Site records for registered bidders and online bidders were set as more
than 3,100 heavy equipment items and trucks were sold during the
two-day heavy equipment auction in Fort Worth
FORT WORTH, TX, March 7, 2013 /CNW/ - Ritchie Bros. Auctioneers (NYSE
and TSX: RBA), the world's largest industrial auctioneer, sold more
than US$44 million of equipment items and trucks at a two-day
unreserved public auction held at its permanent auction site in Fort
Worth, Texas on March 5 & 6, 2013. New auction site records were set
for total registered bidders (more than 3,900) and total online bidders
(more than 2,300). Equipment highlights included a 2009 Freightliner
Cascadia truck tractor that sold for US$49,000 and formed part of the
professionally maintained, 23-truck Walmart fleet featured in the Fort
Worth auction as well as a 2008 Caterpillar D8T crawler tractor that
sold for US$282,500. In total, more than 3,100 equipment items and
trucks were sold in the auction for more than 470 sellers - every item
was sold to the highest bidder, without minimum bids or reserve prices.
"This auction offered one of the largest quantities of high-quality
late-model equipment that I have seen at our auctions here in Fort
Worth," said Adam Kawulok, Regional Sales Manager, Ritchie Bros.
Auctioneers. "The unprecedented number of late-model Caterpillar D8T
crawler tractors and professionally maintained Walmart trucks that were
sold is just a glimpse of the great collection of well-maintained,
late-model equipment that we continue to offer at our Fort Worth
auctions. And, with so many of the people bidding in our auctions being
end-users, selection is very important for our buying customers. It's
because of that and the ability of Ritchie Bros. to reach buyers from
all over—as was shown by the multiple records set at this auction—that
we create a competitive bidding environment which allows us to achieve
strong values for the sale of our equipment."
Over 3,900 people from more than 60 countries, including 48 U.S. states,
nine Canadian provinces and one Canadian territory, registered to bid
in person or online in real time at the auction. Bidders from outside
Texas purchased more than US$24 million (55 percent of total gross
More than 2,300 of the bidders taking part in the auction registered to
bid online and purchased more than US$19 million of equipment online
(43 percent of total gross auction proceeds).
AUCTION QUICK FACTS: FORT WORTH, TX - MARCH 5 & 6, 2013
Gross Auction Proceeds - more than US$44 million
Amount sold to online bidders - more than US$19 million (43 percent of total gross auction proceeds)
Unique bidders (total) - more than 3,900 * new Fort Worth, TX permanent auction site record
Unique online bidders - more than 2,300 * new Fort Worth, TX permanent auction site record
Lots sold - more than 3,100
Number of sellers - more than 470
The Ritchie Bros. auction calendar currently features more than 125
unreserved public auctions around the world, including a two-day
unreserved public auction in Houston, TX on April 17 and 18, 2013.
Visit www.rbauction.com for a complete list of upcoming auctions.
About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's
largest seller of used equipment for the construction, transportation, agricultural, material handling, energy, mining, forestry, marine and other industries. Ritchie Bros. offers compelling solutions that
make it easy for the world's builders to buy and sell equipment with
confidence. The Company conducts hundreds of unreserved public auctions
each year, selling more equipment to on-site and online bidders than
any other company in the world (rbauction.com). The Company also operates an online marketplace through Ritchie
Bros. EquipmentOne (EquipmentOne.com) and a range of value-added services, including equipment financing for
customers through Ritchie Bros. Financial Services (rbauctionfinance.com). The Company has over 110 locations in more than 25 countries,
including 45 auction sites worldwide.
ATTENTION MEDIA: Photos and other media resources are available for use at http://www.rbauction.com/media. Members of the public and the media can follow Ritchie Bros. on
SOURCE: Ritchie Bros. Auctioneers
For further information:
Jose Vargas, Corporate Communications Specialist, Ritchie Bros. Auctioneers
Phone: +1.604.765.2909 or email: CorpComm@rbauction.com
Adam W Kawulok, Regional Sales Manager, Ritchie Bros. Auctioneers
Fort Worth auction site phone: +1.817.237.6544