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Ritchie Bros. Sells $52MM+ of Equipment, Trucks in Fort Worth Auction

September 29, 2017, 07:01 AM
Filed Under: Auction News

Ritchie Bros. Auctioneers held a two-day auction at its site in Fort Worth, TX this week, selling 3,800+ equipment items and trucks for US$52+ million. Online buyers purchased approximately 58 percent of the equipment

More than 4,900 people from 55 countries registered to bid in the unreserved public auction on September 27 – 28, including 3,450+ registering to bid online. U.S. buyers purchased 90 percent of the equipment, including 47 percent purchased by Texas buyers, while international buyers from as far away as Singapore, Saudi Arabia, and Germany purchased 10 percent of the equipment.

"With a full auditorium and strong participation online, we achieved solid equipment and truck pricing on both days of the auction," said Neal Black, Regional Sales Manager, Ritchie Bros. "Along with large numbers of local and national buyers, we saw a lot of bids from international registrants in this auction, particularly bidders from Mexico, who were buyers or runner-up bidders on many items. We would like to thank all our consignors, bidders and buyers—we look forward to seeing you at our next auction."

Ritchie Bros. sold equipment for 645+ owners in the Fort Worth auction. Highlights included 285+ truck tractors, 295+ trailers, 135+ excavators, 115+ skid steers, 90 loaders, 70+ compactors, 45+ dozers, 75 flatbed trucks, 55 dump trucks, 85+ aerial work platforms, 20+ cranes, and more. All items were sold without minimum bids or reserve prices.

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