Two-day auction sets new site records for sales, as well as
number of bidders, sellers and lots
FORT WORTH, TX, March 17, 2017 /CNW/ - As the dust settled after
two action-packed days at Ritchie Bros.' Fort Worth auction site (March 15-16), the sales figures and turnout
revealed the company's largest-ever Texas auction. More than 5,675 people
registered to bid in person and online, purchasing 6,250+ equipment
items and trucks for US$75+ million.
Approximately 45 percent (US$33+ million) of the equipment in
the auction was sold to online bidders. U.S. buyers purchased
US$69+ million of equipment (92 percent), including US$33+ million
sold to Texas buyers (45 percent).
International buyers purchased eight percent.
"We've started strong in Texas
with a great Houston auction in
February and now a record-breaker here in Fort Worth," said Dolan Aucoin, Sales Director, Ritchie Bros. "We
had a packed house in Fort Worth
this week, with very active bidding and solid pricing on the
record-setting selection of equipment and trucks available. As a
result, we set a new Texas record
for gross auction proceeds, and were up 32 percent over the same
auction last year. I'd like to offer a huge thank you to all the
sellers and buyers who took part in this historic auction."
Ritchie Bros. sold equipment for a site record 690+ sellers,
including 100+ hydraulic excavators, 600+ vocational trucks, 670+
trailers, and a large selection of oil & gas equipment.
Specific sales highlights:
- Four 2011 Grove RT890E 90 ton 4x4x4 rough terrain cranes sold
for a combined US$1.18 million
- Five 1998 Caterpillar 583R pipelayers sold for a combined
US$1.55 million
- A 2008 American Augers DD440 portable directional drill sold
for US$700,000
- A 2012 Caterpillar 623H elevating motor scraper sold for
US$390,000
- A 2010 Caterpillar D8T dozer sold for US$310,000
Auction quick facts: Fort Worth,
TX (March 2017)
- Gross auction proceeds – US$75+ million *new site
record
- Amount sold to online bidders – US$33+ million
- Total registered bidders (onsite and online) – 5,675+
*new site record
- Online registered bidders – 3,800+ *new site
record
- Number of lots sold – 6,250+ *new site
record
- Number of sellers – 690+ *new site record
Ritchie Bros. has dozens of auctions on its upcoming auction
calendar at rbauction.com, including its next Houston, TX on April
19 – 20, 2017. The company's next Fort Worth auction will be held in
May 2017; contact the site at
+1.817.237.6544 to consign your equipment.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the
world's largest industrial auctioneer, and one of the world's
largest sellers of used equipment for the construction,
transportation, agriculture, energy, mining, forestry and other
industries. Ritchie Bros.TM asset management and
disposition solutions include live unreserved public auctions with
on-site and online bidding;
EquipmentOneTM, an online auction
marketplace; Mascus, a global online equipment listing
service; private negotiated sales through Ritchie Bros. Private
Treaty; and a range of ancillary services, including financing
and leasing through Ritchie Bros. Financial Services. Ritchie Bros.
has operations in 19 countries, including 45 auction sites
worldwide. Learn more at rbauction.com, EquipmentOne.com,
mascus.com, rbauction.com/privatetreaty and
rbauction.com/financing.
Photos and video for embedding in media stories are
available at rbauction.com/media.
SOURCE Ritchie Bros.