Jearle and Tammy Nichols operate Nichols Equipment in Yellville, Ark. They were shopping dozers like this Case 85K at Ritchie Bros.’ Fort Worth sale.
Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, Texas.
More than 4,750 people from 59 countries registered to bid in the May 15 to 16, 2018, event, including more than 3,450 people registering to bid online. United States buyers purchased approximately 87 percent of the equipment, including 49 percent purchased by Texas buyers, while international buyers from such countries as Mexico, Thailand and New Zealand purchased 13 percent of the equipment. Online buyers purchased 54 percent of the assets.
“We had a great turnout this week — with attendance up approximately 12 percent year over year — resulting in strong pricing across most equipment categories,” said Dolan Aucoin, sales director, 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.
“We would like to thank all our buyers and sellers in Fort Worth this week; and encourage equipment buyers to check out the more than 1,000 items being sold online through IronPlanet.com.”
In total, Ritchie Bros. sold more than 3,750 items for more than 565 owners in Fort Worth. Highlights included more than 300 truck tractors; more than 120 excavators; more than 95 skid steers; more than 55 loader backhoes; more than 50 compactors; more than 40 wheel loaders; more than 35 dozers; as well as cranes; oil and gas-related equipment; and more. All items were sold without minimum bids or reserve prices.
Specific Sales Highlights
A 2007 Kobelco CK2500 II 250-ton crawler crane sold for $760,000;
three Caterpillar 140M2 VHP plus motor graders sold for a combined $392,500;
two Komatsu D155AX-7 dozers sold for a combined $385,000;
a 2011 Caterpillar D8T dozer sold for $250,000;
a 2011 Peterbilt 367 with Manitex 5096S 50-ton boom truck sold for $180,000; and
a 2013 Kobelco SK350-9 hydraulic excavator sold for $132,500.
Auction Quick Facts
Total gross transactional value — more than $44 million
Amount sold to online bidders — more than $24 million (54 percent)
Total registered bidders (in person and online) — more than 4,750
Registered online bidders — more than 3,450
Total lots sold — more than 3,750
Number of sellers — more than 565
Ritchie Bros. currently has more than 40,000 equipment items, trucks, and other assets listed for sale in its upcoming onsite unreserved auctions, IronPlanet weekly online auctions, Marketplace-E and its other marketplaces.
For more information, visit rbauction.com and ironplanet.com.