At its auction this week in Fort Worth, Ritchie Bros. sold more than $70 million of equipment and trucks, a record for the industrial auctioneer’s Texas auctions. The two-day unreserved public auction on Wednesday and Thursday also set a new Texas record for online sales, attracting bidders from 55 countries.
Approximately 70 percent of the equipment was purchased by out-of-state buyers from as far away as Germany, Thailand and Kuwait. According to Friday’s press release, the transportation crowd was out in particularly large numbers and were very active in their bidding for the large selection of late model trucks, trailers and cranes in this sale.
More than 3,775 equipment items were sold in the auction, including more than 500 trailers, 425 truck-tractors, plus many excavators, backhoes, cranes, boom lifts, dump trucks, as well as equipment for the agriculture and oil and gas sectors.
Ritchie Bros. will conduct 90-plus more live unreserved auctions in 2015, including three in Texas: in El Paso on Nov. 4, in Houston on Nov. 11-12, and in Fort Worth on Dec. 2-3. Full auction and equipment information can be found online at rbauction.com.
Established in 1958, Ritchie Bros. is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries.
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