Business
Ritchie Bros. sells US$95+ million of equipment in its largest Texas auction ever
Ritchie Bros. sells US$95+ million of equipment in its largest Texas auction ever ...
About this update from Rb Global, Inc.
[{"type":"text","content":"\n \n \n \n Ritchie Bros. sells US$95+ million of equipment in its largest Texas auction ever\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Online Fort Worth auction attracted 76% more bidders and 78% more watchlists year over year\n \n \n \n FORT WORTH, Texas\n \n ,\n \n March 22, 2021\n \n /CNW/ - Last week,\n \n Ritchie Bros\n \n . conducted its largest\n \n Texas\n \n auction ever, attracting 76 percent more bidders year over year and achieving\n \n US$95 million\n \n in gross transaction value—surpassing its previous\n \n Texas\n \n sales record, set\n \n June 2020\n \n , by 17 percent.\n \n \n The\n \n March 17\n \n – 18, 2021 Fort Worth auction attracted a record 16,000+ bidders from 79 countries. Approximately 83 percent of the equipment in the auction was sold to U.S. buyers, including 34 percent sold to\n \n Texas\n \n buyers, while international buyers from as far way as\n \n France\n \n ,\n \n Ghana\n \n , and\n \n Vietnam\n \n purchased the remaining 17 percent.\n \n \n \"Our consignors are benefiting from robust equipment and truck demand we are helping drive in 2021,\" said\n \n Chuck Roberson\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"With all bidding online, demand has skyrocketed over the past year. Our\n \n Fort Worth\n \n auction last week saw online pageviews per lot increase 59% year over year, while watchlists per lot and PriorityBids increased 78% and 157% respectively. As a result, we have a lot of happy sellers right now rushing to get more equipment consigned for our next event—now is a great time to sell!\"\n \n \n Equipment highlights in the\n \n Fort Worth\n \n auction included a 2015 Tadano GR1000XL-3 4x4x4 rough terrain crane that sold for\n \n US$385,000\n \n to an online buyer from\n \n Indonesia\n \n ; a 2016 Caterpillar 349FL hydraulic excavator that sold for\n \n US$245,000\n \n to a buyer from\n \n Texas\n \n , and a 2018 Peterbilt 389 T/A sleeper truck tractor that sold for\n \n US$124,000\n \n to a buyer from\n \n Arizona\n \n . All items were sold unre...