Warehousing

Ritchie Bros will conduct one more auction at its Edmonton auction site before the end of 2009. Local, national and international buyers purchased more than 4,540 lots during last week’s unreserved public auction, including a large selection of late model oilfield and construction equipment. The auction attracted more than 6,200 on-site and online bidders from 21 countries. Online bidders purchased more than CA$15 million (US$14 million) of equipment (25 percent).

As per the MoU, SSLL, a leading player in the agri-logistics sector, will provide warehousing and logistics support to all market participants of NSPOT in storage & preservation of goods, testing and certifications, arranging finance against the stock lying with them as well as its delivery from SSLL and other NSPOT accredited warehouse/delivery centers, benefiting farmers and traders.

China’s Sichuan province is expecting a bumper harvest this season and efforts were in full swing to store all harvested grains safely this time.