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Ritchie Bros Sells Over $59MM of Equipment at Fort Worth, TX Auction

July 22, 2016, 07:00 AM
Filed Under: Auction News

This week Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for US$59+ million over two days in Fort Worth (July 20-21, 2016). 

More than 4,600 people from 55+ countries registered to bid in the unreserved auction, including 3,100+ online bidders. Out-of-state buyers from as far away as Canada, Thailand and Poland purchased 56 percent of the equipment. Online buyers purchased 57 percent (US$33+ million) of the equipment.

"We had great attendance for both days of the auction," said Bill Hogan, Regional Sales Manager, Ritchie Bros. "The auction featured an excellent mix of equipment from all sectors. We achieved solid pricing throughout, seeing particularly strong pricing for drills, scrapers, wheel loaders, and backhoes."

Ritchie Bros. sold equipment for 580 owners. Highlights included 360+ truck tractors, 455 trailers, 105 excavators, 90+ skid steers, 70+ loader backhoes, 40+ dozers, 70+ flatbed trucks, 45+ dump trucks, and much more.

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