Ritchie Bros. Fort Worth auction results
On-site and online bidders from Mexico purchased US$8 million of heavy equipment and trucks from the US$35 million unreserved public auction conducted by Ritchie Bros. Auctioneers in Fort Worth, Texas last week. Out-of-state bidders purchased US$22 million of equipment in total (62 percent of the gross auction proceeds), including US$12 million of equipment (34 percent) that was purchased by buyers from outside the United States. The participation of bidders from as far away as India, Nigeria and the U.K
Ritchie Bros, conducted the unreserved public auction at its permanent auction site in Fort Worth on July 9, 10 & 11, 2008. The large selection of equipment being sold – more than 2,400 items in total – attracted more than 2,200 registered bidders from 45 countries, as well as 47 U.S. states. More than 1,300 people registered to bid in person or by proxy; the other 900 registered to bid over the internet. Online bidders purchased US$8 million of equipment. Since introducing its real-time internet bidding service, rbauctionBid-Live, in 2002, Ritchie Bros. has sold more than US$2 billion of equipment over the internet.
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