Richardsons cashed up after assets sold
Farewell for livestock transport company following successful auction
TONY RICHARDSON and the team at Richardson Bros. can close the door on the livestock transport business with a smile on their faces, after their asset sale went well.
The company took its remaining six prime movers and eight sets of B-double stock crates to auction with Ritchie Bros at the auctioneer’s Yatala yards in May.
Ritchie Bros. marketing manager David Fanning says the company had 1,241 registered bidders on the day of the auction, with the Richardson Bros stock dispersal attracting buyers from all over Australia.
Ritchie Bros sold a 2015 Kenworth T909 6x4 Prime Mover for $200,000, and a 2013 model of the same vehicle for $155,000.
A 2015 Western Star 4900FXT Constellation 6x4 prime mover sold for $185,000, while a 2016 6.3m Tri/A B-double lead stock trailer sold for $102,500.
The company also sold one 2016 Cannon 12.4m Tri/A stock trailer for $115.000 – the same price as the same model vehicle one year earlier, while a 2015 Cannon 6.3m Tri/A B-double Lead Stock Trailer sold for $102,500.
The family behind the New South Wales-based livestock transportation company decided to close the company earlier this year after 30 years of working in the industry.
Owner Tony Richardson says it had been a family decision to wind up the company – saying that operating the business alongside the family’s Summerhill cattle company had been a heavy workload.
“The pressures that us bosses are under to try and maintain good staff – there are plenty of good people who have worked for me, and still do – but it is a tireless job,” Richardson says.
“You have got to be on it the whole time to make sure it runs like clockwork, and it doesn’t always because of breakdowns and all types of things.”
At its busiest, Richarson Bros reached 20 trucks with 15 sets of B-double crates, servicing feedlots, abattoirs and rural properties out of its Rutherford depot.
“I am a bit tired of the transport game,” Richardson says. “It has been very good to me and my family but I have missed out of a fair bit of other stuff and for the next 10 years or so I want to go back on my farms.”