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Ritchie Bros. Sells Over $54MM of Equipment at Fort Worth Auction

September 23, 2016, 07:02 AM
Filed Under: Auction News

With thousands of buyers from around the world participating in Ritchie Bros.' eighth Texas auction of the year, Ritchie Bros. sold more than 4,400 equipment items and trucks for US$54+ million over two days in Fort Worth (Sept 21-22, 2016).

More than 4,200 people from 55+ countries registered to bid in the unreserved auction, including 2,900+ online bidders. Out-of-state and international buyers from as far away as Australia, Italy and Vietnam purchased 50 percent of the equipment. Online buyers purchased 47 percent (US$26+ million) of the equipment.

"We had very good attendance with steady sales across the board," said Bill Hogan, Regional Sales Manager, Ritchie Bros. "We saw an uptick in wheel loaders while boom trucks also did very well. Lifting and material handling had a very good day, with a couple of late-model German cranes that sold for over a million dollars each. We're pleased that we were able to attract local and global buyers while delivering solid results for consignors."

Ritchie Bros. sold equipment for 519 owners. Highlights included 320+ truck tractors, 50+ trailers, 100 excavators, 115+ skid steers, 85+ forklifts, 80+ loader backhoes, 80 compactors, 35+ dozers, 40+ flatbed trucks, 20 boom trucks, 10+ cranes, and much more.

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