Skip to main content

Auction firm Ritchie Bros breaks sales record

Auction specialist Ritchie Bros has sold over US$44 million of equipment at a sale in Fort Worth, Texas. According to the firm, site records for registered bidders and online bidders were set as more than 3,100 heavy equipment items and trucks were sold during the two-day heavy equipment auction at Fort Worth. New auction site records were set for total registered bidders with more than 3,900 and total online bidders, in excess of 2,300. "This auction offered one of the largest quantities of high-quality la
March 7, 2013 Read time: 2 mins
Auction specialist 318 Ritchie Bros has sold over US$44 million of equipment at a sale in Fort Worth, Texas. According to the firm, site records for registered bidders and online bidders were set as more than 3,100 heavy equipment items and trucks were sold during the two-day heavy equipment auction at Fort Worth. New auction site records were set for total registered bidders with more than 3,900 and total online bidders, in excess of 2,300. "This auction offered one of the largest quantities of high-quality late-model equipment that I have seen at our auctions here in Fort Worth," said Adam Kawulok, regional sales manager, Ritchie Bros Auctioneers. People from more than 60 countries including 48 US states, nine Canadian provinces and one Canadian territory, registered to bid in person or online in real time at the auction. Bidders from outside Texas purchased more than US$24 million, some 55% of total gross auction proceeds. More than 2,300 of the bidders taking part in the auction registered to bid online and purchased more than US$19 million of equipment online, some 43% of total gross auction proceeds.

Related Content

  • Optimism for M&T Expo 2012 show
    May 30, 2012
    M&T Expo 2012, the 8th International Exhibition of Construction Equipment and 6th International Exhibition of Mining Equipment, has opened in São Paulo, Brazil’s biggest city. It is the largest trade show for the construction and mining industries in Latin America. According to M&T Expo promoter Sobrameta (the Brazilian Association of Technology for Equipment and Maintenance) the prevailing tone at the opening ceremony was one of optimism among the leaders in the two segments of industry. Sobratema is expe
  • Easing temporary highway danger
    February 22, 2013
    Some of the latest speedometer technology has been successfully trialled in French highway work zones, while tireless work continues across Europe and the United States to reduce the number of work zone deaths and serious injuries involving road workers and motorists. Guy Woodford reports The number of roadworkers being killed and seriously injured on England’s motorways and major trunk roads more than doubled between 2007 and 2010 – from no deaths and 14 serious injuries. This rise has led to to major camp
  • Hewden report success of their Core Fleet Guarantee and Invests £61 Million
    November 5, 2013
    Hewden, the UK-based national plant hire specialist, is enjoying booming demand for its 10-month-old Core Fleet Guarantee scheme which offers a next day-delivery service on the 30 most popular hired plant and access machines in its fleet. Launched in February this year, 20,363 deliveries have been made to date with 20,115 going through on time … a success rate of 98.78%.
  • Cummins sets new quarterly record
    November 6, 2023
    The US-headquartered global off-highway machine engine giant posted a 15% year-on-year revenue rise to US$8.4 billion.