File:ConstructionEquipmentAuction11-20-2008.jpg

Summary
Dozens of bidders gather around hydraulic excavators at an auction conducted by Vancouver-based Ritchie Bros., Perris, California, 18 November, 2008.

Sellers said they were purging their inventories to pull in operating capital. More than 2,000 pieces are expected to fetch a combined $20 million at the two-day auction.

Gina Ferazzi / Los Angeles Times, found at: Los Angeles Times, Copyright 2008 Los Angeles Times.