FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Ritchie Bros. Sells 3,400+ Items for Over $42MM in Fort Worth, TX

July 24, 2017, 07:00 AM
Filed Under: Auction News

Ritchie Bros. held its sixth Texas auction of the year on July 19 – 20th, selling 3,400+ equipment items and trucks for US$42+ million at its auction site in Fort Worth. Approximately 59 percent of equipment was sold to online buyers in two-day July auction

More than 3,975 people from 48 countries registered to bid in the live, unreserved public auction, including 2,850+ registering to bid online. U.S. buyers purchased 91 percent of the equipment, including 45 percent purchased by Texas buyers, while international buyers from as far away as Australia, Singapore, and the Ukraine purchased nine percent of equipment.
"With equipment continuing to be in short supply we saw strong prices in Fort Worth this week," said Bill Hogan, Regional Sales Manager, Ritchie Bros. "We had great attendance both days of the auction, with particularly strong participation from online buyers who purchased approximately 59 percent of equipment."
Ritchie Bros. sold equipment for 525+ owners in the Fort Worth auction. Highlights included 260+ truck tractors, 300 trailers, 100+ skid steers, 75+ loader backhoes, 65 dozers, 55+ excavators, and more. All items were sold without minimum bids or reserve prices.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.