks in one day. Equipment highlights include more than 70 truck tractors, more than 50 excavators, more than 20 dozers, more than 20 compactors, more than 20 scissor lifts, more than 15 agricultural tractors, more than 35 pickup trucks and more. Visit IronPlanet's website for a complete list of equipment.

About Ritchie Bros. Auctioneers Inc.

Established in 1958, Ritchie Bros. 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.