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

  • AEMP Symposium tackles telematics, finance and Tier 4
    August 28, 2012
    The Association of Equipment Management Professionals (AEMP) will tackle the important issues of telematics, finance and Tier 4 engine emissions during its annual Asset Management Symposium (AMS). The two-day US-based AMS, a leading educational and networking event for asset management professionals, takes place in Louisville, Kentucky, on 30 and 31 October, 2012.
    Read More
  • Sophisticated machine control for slipforming
    March 10, 2021
    The use of 3D stringless controls in large concrete paving work is very well established. However, the lower cost of these systems means that the technology is now being used widely for smaller slipforming works, such as kerbing or drain construction
    Read More
  • Work begins on Stockholm’s new bypass
    August 22, 2016
    The first tunnels are being excavated for the huge bypass tunnel in Sweden’s capital Stockholm – Adrian Greeman writes. After years of preparation and design, blasting and rock moving for Sweden's largest infrastructure project began south of the city this year. It sets in train a decade-long project that will create a new half-ring dual three-lane motorway for the city, 20km long. With most of it deep underground, it will also be one of Europe's largest ever road tunnels. The scheme is aimed at transformin
    Read More
  • bauma CONEXPO India underlines a turnaround
    December 15, 2016
    Business transactions, high-quality trade visitors and more participants than in 2014 mark out this year’s bauma CONEXPO India which took place at HUDA Ground in Delhi from December 12-15. More than 31,000 participants and 647 exhibitors - of which 57% were international companies from 30 countries - came to the fourth International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles, which occupied a total of 150,000m². Igor Palka, chief execut
    Read More

Highlighted Content