Ritchie Bros. Auctioneers sold 16,000+ equipment items, trucks and vehicles at its Feb. 17 – 21 global auction event in Orlando, FL, generating $250+ million in gross transaction value (GTV).
Approximately 88% of the equipment sold to U.S. buyers, including 23% purchased by Floridians. The remaining 12% of the equipment was purchased by international buyers from as far away as Australia, Singapore and Israel.
Featured equipment sold during the auction includes:
2007 Liebherr LTM 1400-7.1 500 ton All Terrain Crane
Sold for $910,000 to a buyer in North Dakota
Physical Selling Location: St. Louis, Missouri
2023 Cat 395 VG Tracked Excavator
Sold for $900,000 to a buyer in Florida
Physical Selling Location: Davenport, Florida (Orlando Site)
2020 Kenworth T880 T/A Truck Tractor
Sold for $117,500 to a buyer in Virginia
Physical Selling Location: Davenport, Florida (Orlando Site)
“I want to offer a huge thank you to our customers participating onsite and online for providing the largest selection of equipment available for sale at one time and making this year’s premier global auction in Orlando a major success,” Jeff Jeter, chief revenue officer at RB Global, said. “With 16,000+ equipment items sold between our Orlando lot and through our Virtual Sales Option featuring IronClad Assurance, we continue to grow our global buyer base and provide valuable returns to our sellers. We also saw strong engagement from customers onsite looking to take advantage of our value-added services, like VeriTread and Ritchie Bros. Financial Services, to transport or finance the equipment they were purchasing at the Orlando sale.”
