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Ritchie Bros. Sells Over $41MM of Equipment at Fort Worth, TX Auction

May 22, 2017, 07:02 AM
Filed Under: Auction News

Ritchie Bros. held its second Fort Worth, TX auction of the year this week, selling 3,800+ items over two days for US$41+ million.  More than 4,250 people from 59 countries registered to bid in the May 17 – 18 auction, including 2,900+ bidders participating online. U.S. buyers purchased 92 percent of the equipment, including 45 percent purchased by Texas buyers. International buyers from as far away as India, Thailand, and the United Arab Emirates purchased eight percent of the equipment.

"We continue to see optimism from contractors with promises of infrastructure spending coming from the government, resulting in good, solid pricing on construction equipment this week," said Dolan Aucoin, Sales Director, Ritchie Bros. "We also saw steady pricing for transportation equipment, particularly for trailers. I'd like to thank all our buyers and sellers this week—see you again in Houston on June 21 and 22."

Ritchie Bros. sold equipment for 570+ owners in the auction. Highlights included 390+ truck tractors, 480+ trailers, 100+ excavators, 95 skid steers, 70+ loader backhoes, 30+ dozers, a large selection of drilling equipment and more. All items were sold without minimum bids or reserve prices.

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