Last week in Texas, we sold close to 5,000 equipment items and trucks over three days for US$71+ million in gross transaction value, which is up 25% from the same auction last year. The unreserved online auction attracted more than 10,800 online bidders from 63 countries.
“We continue to see strong demand for late-model, low-hour equipment and trucks,” said Nicolas Agudelo, Regional Sales Manager, Ritchie Bros. “Even with tight supply, our Fort Worth event offered a diverse selection of equipment catering to buyers from a variety of industries.”
Approximately 88% of the equipment in the September 20 – 22 auction was sold to U.S. buyers, including 42% sold to Texans. The remaining 12% was sold to international buyers from as far away as Australia, Finland, Israel, and Malaysia.
“Day Three was our first dedicated Energy Day in Fort Worth,” said Mike Brzezinski, Regional Sales Manager and leader of the Ritchie Bros. Energy team. “Our customers in the energy sector benefitted greatly from selling their construction and transportation assets in Fort Worth, with a massive global audience watching. We also had an entire day dedicated to energy-specific equipment.”
Big Sellers from Fort Worth
Equipment highlights from Fort Worth included 340+ truck tractors, 115+ excavators, 115+ forklifts, 90+ bucket trucks, 80+ skid steers, as well as cranes, miscellaneous drilling equipment, and so much more. Items were sold for close to 700 consignors, including Fort Worth-based land clearing company Thelin Recycling Co.
“We got a lot more for our equipment than we expected,” said Bill Taylor, Equipment Manager for Thelin Recycling. “Ritchie Bros. is so efficient, and they get your equipment in front of hundreds of thousands of potential equipment buyers—it’s hard to beat! I’ve been selling with Ritchie Bros. since 2007 and they always do the best they can to get the most money possible for our equipment.”
Here are three of the top sellers from Fort Worth:
2017 Tadano Mantis 15010 75-ton crawler crane – US$550,000
2015 Caterpillar D8T dozer – US$350,000
2016 Volvo A40G articulated dump truck – US$237,500