Ritchie Bros. Sells More Than $60MM of Equipment Auction in Fort Worth, TX



Ritchie Bros. held its second Fort Worth, TX, auction of the year, selling more than $60 million of equipment and trucks for more than 700 consignors. The three-day online auction yielded year-over-year gross transaction value growth of approximately 9%.

More than over 11,100 bidders from more than 60 countries registered to participate in the online auction, which was held from May 17 to May 19, with approximately 93% of the equipment purchased by buyers from the United States, including 38% by buyers from Texas. The remaining 7% of the assets were purchased by international buyers from countries such as Brazil, Thailand and Australia.

“We saw a ton of interested buyers come through our auction yard leading up to the event, inspecting and testing items in person prior to bidding from their home, office or mobile phone,” Chuck Roberson, regional sales manager at Ritchie Bros., said. “We continue to drive strong pricing for late-model equipment, including an unused 2022 K-Tec scraper pan that sold for $205,000, with 100% of the proceeds donated by the OEM to Habitat for Humanity. Thank you to all our consignors and buyers for continuing to put your trust in Ritchie Bros. We hope to see many of you at our site in July for our next big Fort Worth event. I encourage interested sellers to contact us today so we can begin marketing your assets to the world.”

Five Big Sellers

  • 2019 Komatsu PC650LC-11 hydraulic excavator – $570,000
  • 2019 Kenworth T880 Manitex TC50155HL 50-ton straight boom truck – $410,000
  • 2008 Grove GMK 6220L 12x8x10 all-terrain crane – $400,000
  • 2017 Case Steiger 580 4WD tractor – $212,500
  • 2019 Kenworth W900 6×4 twin-axle truck tractor – $157,500

Auction Quick Facts

  • Gross transaction value: More than $60 million
  • Items: More than 4,350
  • Bidders: More than 11,100
  • Consignors: More than 700


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Terry Mulreany
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