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

  • Terex trucks make epic tough trek
    June 21, 2016
    A fleet of 29 Terex Trucks recently made a journey of 20,800km by road, river and sea The machines were delivered to the site in Myanmar, to work in a particularly tough extraction operation. The fleet was delivered to a site in Kachin State in northern Myanmar, having been ordered by three local firms to carry blasted material haul distances of around 2km for processing. The three companies; Aung Hein Min Gems, Yar Za Htar Ne Gems and Myanmar Thura Gems contacted Yangon-based dealer Aung Hein Min
  • A variety of measures will increase demand for electric vehicles
    April 2, 2013
    A wide array of measures is being used around the world to encourage customers to buy electric vehicles. Customers are still proving reluctant in many markets to buy electric vehicles, with range concerns and purchase costs amongst the key. Nissan reports that sales of its sophisticated Leaf model (developed jointly with its partner Renault) have been sluggish in Europe, despite glowing reviews in various motoring magazines. In the UK one leading thinktank, the Institute for Public Policy Research (IPPR), h
  • Indian airport revamp sets record
    September 2, 2022
    The use of machines from Dynapac has helped deliver upgrade work at Ahmedabad Airport in India, while setting production records
  • Liebherr’s record-breaking sales in the US as delivery times improve and demand surges
    March 15, 2023
    2023 will be a challenging year according to Liebherr, with shortages of manpower and supply chain problems continuing to complicate its operations around the world.