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

  • Advanced excavator range
    February 9, 2012
    Turkish firm Hidromek is serious about its plans for the future and is gearing up production of its excavator range. High performance is claimed by the firm for its machines, which feature sophisticated electronics and hydraulics as well as the latest low emission engines.
  • Don't buy, subscribe instead... and stay ahead of the pack
    September 19, 2024
    The traditional way of doing things is to own the construction equipment you need on site. You can buy, or you can rent. You mix and match your technology needs with what is happening on site and your costs go up and down accordingly. However, a new model is emerging: Subscriptions. Take out a flat-fee plan and let someone else make sure you can get access to the latest thinking and the cleverest technology. Pete Kennedy reports.
  • Low temperature asphalt and aggregate options’
    February 7, 2014
    At what point does ‘some technology’ become ‘enough technology’? Less than four years ago industry publications were filled with a persistent message, the reluctance of UK based contractors to adopt machine control to the same extent as near European neighbours, particularly close ones such as Ireland and Holland. However from 2009 onwards we have seen a huge shift in demand for machine control as the success of high profile road and rail jobs such as the M25 widening scheme and Airdrie – Bathgate rail
  • EAPA’s 10th Symposium: sustainability and communication issues
    July 19, 2017
    Sustainability and the highways sector’s image issue were two major themes at the 10th symposium of the European Asphalt Paving Association in Paris. Margo Cole reports. Sustainability was explicit or implicit in many presentations during EAPA’s biennial symposium for the paving supply chain. The industry feels that sustainability is its home territory, thanks to an already good – and getting even better - record of recycling of materials. But do buyers and users of roads realise that the design and contrac