U.s. Is No. 1 In Worldwide Farm Equipment Sales

By: Dave Mowitz

In March 2015, I was covering a Ritchie Bros. auction outside of Chicago, Illinois. On occasion, the auctioneer calling the sale would mention where the buyer for a piece of equipment was located. I particularly remember that when it came to the sale of large construction equipment, he would mention it was heading overseas.

International sales of large construction or forestry equipment as well as semitrailer trucks are not unusual. I recall Rick Vacha of Ritchie Bros. saying that over 100 used semitrailer trucks were sold to one buyer in the Middle East during one of his company’s massive auctions in Miami.