Ritchie Bros. Sells $71 Million Heavy Equipment

By Staff Writer September 27, 2022

Ritchie Bros. sold close to 5,000 equipment items and trucks over three days for $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.

Approximately 88% of the equipment in the Sept. 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 benefited 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 Dec. 13-15.”

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.

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Last modified on Friday, 30 September 2022 11:42