Forklifts from Rapid Equip Service, Sales and Hire were all sold on auction, realising around AUD400,000.

An auction of 60 forklifts from liquidated forklift supplier Rapid Equip Service, Sales and Hire, of Riverstone, New South Wales, realised around AUD400,000 with 100% clearance.

"More than 65,000 individuals viewed the catalogue with bidding occurring from every state in Australia," says GraysOnline general manager Josh Sanders.

He tells Forkliftaction.com News that the auction, conducted on behalf of Rapid Equip's receiver, Jones Partners, was completely unreserved with every asset starting at AUD9.

"(It's) another successful result which showed there is still a large market of forklift buyers," Sanders says.

Rapid Equip went into voluntary administration in late 2008 but, without a proposal to creditors on how it could continue to trade, was placed in liquidation (Forkliftaction.com News #400).

There is no association between this company and Rapid Lift Pty Ltd in Brisbane, Queensland.