This week's two-day auction set a new December sales record for
the Fort Worth site
FORT WORTH, TX, Dec. 15,
2017 /PRNewswire/ - This week Ritchie
Bros. sold 4,100+ equipment items and trucks for US$50+
million at its unreserved auction in Fort
Worth, TX, setting a new December sales record for the
site.
More than 5,000 people from 60 countries registered to bid in
the auction on December 13 – 14,
2017, including 3,500+ people registering to bid online. U.S.
buyers purchased 91 percent of the equipment, including 40 percent
purchased by Texas buyers, while
international buyers from as far away as India, Italy,
and Vietnam purchased nine percent
of the equipment. Online buyers purchased 56 percent of the
equipment.
"We had a great auction this week—our largest sale ever in
December—with an uptick in pricing in most equipment categories,"
said Neal Black, Regional Sales
Manager, Ritchie Bros. "We saw
particularly strong pricing for the nice forestry package in the
auction, which sold to buyers across the country and into
Canada. We also saw good prices
for the massive selection of transportation assets in the
sale."
Neal Black continued, "We'd like
to thank all the buyers and sellers that participated in our
Fort Worth auctions this year—from
our site's largest auction ever in March to our site's largest
December auction ever."
Ritchie Bros. sold equipment for
575+ owners in the Fort Worth
auction. Highlights included 450+ truck tractors, 390+ trailers,
225+ aerial work platforms, 95+ excavators, 65 compactors, 55+ skid
steers, 55 loader backhoes, 50+ flatbed trucks, 45+ dump trucks,
35+ loaders, and 15+ dozers. All items were sold without minimum
bids or reserve prices.
Specific equipment sales highlights
- Two 2015 Kenworth T800 12x6x4 w/ Manitex TC700 70-ton boom
trucks sold for a combined US$650,000
- A 2015 Peterson 4710B crawler
horizontal grinder sold for US$365,000
- Two Caterpillar 938M wheel
loaders sold for a combined US$355,000
- A 2016 Tigercat 635E 6x6 grapple skidder sold for US$315,000
- Two Terex TA300 6x6 articulated dump trucks sold for a combined
US$260,000
- A 2013 Tesmec TRS1375 crawler bucket wheel rock saw sold for
US$230,000
AUCTION QUICK FACTS: FORT WORTH,
TEXAS – December 13 – 14,
2017
- Total gross transactional value – US$50+ million
- Amount sold to online bidders – US$28+ million (56
percent)
- Total registered bidders (in person and online) –
5,000+
- Registered online bidders – 3,500+
- Total lots sold – 4,100+
- Number of sellers – 575+
Ritchie Bros. currently has more
than 30,000 equipment items, trucks, and other assets listed for
sale in its upcoming onsite unreserved auctions, IronPlanet weekly
online auctions 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;
Marketplacee, 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.
SOURCE Ritchie Bros.
Auctioneers