Ritchie Bros. Sells over $50M of Equipment in July Fort Worth Auction

FORT WORTH, TX — Ritchie Bros.' Texas team held a more than $50-million auction at its site in Fort Worth. The two-day online auction attracted more than 11,250 people to bid on 3,750 items. Approximately 90 percent of the assets in the auction were sold to U.S. buyers, including 40 percent to Texans, while the remaining 10 percent was sold to international buyers from as far away as Egypt, Spain, India, and New Zealand.

"We spoke to a lot of happy consignors after the auction, as we continue to drive record-breaking demand and strong returns," said Chuck Roberson, Regional Sales Manager at Ritchie Bros. "For customers unable to get what they needed in [the] auction, we have a ton more upcoming buying opportunities."

"The pandemic has made online buying more common, but customers have told us they miss the camaraderie and networking of being there in person," Roberson said. "Our auctions have always been about more than equipment — it's also an industry event for many of our customers."

Five Big Sellers in Fort Worth

• 2014 Kobelco CK1100G crawler crane - $365,000



• 2016 Volvo L250H wheel loader - $180,000



• 2017 John Deere 9570R 4WD tractor - $170,000



• 2016 John Deere 460ET 6x6 articulated dump truck - $167,500



• 2018 Caterpillar 326FL hydraulic excavator - $150,000