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Ritchie Bros. Sells $71MM+ of Equipment in Fort Worth, TX Auction

September 26, 2022, 07:12 AM
Filed Under: Auction News

Ritchie Bros. sold close to 5,000 equipment items and trucks over three days for more than $71 million in gross transaction value, which is up 25 percent from the same auction last year. The unreserved online auction in Fort Worth, TX 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. Assets were strategically located in several yards and sequenced over three auction days online. We'd like to thank all the customers who continue to put their trust in Ritchie Bros. for their buying and selling needs. For customers unable to get items in Fort Worth last week, please check out the many upcoming events on our auction calendar."     

Approximately 88 percent of the equipment in the September 20 – 22 auction was sold to U.S. buyers, including 42 percent sold to Texans. The remaining 12 percent 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. Our next Energy Day will be held on Day Three of the Fort Worth auction on December 13 – 15.”







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