J.D. Power's Chris Visser says auction prices have been stable after a busier-than-usual January.
March 5, 2024Business, Equipment
Update: First Yellow Trucks and Trailers Up for Auction
Business, Equipment
Used Truck Sales in January Rise 17% From Prior Year
Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.
February 29, 2024Business, Equipment
First Yellow Trucks and Trailers Up for Auction March 5
Selling off the assets of bankrupt less-than-truckload carrier Yellow Corp. is set to take another step when the first rolling stock will be up for auction soon.
February 28, 2024Business, Equipment, For-Hire
Court Approves Yellow Administrators’ Auction Plans
A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.
October 30, 2023Business, Equipment
Ritchie Shareholders Approve $6 Billion IAA Takeover
Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.
March 14, 2023Business, Equipment
Ritchie CEO Promotes Merits of IAA Deal Ahead of Vote Showdown
Ritchie Bros. Auctioneers Inc. has the potential to double its share price if it takes over IAA Inc., its CEO said as she launches a final push to fend off opposition from some shareholders to the deal.
February 13, 2023Business, Equipment
Major Shareholder Backs Ritchie’s $6 Billion IAA Deal
A large investor in Ritchie Bros. Auctioneers Inc. is backing the Canadian auction company’s proposed takeover of IAA Inc., giving a boost to a deal that has been opposed by other shareholders.
January 30, 2023Business, Equipment
Ritchie Bros. Names Eric Jacobs Chief Financial Officer
Ritchie Bros. Auctioneers Inc. appointed Eric Jacobs chief financial officer, effective June 6.
June 6, 2022Business, Technology, Equipment
Ritchie Bros. COO Jim Kessler Adds Role of President
Ritchie Bros. announced that Jim Kessler, its chief operating officer, will take on the additional role of president.
October 1, 2021Business
Ritchie Bros. Taps Kari Taylor for Revenue Post
Ritchie Bros. announced Kari Taylor, president of North America sales, has been appointed to the newly created position of chief revenue officer.
February 9, 2021