Ritchie Bros. Marketplace-E Sells $500 Million of Equipment

Ritchie Bros. launched its Marketplace-E solution as a price-controlled option for consignors with Make Offer and Buy Now formats. In 2021 this new innovative solution is continuing to gain steam, with more than $500 million of equipment sold through Marketplace-E over the past 12 months, the company stated.

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Total Construction Starts Decline in August

Total construction starts fell 9% in August to a seasonally adjusted annual rate of $782.8 billion, according to Dodge Data & Analytics. All three sectors lost ground during the month: nonbuilding starts were down 2%, residential starts were 9% lower, and nonresidential building starts fell 13%.

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Infrastructure Bill Aligns With Key AASHTO Principles

An 81-page analysis of the $1.2 trillion “Infrastructure Investment & Jobs Act” (IIJA) passed by the Senate on August 10 and now winding its way through the House of Representatives finds it aligns with key principles espoused by the American Association of State Highway and Transportation Officials (AASHTO).

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