Ritchie Bros. inspects tens of thousands of equipment items each month in preparation for sale. The company also inspects tens of thousands of additional items to support customers for lease returns, financing, trade-ins, repossessions, private sale, asset verification, and more.
All in all, Ritchie Bros. Inspection Services and its 400 team members completed more than 600,000 equipment inspections in 2020, taking over 15 million photos and analyzing hundreds of thousands of oil samples in its in-house fluid analysis lab.
"Ritchie Bros. is much more than auctions today. We offer a wealth of services, insights, and transaction solutions to help customers better manage and dispose of commercial assets," said Logan Mellott, Vice President of Commercial Operations at Ritchie Bros. "Ritchie Bros. inspections are needed by customers every day and we believe we have the best team and technology in the industry, uniquely positioning us to innovate and develop targeted services and solutions to meet the increasingly sophisticated needs of our customer base."