Two-day Fort
Worth auction attracts 5,850+ bidders from 58 countries to
bid on 4,150+ items
FORT WORTH, TX, Dec. 13, 2018 /PRNewswire/ - Ritchie Bros. finished strong with its tenth and
final Texas auction of 2018,
selling 4,150+ equipment items and trucks for US$60+ million in
Fort Worth over two
days.
More than 5,850 people from 58 countries registered to bid in
the December 11 – 12, 2018 auction,
including 4,500+ people registering to bid online. U.S. buyers
purchased approximately 93 percent of the equipment, including 43
percent purchased by Texas buyers,
while international buyers from such countries as Spain, India,
and Thailand purchased seven
percent of the equipment. Online buyers purchased approximately 60
percent of the assets.
"We had a great selection of equipment and strong attendance
here in Fort Worth this week,
resulting in our largest auction of the year and our largest-ever
December auction—up approximately 20 percent from last year's
record," said Neal Black, Regional
Sales Manager, Ritchie Bros. "Demand
for yellow iron continues to be high and we had a huge selection of
transportation equipment—including 565 truck tractors—that also
sold very well."
"On behalf of everyone from Ritchie
Bros., I would like to thank all our consignors and buyers
in 2018. Our first Fort Worth
auction of 2019 will be in March and we have our IronPlanet online
auctions every Thursday."
Specific sales highlights included:
- Five Freightliner SD122 Coronado tri-drive W/ Manitex 5096S boom
trucks sold for a combined US$1+ million
- Two Volvo A40G 6x6 articulated dump trucks sold for a combined
US$620,000
- Four Freightliner 108SD Super 18 dump trucks sold for a
combined US$415,000
- A 2010 Caterpillar D8T dozer sold for US$307,500
- A 2013 Grove RT765E-2 65-ton 4x4 rough terrain crane sold for
US$260,000
- A 1998 Vince Hagan HT10400D wet concrete batch plant sold for
US$255,000
- A 2014 Volvo 9700 54-passenger T/A bus sold for US$145,000
- A 2016 Mack CHU613 day cab truck tractor sold for US$120,000
AUCTION QUICK FACTS: FORT WORTH,
TEXAS (December 2018)
- Total gross transactional value – US$60+
million
- Amount sold to online bidders – US$36+ million (60
percent)
- Total registered bidders (in person and online) –
5,850+
- Registered online bidders – 4,500+
- Total lots sold – 4,150+
- Number of sellers – 575
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-us60-million-of-equipment-in-its-largest-texas-auction-of-2018-300764914.html
SOURCE Ritchie Bros.
Auctioneers