Sales Top $59M at Ritchie Bros. Fort Worth Auction

Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for more than $59 million over two days in Fort Worth, Texas, from July 20-21, 2016.

📅   Mon August 08, 2016 - West Edition
CEG


Mark Pentz, the Calvin Group Inc. of Windsor, Colo., arrived at the auction well before the bidding started.
Mark Pentz, the Calvin Group Inc. of Windsor, Colo., arrived at the auction well before the bidding started.
Mark Pentz, the Calvin Group Inc. of Windsor, Colo., arrived at the auction well before the bidding started. Miguel Olivo of Service Equipment Depot in Orlando, Fla., takes a close look at this Cat 416D loader/backhoe. Garrett (L) and Westen Champlain, Andes Farms of Winfield, Kan., think this Kubota loader/backhoe will be the perfect fit for the project on the farm. 
Tim Victory, Victory Infrastructure Construction LLC of Charlotte, N.C., has been looking for a TriDrive, 600 hp Kenworth just like this. 
Fernando Aceves (L) and his father Juan Aceves, FA Motorcars in San Antonio, Texas, are ready to bid on this Ford 350 bucket truck.  
While on their honeymoon, Sara (L) and Dana David Jones, Grassroots Cattle Company LLC of Barwick, Ga., thought they would see about adding this Cat 336E excavator to their equipment base for the ranch. 
Kirby Bond of ZIA Ice Company, Elephant Butte, N.M., has a personal use for a Cat 420E loader/backhoe just like this one. 
The mid-morning heat and humidity drive bidders into the air-conditioning, but it doesn’t cool their enthusiasm.

Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for more than $59 million over two days in Fort Worth, Texas, from July 20-21, 2016.

More than 4,600 people from more than 55 countries registered to bid in the unreserved auction, including more than 3,100 online bidders. Out-of-state buyers from as far away as Canada, Thailand and Poland purchased 56 percent of the equipment. Online buyers purchased 57 percent (more than $33 million) of the equipment.

“We had great attendance for both days of the auction,” said Bill Hogan, regional sales manager, Ritchie Bros. “The auction featured an excellent mix of equipment from all sectors. We achieved solid pricing throughout, seeing particularly strong pricing for drills, scrapers, wheel loaders and backhoes.”

Ritchie Bros. sold equipment for 580 owners. Highlights included more than 360 truck tractors, 455 trailers, 105 excavators, 90 skid steers, 70 loader backhoes, 40 dozers, 70 flatbed trucks, 45 dump trucks, and much more.

For more information, visit rbauction.com.