Episode 3: On Thursday, September 30, 2021, Ritchie Bros. hosted a one-hour online industry panel, where experts from Ritchie Bros. and industry guests discussed trends impacting the construction industry including trends around equipment shortages, high demand for machinery, and more.

In this one-hour long Construction Panel, Matt Ackley, host and Chief Marketing Officer, Ritchie Bros., and a team of industry experts discuss the following topics around heavy equipment trends in the agriculture industry:

  • What delays should we expect from OEMs for construction assets
  • What the market looks like when supply chain issues are resolved
  • What impact is the labor shortage having on the industry
  • What other big issues are affecting the construction sector
  • Where are we at with infrastructure spend in the U.S. and Canada
  • What is the impact on the sale of used equipment: auction vs. retail

Construction panelists include: Bob Lanham – President, Associated General Contractors of America (AGC), Ron Glenn – CEO, Alberta Roadbuilders and Heavy Construction Association (ARHCA), Doug Olive – Senior Vice President, Pricing, Ritchie Bros., Doug Rusch – Managing Director, Sales, Rouse Services