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

  • Major auction of construction machines planned for France
    January 14, 2015
    Canadian firm Ritchie Bros is planning a major auction for construction machines at its site in St Aubin sur Gaillon, France, on March 3rd 2015. The unreserved public auction will feature a large selection of heavy equipment items from several equipment owners, including major French contractor Eiffage Travaux Publics. The auction firm will sell all of the items without minimum bids or reserve prices. Bids can be made in the auction live in person, online and by proxy.
  • Rich pickings at Ritchie Bros auctions until end of year
    October 30, 2014
    A delayed mine expansion project has pushed thousands of new and used equipment onto the market to be sold by global auctioneers Ritchie Brothers by the end of the year. Steve Simpson, chief sales officer for Ritchie Bros., based in Vancouver, western Canada, said the company aims to sell more than 30,000 items at over 50 unreserved auctions around the world. Highlights include more than 950 compactors, over 800 excavators, as well as several hundred wheel loaders, crawler tractors, loader backhoes an
  • Sales success for auctions in Brisbane and Atlanta
    November 17, 2016
    Euro Auctions reports strong sales success at recent events it has run in Brisbane, Australia and Atlanta in the US. Both auctions showed customers keen to buy secondhand machines at healthy price levels according to the firm. In Atlanta, Georgia, USA Euro Auctions continues to benefit from a good demand for used machines. Its recent plant, machinery and vehicle sale in Atlanta in late October achieved sales of US$2.72 million. This represented a 25% increase in revenue from the firm’s previous sale, whi
  • Ritchie Bros. prepares for North Carolina auction
    December 5, 2012
    Ritchie Bros. was today due to stage its latest American unreserved public auction of construction equipment in Raleigh-Durham, North Carolina. Among the more than 560 items up for grabs were 20 articulated dump trucks; 25 wheeled loaders; seven motor graders; 14 hydraulic excavators; and five front shovels. Among featured equipment manufacturers are Caterpillar, Hitachi, John Deere, and Volvo CE. Auction goers were being urged to register to bid, either in person, by proxy or online in real time.