From bauma China 2012: Ritchie Bros. planning inaugural China auction in Spring 2013
Tina Grady Barbaccia | November 28, 2012
Heavy equipment and truck auctioneer Ritchie Bros. Auctioneers announced plans during a press conference at bauma China 2012 that the company plans to hold its first unreserved public auction in China during Spring 2013.
Although relatively new to the Chinese heavy equipment market, unreserved industrial auctions have been a quick and easy method for equipment buyers and sellers to conduct business on a global scale, according to Ritchie Bros. Auctioneers.
Ritchie Bros. has formally leased land in the Tianzhu Free Trade Zone (Shunyi, Beijing) in preparation for this first unreserved public auction in China. Located in close proximity to the Beijing Capital International Airport, the Tianzhu Free Trade Zone is connected to one of China’s largest roll-on, roll-off ports in Tianjin.
MORE FROM News & Analysis
- Report: Just 6 Percent of 2013 federal-aid funding went into new roads & bridges369 Views
- Highway Trust Fund: Who’s in and who’s out in next Congress253 Views
- One killed, four injured after bridge collapses at college242 Views
- Tracked electric vehicles the future of transportation?200 Views
- Rollover accident caused from surprise gravel road133 Views