Ritchie Bros. profits from its largest-ever pipeline construction auction
Ritchie Bros. sold over US$99million of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux Inc. In less than two days the company sold 3,100+ items from three Barrilleaux locations in New Mexico and Texas to thousands of online bidders from around the world.
Five Big Sellers:
2015 Vermeer T1155III crawler trencher – US$800,000
2019 Caterpillar D8T crawler tractor – US$620,000
Unused 2020 Caterpillar 14M3 motor grader – US$520,000
Unused 2020 Caterpillar 926M wheel loader – US$225,000
2021 Peterbilt 389 sleeper truck tractor – US$265,000
AUCTION QUICK FACTS: CARLSBAD, NM (AUGUST 2021)
Gross Transaction Value (GTV): US$99+ million
Total Registered Bidders: 6,900+
Total Number of Lots: 3,100+
Total Number of Consignors: 1
Ritchie Bros. will sell more than 35,000 equipment items and trucks in its upcoming events, including the Houston, TX auction on August 24 – 26; an Orlando, FL auction on September 2 – 3; and a Southeast Regional auction on September 9 – 10.
Information Source: Read Full Release ..–>
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