Approximately 59 percent of equipment was sold to online buyers
in two-day July auction
FORT WORTH, TX, July 21, 2017 /CNW/ - Ritchie Bros. held its sixth Texas auction of the year on July 19 – 20 this week, selling 3,400+ equipment
items and trucks for US$42+ million at its auction site in
Fort Worth.
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.
Specific equipment sales highlights
- 10 Mack GU813 T/A mixer trucks sold for a combined US$1.317 million
- Four 2011 Caterpillar 772 50-ton rock trucks sold for a
combined US$760,000
- Two Caterpillar D8T crawler tractors sold for a combined
US$470,000
- A 2007 Terex AC140 170-ton 10x8x8 all-terrain crane sold for
US$305,000
- A 2015 Caterpillar D6T XW crawler tractor sold for US$220,000
- A 2006 Grove TMS900E 90-ton T/A T/A hydraulic truck crane sold
for US$215,000
- A 2013 Volvo A40F 6x6 articulated dump truck sold for
US$195,000
- A 2014 Caterpillar 140M2 motor grader sold for US$155,000
- A 2011 Caterpillar 349EL hydraulic excavator sold for
US$150,000
- A 2014 Peterbilt 389 sleeper truck tractor sold for
US$125,000
AUCTION QUICK FACTS: FORT WORTH,
TEXAS – July 19 – 20,
2017
- Total Gross Auction Proceeds – US$42+ million
- Amount sold to online bidders – US$24+ million (59
percent)
- Total registered bidders (in person and online) –
3,975+
- Registered online bidders – 2,850+
- Total lots sold – 3,400+
- Number of sellers – 525+
Ritchie Bros. currently has more
than 30,000 equipment items, trucks, and other assets listed for
sale in its upcoming onsite unreserved auctions, IronPlanet weekly
online auctions and its other marketplaces. For those looking to
sell, we are now accepting consignments for our next Texas auction in Houston on August
23 – 24, and are always accepting consignments for our
IronPlanet online marketplaces.
For a complete list of upcoming auctions and equipment
available, visit rbauction.com, ironplanet.com, and
equipmentone.com.
About Ritchie
Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global
asset management and disposition company, offering customers
end-to-end solutions for buying and selling used heavy equipment,
trucks and other assets. Operating in a multitude of sectors,
including construction, transportation, agriculture, energy, oil
and gas, mining, and forestry, the company's selling channels
include: Ritchie Bros.Auctioneers,
the world's largest industrial auctioneer offers live auction
events with online bidding; IronPlanet, an online marketplace with
featured weekly auctions and providing its exclusive IronClad
Assurance® equipment condition certification; EquipmentOne, an
online auction marketplace; Mascus, a leading European
online equipment listing service; and Ritchie Bros. Private Treaty, offering privately
negotiated sales. The company also offers sector-specific solutions
including GovPlanet, TruckPlanet, Kruse Energy Auctioneers, and
Cat® auctions, plus equipment financing and leasing
through Ritchie Bros. Financial
Services. For more information about the unprecedented choice
provided by Ritchie Bros., visit
RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
SOURCE Ritchie Bros.