October 3 - Ritchie Bros. Auctioneers sold more than USD76 million of used equipment at its recent auctions in Quebec and Texas.
The company broke its Montreal auction record for the largest number of sellers (750+), and the largest number of items ever sold (almost 4,200). More than USD36 million worth of equipment was sold over the two-day auction.
Jessy Cantin, regional sales manager, Ritchie Bros. Auctioneers, commented: "The focus for equipment buyers in Montreal during September is preparation for the winter, so we saw particularly strong results in snow removal gear and heavy construction equipment."
In Fort Worth, Texas, more than USD40 million of equipment was also auctioned, featuring more than 3,000 heavy equipment items including oilfield, construction and transportation equipment.
"This week's auction in Texas saw strong pricing across all categories, particularly for specialised transportation equipment," said Adam Kawulok, regional sales manager, Ritchie Bros. Auctioneers. "Utility trucks were predominantly in high demand on day two of the auction along with bucket trucks and boom trucks."