Ritchie Bros. Sells $44MM of Equipment at Fort Worth Auction



Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, TX.

More than 4,750 people from 59 countries registered to bid in the May 15 – 16, 2018 event, including 3,450 people registering to bid online. U.S. buyers purchased approximately 87% of the equipment, including 49% purchased by Texas buyers, while international buyers from such countries as Mexico, Thailand and New Zealand purchased 13% of the equipment. Online buyers purchased 54% of the assets.

“We had a great turnout this week, with attendance up approximately 12% year over year, resulting in strong pricing across most equipment categories,” said Dolan Aucoin, sales director for Ritchie Bros. “Speaking with contractors at the auction, many of them have a nice backlog of projects which is keeping demand high at our auctions. We also saw solid pricing on the transportation gear and oilfield-related equipment featured in the auction.”

In total, Ritchie Bros. sold 3,750 items for 565 owners in Fort Worth this week. Highlights included 300 truck tractors, 120 excavators, 95 skid steers, 55 loader backhoes, 50 compactors, 40 wheel loaders, 35 dozers, as well as cranes and oil and gas-related equipment. All items were sold without minimum bids or reserve prices.


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Terry Mulreany
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