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

  • Weighty matters for developing countries
    November 6, 2012
    One leading Weigh in Motion technology manufacturer is helping governments in developing countries reduce excessive road damage, while several others have seen their latest WIM systems recently used on the highways of Eastern Europe. Guy Woodford reports Recent Central Weighing WIM installations in Bangladesh are helping its national government reduce the financial burden of excessive road damage, while also protecting many bridges that are vital to transport and trade. The need for such installations was e
  • Safe road successes
    February 29, 2012
    According to the latest data from the International Transport Forum, there has been a steep decline in road deaths during first decade of 21st century in 33 countries.
  • Italian machine sales slump
    October 15, 2020
    Italian construction and site vehicle machinery sales forecast to be down by at least 8.7% in the second half of 2020, after a 20% reduction in the first half of the year.
  • Liebherr open new sales and service centre in Miami, Florida
    September 25, 2013
    More than 300 invited customers and guests attended the grand opening of Liebherr’s new sales and service centre in Miami, Florida. The new state-of-the-art facility will serve as a major hub for Liebherr’s maritime cranes division and will further strengthen business relations with Central and South America and the Caribbean region. In terms of logistics, the sales and service centre is said to be ideally located: the port of Miami and Miami International Airport are in close proximity to the new