Hundreds of Celadon-owned trucks and trailers lining up to be sold at upcoming Ritchie Bros. auctions

More than 1,700 trucks and trailers from Celadon will be sold in March, April, and May

FORT WORTH, TX, March 4, 2020 /PRNewswire/ - Last month Ritchie Bros. was chosen to sell select trucks and trailers owned by Celadon Group, which filed for Chapter 11 bankruptcy protection in December 2019. More than 1,700 of these Celadon trucks and trailers will sell at upcoming Ritchie Bros. live auctions in March, April, and May. Every single item will be sold without minimum bids or reserve prices.

"Celadon was well-known for the quality and maintenance of its fleet and we are excited to bring these assets to market through our upcoming sales," said Zac Dalton, Director of Finance, Insurance, and Insolvency, Ritchie Bros. "Celadon items will be sold at 19 upcoming US and Canadian auctions, with particularly large quantities selling at our Forth Worth, Columbus, North East, Atlanta, and Chehalis locations. All items can be viewed on rbauction.com by typing 'Celadon' into the search bar. Get online and start searching for your next truck!"

Celadon inventory at upcoming Ritchie Bros. auctions includes 300+ trucks and 1,400+ trailers. Truck highlights include 80+ International Prostars, 65+ Kenworth T680s, 40+ Volvo VNL670s, and more.

For more information, visit rbauction.com/store/Celadon.

About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company's suite of multichannel sales solutions also includes RB Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.

Photos and video for embedding in media stories are available at rbauction.com/media.

SOURCE Ritchie Bros.