Ritchie Bros. Launches Free Monthly Pricing Report

Ritchie Bros. has launched a Market Trends module , which allows customers, investors, and analysts to better understand the strength of an asset class through in-depth analysis of Ritchie Bros. transaction history.

Michael Roth

April 18, 2020

2 min read

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Ritchie Bros. has launched a Market Trends module within its Ritchie Bros. Asset Solutions technology, which allows customers, investors, and analysts to better understand the strength of an asset class through in-depth analysis of Ritchie Bros. transaction history, including market trends, equipment price performance, asset valuation curves, and mix-adjusted price indexes.

Each month, Ritchie Bros. will produce a free downloadable report of high-level pricing trends, broken out by industry. The full Market Trends module is available for purchase.

"Used equipment experts, sellers, and buyers look to Ritchie Bros. transaction data as the industry gold standard," said Ken Calhoon, vice president of data analytics, Ritchie Bros. "While others may try to scrape and repackage our data, only we have the full dataset, the understanding, and the ability to derive deep insights. Our team of data analysts and data scientists use machine learning and data visualization to create one of the best used equipment data products on the market. Our free, downloadable Ritchie Bros. Used Equipment Market Trends report gives a good overview of trends in the various industries we work in. For more in-depth analysis, you can purchase the full Market Trends module to compare and analyze hundreds of thousands of items and millions of transactions around the globe."

To receive a copy of the April 2020 Ritchie Bros. Used Equipment Market Trends report, please visit ritchiebros.com/market-trends-report.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.