More than 5,200 equipment items and trucks sold for 650+ owners
in two-day Texas auction
FORTH WORTH, Texas,
Oct. 1, 2020 /PRNewswire/ -
Ritchie Bros. put on another big
auction in Fort Worth, TX this
week, selling more than 5,200 equipment items and trucks over two
days for US$68+ million.
More than 11,300 bidders from 72 countries registered for the
September 29 – 30 auction, which was
conducted entirely online due to COVID-19. Approximately 64 percent
of the assets were purchased by out-of-state and international
buyers, from as far away as Australia, Egypt, and Germany.
"We continue to see record numbers of bidders in 2020—with this
September's attendance up 64 percent from the same auction last
year," said Neal Black, Regional
Sales Manager, Ritchie Bros. "This
week's auction had a great selection of yellow iron, but the trucks
proved to be the real star of the show. In just one day we sold
more than 650 truck tractors, with pretty strong prices throughout.
This included a large consignment of trucks from B.J. Services, one
of the largest pure-play pressure pumping companies in North America."
Equipment highlights in the auction also included 400+ transport
trailers, 120+ excavators, 95+ flatbed trucks, 75+ skid steer
loaders, as well as ag tractors, dozers, and dozens of pickups.
Sales highlights from Fort
Worth:
- A 2011 Link-Belt 218HSL 110-ton crawler crane sold for
US$340,000
- A 2004 Caterpillar D7R XR Series II dozer sold for US$250,000
- A 2015 Caterpillar 745C 6x6 articulated dump truck sold for
US$190,000
- A 2020 Volvo VNL760 sleeper truck tractor sold for US$112,000
- A 2017 Peterbilt 389 sleeper truck tractor sold for
US$110,000
AUCTION QUICK FACTS: FORT WORTH,
TX (September 2020)
- Total gross transactional value – US$68+ million
- Total registered bidders – 11,300+
- Total lots sold – 5,200+
- Number of consignors – 650+
Ritchie Bros.' next Texas auction will be held in Houston on November
10 – 11, 2020. The next Fort
Worth auction will be held in December. For more information
about Ritchie Bros., visit
RitchieBros.com. To learn more about equipment pricing and trends,
sign up for Ritchie Bros. Market
Trends summary reports at
ritchiebros.com/market-trends-report.
About Ritchie
Bros.:
Established in 1958, Ritchie Bros. (NYSE: RBA) 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 number 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 the exclusive IronClad
Assurance® equipment condition certification; Marketplace-E, a
controlled marketplace offering multiple price and timing options;
Mascus, a leading European online equipment listing service;
and Ritchie Bros. Private
Treaty, offering privately negotiated sales. The company's
suite of multichannel sales solutions also includes Ritchie Bros. Asset Solutions, a complete
end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific
solutions including GovPlanet, TruckPlanet, and Kruse
Energy, plus equipment financing and leasing through
Ritchie Bros.
Financial Services. For more information about
Ritchie Bros., visit
RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
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SOURCE Ritchie Bros.