A severe drop in new sales and the need to keep machines virus-free are among the new realities facing the equipment market during the pandemic

Equipment auctioneer Ritchie Bros. has reported a high volume of bidding for equipment this week, citing a growth in online bidders.

Used equipment from the world’s largest manufacturer would be sold by the world’s largest equipment auctioneer.

It was a busy lot at the annual Ritchie Bros. equipment auction, held Feb 15-19 in Orlando. Some 10,700 pieces of equipment sold for a total value of $172 million, with a record 9,850 bidders from 79 countries registered.