Ritchie Bros. Sells $75MM Worth of Equipment at Fort Worth Auction

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Ritchie Bros. reported that during its Fort Worth, TX auction more than 5,675 people registered to bid in person and online, purchasing 6,250 equipment items and trucks for roughly $75 million.

Approximately 45% ($33 million) of the equipment in the auction was sold to online bidders. U.S. buyers purchased $69 million of equipment (92%), including $33 million sold to Texas buyers (45%). International buyers purchased 8%.

“We’ve started strong in Texas with a great Houston auction in February and now a record-breaker here in Fort Worth,” said Dolan Aucoin, sales director, Ritchie Bros. “We had a packed house in Fort Worth this week, with very active bidding and solid pricing on the record-setting selection of equipment and trucks available. As a result, we set a new Texas record for gross auction proceeds, and were up 32 percent over the same auction last year. I’d like to offer a huge thank you to all the sellers and buyers who took part in this historic auction.”

Ritchie Bros. sold equipment for a site record 690 sellers, including 100 hydraulic excavators, 600 vocational trucks, 670 trailers and a large selection of oil and gas equipment.

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