Strong truck sales continue in US$68+ million auction in TX

More than 5,200 equipment items and trucks sold for 650+ owners in two-day Texas auction

Ritchie Bros. put on another big auction in Fort Worth, TX  selling more than 5,200 equipment items and trucks over two days for US$68+ million.

More than 11,300 bidders from 72 countries registered for the September 29 – 30 auction, which was conducted entirely online due to COVID-19. Approximately 64 percent of the assets were purchased by out-of-state and international buyers, from as far away as Australia, Egypt, and Germany.

“We continue to see record numbers of bidders in 2020—with this September’s attendance up 64 percent from the same auction last year,” said Neal Black, Regional Sales Manager, Ritchie Bros. “This week’s auction had a great selection of yellow iron, but the trucks proved to be the real star of the show. In just one day we sold more than 650 truck tractors, with pretty strong prices throughout. This included a large consignment of trucks from B.J. Services, one of the largest pure-play pressure pumping companies in North America.”

Equipment highlights in the auction also included 400+ transport trailers, 120+ excavators, 95+ flatbed trucks, 75+ skid steer loaders, as well as ag tractors, dozers, and dozens of pickups.

Sales highlights from Fort Worth:

• A 2011 Link-Belt 218HSL 110-ton crawler crane sold for US$340,000
  
  
• A 2004 Caterpillar D7R XR Series II dozer sold for US$250,000
  
  
• A 2015 Caterpillar 745C 6×6 articulated dump truck sold for US$190,000
  
  
• A 2020 Volvo VNL760 sleeper truck tractor sold for US$112,000
  
  
• A 2017 Peterbilt 389 sleeper truck tractor sold for US$110,000

AUCTION QUICK FACTS: FORT WORTH, TX (September 2020)

• Total gross transactional value – US$68+ million
  
  
• Total registered bidders – 11,300+
  
  
• Total lots sold – 5,200+
  
  
• Number of consignors – 650+

Ritchie Bros.’ next Texas auction will be held in Houston on November 10 – 11, 2020. The next Fort Worth auction will be held in December. For more information about Ritchie Bros., visit RitchieBros.com. To learn more about equipment pricing and trends, sign up for Ritchie Bros. Market Trends summary reports at ritchiebros.com/market-trends-report.  

Category: Driver Stuff, Equipment, Featured, General Update, News, Vehicles