Ritchie Bros: Delivering Choice
Justin Lacasse, Territory Manager
How long has Ritchie Bros. been in business?
Ritchie Bros. was established in 1958 in Kelowna, BC, Canada. Today, the company operates from its global headquarters in Vancouver, BC, Canada and 40+ permanent auction sites around the world and operations in 15+ countries. Recently, Ritchie Bros. acquired IronPlanet in order to bring our customers unprecedented choice when it comes to asset dispersal.
What services does Ritchie Bros. provide?
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. We help thousands of people around the world appraise, sell, inspect, buy, refurbish, ship and finance heavy equipment, trucks, and other assets every month. With our multiple onsite and online selling platforms and commitment to first-class customer service, Ritchie Bros. is trusted worldwide because we make buying and selling easy, efficient, fair, and transparent.
What is Ritchie Bros. motto/slogan and how does that come to life?
“Delivering Choice.” Customers have unprecedented choice and a one-stop shop to buy and sell in the way that best suits their needs. With every auction, we are helping buyers find quality, affordable equipment so they can get out in the community and do some work. Every day, we help our sellers disperse of their assets as easily as possible so they can spend their time on their business.
How many employees does Ritchie Bros. have?
Over 1,200 now as our company just expanded quite a bit. Ritchie Bros. and IronPlanet have combined as one company to bring our customers the best in unreserved onsite auctions, online weekly auctions and additional online marketplaces for selling and buying equipment.
What makes Ritchie Bros. stand out among other companies?
We are ready and waiting to help you buy and sell with confidence. Everything we do — from our policies and services to our advertising and the way we handle inquiries — is designed so that you to feel like you made the right choice, every time.
What do you like most about your job or Ritchie Bros.?
Our auctions drive demand for equipment across all industrial categories, especially construction and transportation gear. When a client enters a piece into the auction and receives a better-than-expected return, I know that is going to make my client’s life easier in some way – and that’s what makes this job so rewarding.
Tell us about a recent or upcoming project/opportunity Ritchie Bros. is excited about.
On Friday, October 20, our Chehalis site will host another unreserved truck and equipment auction. Buy heavy equipment, trucks and more—with no minimum bids or reserve prices. You can buy equipment in person or online.
How did you first get involved with SWCA? How long has Ritchie Bros. been a member?
This is our first full year as members of SWCA. A customer referred us to the group and it was obvious that SWCA was a great group. We are always looking for opportunities to network with members of the local contracting community.
Why did Ritchie Bros. decide to join SWCA?
The interests and needs of SWCA are aligned with ours at Ritchie Bros. When we were introduced to the group, it was an easy decision.
What do you want SWCA members to know about Ritchie Bros.?
Ritchie Bros. is more than just live and online auctions. Our company operates in a multitude of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry. In addition to live, onsite auctions and weekly online auctions on IronPlanet, Ritchie Bros.’ selling channels include: EquipmentOne, an online auction marketplace; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy Auctioneers, plus equipment financing and leasing through Ritchie Bros. Financial Services.
