Two-day auction attracts 5,900+ bidders from 56 countries;
approx. 64% of equipment sold online
FORT WORTH, TX, May 16, 2019 /CNW/ - More than 3,900 equipment
items and trucks were sold for US$51+ million in Ritchie Bros.' latest Fort Worth, TX auction, held this
week.
More than 5,900 people from 56 countries registered to bid in
the May 14 – 15, 2019 auction.
Approximately 89 percent of the items in the auction were purchased
by U.S. buyers, including 43 percent purchased by buyers from
Texas. International buyers from
such countries as Fiji,
Japan, and the Ukraine purchased 11 percent of the equipment.
Online buyers purchased 64 percent of the assets.
"We continue to see strong attendance for our live auctions in
Texas, with 23 percent more
bidders this week compared to the same auction last May," said
Neal Black, Regional Sales Manager,
Ritchie Bros. "We sold a real
diverse lineup of equipment this week for more than 630 owners,
including a great crane package from Sullivan's Crane & Rigging
that sold particularly well."
Mr. Black continued, "For anyone unable to get the equipment
they need in our Fort Worth event
this week, we have an online IronPlanet auction today (Thursday),
featuring 100 items located in Texas, as well as multiple upcoming live
events: in Houston on June 18 & 19; Fort
Worth on July 16 & 17, and
a two-day joint auction with Ritchie
Bros. Auctioneers and Kruse Energy in Midland, TX on July
23 & 24. Check out our websites rbauction.com and
IronPlanet.com for up-to-date information."
Equipment highlights in the Fort
Worth auction included 375+ truck tractors, 160+ aerial work
platforms, 85+ excavators, 65 loader backhoes, 60+ skid steers, 60+
flatbed trucks, 50 wheel loaders, 40+ dump trucks, 25+ dozers, and
more. All items were sold without minimum bids or reserve
prices.
Specific sales highlights:
- A 2014 Link-Belt ATC3210 210-ton 10x6x10 all-terrain crane sold
for US$870,000
- A 2011 Terex Demag AC250-1 300-ton 12x8x10 all-terrain crane
sold for US$740,000
- A 2007 Caterpillar 623G elevating motor scraper sold for
US$335,000
- A 2014 Caterpillar D8T dozer sold for US$210,000
- A 2012 Caterpillar 966K wheel
loader sold for US$205,000
- A 2013 Peterbilt 367 T/A w/ Manitex 35124S 35-ton boom truck
sold for US$177,500
- A 2012 Caterpillar 349E hydraulic excavator sold for
US$165,000
AUCTION QUICK FACTS: FORT WORTH,
TX (May 2019)
- Total gross transactional value – US$51+ million
- Amount sold to online bidders – US$32+ million (64
percent)
- Total registered bidders (in person and online) –
5,900+
- Registered online bidders – 4,750+
- Total lots sold – 3,900+
- Number of sellers – 630+
Ritchie Bros. currently has more
than 45,000 equipment items, trucks, and other assets listed for
sale through its various 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 number 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 the exclusive IronClad Assurance® equipment
condition certification; Marketplace-E, a controlled 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's suite of multichannel sales
solutions also includes RB Asset Solutions, a complete end-to-end
asset management and disposition system. Ritchie Bros. also offers sector-specific
solutions including GovPlanet, TruckPlanet, and Kruse Energy
Auctioneers, plus equipment financing and leasing through
Ritchie Bros.
Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
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SOURCE Ritchie Bros.
Auctioneers