Two-day auction attracts 5,000+ bidders from 52
countries; 51% of equipment sold to online buyers
FORT WORTH, TX, Sept. 27,
2018 /CNW/ - This week, Ritchie
Bros. was back in Texas for
its fourth Fort Worth auction of
the year, selling US$50+ million of equipment and trucks for 600+
consignors.
More than 5,000 people from 52 countries registered to bid in
the September 25 – 26, 2018 auction,
including 3,650 people registering to bid online. U.S. buyers
purchased approximately 90 percent of the equipment, including 47
percent purchased by Texas buyers,
while international buyers from such countries as Mexico, Australia and the United Kingdom purchased 10 percent of the
equipment. Online buyers purchased 51 percent of the
assets.
"Following up on the strong numbers we saw in Houston in August and equipment sold in our
recent weekly IronPlanet auctions, we had another great
Texas auction this week in
Fort Worth," said Neal Black, Regional Sales Manager, Ritchie Bros. "We had a great selection of
late-model yellow iron in the auction that performed very well. We
also saw strong pricing for transportation gear, including a
package of more than 80 like-kind pneumatic bulk trailers that
exceeded expectations."
More than 3,850 equipment items were sold in the Fort Worth auction, including 310+ truck
tractors, 100+ skid steers, 85+ excavators, 65+ compactors, 60+
loader backhoes, 45+ dozers, as well as cranes, oil and gas-related
equipment and more. All items were sold without minimum bids or
reserve prices.
AUCTION QUICK FACTS: FORT WORTH,
TEXAS (September 2018)
- Total gross transactional value – US$50+ million
- Amount sold to online bidders – US$25+ million (51
percent)
- Total registered bidders (in person and online) –
5,000+
- Registered online bidders – 3,650
- Total lots sold – 3,850+
- Number of sellers – 600+
Ritchie Bros. currently has more
than 40,000 equipment items, trucks, and other assets listed for
sale in its upcoming onsite unreserved auctions, IronPlanet weekly
online auctions, Marketplace-E and its other marketplaces. For a
complete list of upcoming auctions and equipment available, visit
rbauction.com and ironplanet.com.
About Ritchie
Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global
asset management and disposition company, offering customers
end-to-end solutions for buying and selling used heavy equipment,
trucks and other assets. Operating in a multitude of sectors,
including construction, transportation, agriculture, energy, oil
and gas, mining, and forestry, the company's selling channels
include: Ritchie Bros.Auctioneers,
the world's largest industrial auctioneer offers live auction
events with online bidding; IronPlanet, an online marketplace with
featured weekly auctions and providing its exclusive IronClad
Assurance® equipment condition certification; Marketplace-E,
an online marketplace offering multiple price and timing options;
Mascus, a leading European online equipment listing service; and
Ritchie Bros. Private Treaty,
offering privately negotiated sales. The company also offers
sector-specific solutions including GovPlanet, TruckPlanet, Kruse
Energy Auctioneers, and Cat® auctions, plus
equipment financing and leasing through Ritchie Bros. Financial Services. For more
information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
View original
content:http://www.prnewswire.com/news-releases/ritchie-bros-sells-us50-million-of-equipment-in-september-fort-worth-tx-auction-300720064.html
SOURCE Ritchie Bros.
Auctioneers