Mr. Jeff Jeter reports

IRONPLANET HOSTS BIG MAY AUCTION EVENT ON MAY 24

Following up on its successful IronPlanet Big Spring event in March, Ritchie Bros. Auctioneers Inc. is set to host another special IronPlanet on-line event on May 24, 2018, selling over 2,100 items from sellers across North America.

Equipment highlights in the May 24 auction include over 215 truck tractors, over 135 excavators, over 65 compactors, over 45 skid steers, over 30 dozers, over 25 backhoes, over 20 cranes, over 20 motor graders, over 85 aerial work platforms, over 35 dump trucks, over 35 mixer trucks, 20 telehandlers, 35 flatbed trucks, over 30 service/utility trucks, over 20 asphalt pavers, over 10 agricultural tractors, over 60 pickup trucks and more.

"We have a real nice selection of items in our big May auction covering multiple industries -- from construction to transportation, agriculture and more," said Jeff Jeter, president of U.S. sales, Ritchie Bros. "Items are now available for viewing [on the IronPlanet website], with full inspection reports. Priority bids can be made right away and the auction will start next Thursday."

Items will be sold for dozens of owners, including five 2007 Volvo A35D articulated dump trucks for Iowa-based contractor Western Contracting Corp.

"All our trucks are ready to go to work for a new company; it's surplus gear no longer being used in our core operation," said Neal Everist, owner of Western Contracting. "We've sold through IronPlanet a number of times and keep coming back because of the excellent customer service and the ease of selling without transporting the equipment to another location first."

Specific May 24 auction highlights:

• A 2009 Manitowoc 1400 Series 1 and Series 2 lattice-boom crawler crane;
• A 2010 Grove RT890E rough-terrain crane;
• Four 2014 Case IH 580 Quadtrac tractors;
• Two 2017 Caterpillar 349FL excavators;
• A 2015 Caterpillar 140M3 motor grader;
• A 2016 Caterpillar D8T dozer;
• Two Caterpillar D6T dozers (one is an LGP model);
• A 2017 Mack CXU613 T/A sleeper truck tractor.

Over 1,000 items selling this Thursday on IronPlanet website

IronPlanet will also conduct its regular Thursday auction this week (May 17), selling over 1,000 equipment items and trucks in one day. Equipment highlights include over 80 truck tractors, over 50 excavators, as well as dozers, compactors, agricultural tractors, pickup trucks and more. Visit the IronPlanet 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.