Ritchie Bros. sells more than $47 million in Houston auction

April 19, 2013

ritchie bros auctioneersRitchie Bros. Auctioneers sold more than $47 million of heavy equipment and trucks during its two-day unreserved public auction in Houston, Texas, April 17-18.

More than 3,800 registered attendees bidded on more than 4,100 items, including more than 150 T/A truck tractors, more than 55 hydraulic excavators, several late model crawler tractors and more.

This auction provided plenty of record-breakers for Ritchie Bros., including the most sellers at a Houston auction (about 500), the largest online gross auction proceeds for Houston (more than $20 million), and the largest number of online bidders (more than 2,100) and online buyers (more than 550) since the company began conducting auctions in Houston.

Of the 3,800 registered bidders, 2,100 took part in online bidding. Bidders from outside Texas purchased $27 million–57 percent of total gross auction proceeds.

Ritchie Bros.’ next unreserved public auction in Houston is scheduled for June 19-20. For more information, visit rbauction.com.

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