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$81+ million of equipment sold in Ritchie Bros.' largest Fort Worth, Tx. auction

Christian Fernsby |
Ritchie Bros. conducted its largest ever Fort Worth, TX auction this week, selling close to 5,300 equipment items and trucks for US$81+ million. Due to the coronavirus pandemic, the auction was held with online-bidding only and set a new site bidder record in the process, registering 11,600+ people from 68 countries.

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Approximately 93% of the equipment in the June 2 – 3, 2020 auction was sold to U.S. buyers, including 43% purchased by Texas buyers, while international buyers from such countries as Australia, Germany, and the United Arab Emirates purchased 7%.

Mobile app purchases made up 17% of total sales.

More than 20,000 PriorityBids were made in the Fort Worth auction up 221% from the previous Fort Worth auction in March. A 2018 Freightliner CA126 Cascadia sleeper had more than 375 PriorityBids from 71 different bidders before it was sold by the live auctioneer.

Sales highlights in the Fort Worth auction included a 2013 Grove TMS900E 110-ton T/A T/A hydraulic truck crane that sold for US$420,000 to a buyer from Oregon; a 2019 John Deere 9570RX quadtrac track tractor that sold for US$420,000 to a buyer from Texas; and a 2015 John Deere 1050K dozer that sold for US$355,000 to a buyer from New Mexico. On Day Two of the auction the company sold 800+ truck tractors the most ever in a single auction. All items were sold without minimum bids or reserve prices.

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