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Ritchie Bros. Conducts Largest Texas Auction, Sets Online Sales Record

September 25, 2015, 07:00 AM
Filed Under: Auction News

Ritchie Bros. (NYSE:RBA), conducted its largest ever Texas auction this week, selling US$70+ million of heavy equipment and trucks at its permanent Fort Worth auction site. The two-day unreserved public auction on September 23 – 24, 2015, also set a new Texas record for online sales (US$34+ million) and attracted 4,325+ bidders, including 2,675+ online bidders, from 55 countries. Bids were made in person, online at and by proxy.

"We saw strong participation onsite and online from around the world in this week's Fort Worth auction, helping us achieve record sales," said Dolan Aucoin, Regional Sales Manager, Ritchie Bros. "Approximately 70 percent of the equipment was purchased by out-of-state buyers from as far away as Germany, Thailand and Kuwait. The transportation crowd was out in particularly large numbers for Day Two of the auction and were very active in their bidding. We had a large selection of late model trucks, trailers and cranes in this sale and pricing was strong on all three."

More than 3,775 equipment items were sold in the auction, including 500+ trailers, 425 truck tractors, 70+ excavators, 70 loader backhoes, 45 wheel loaders, 45+ cranes, 35+ crawler tractors, 100+ scissor lifts, 80 boom lifts, 45+ dump trucks, as well as equipment for the agriculture and oil & gas sectors.

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