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Ritchie Bros. Sells 4,400+ Items for Over $57MM in Houston, TX Auction

April 19, 2022, 07:10 AM
Filed Under: Auction News

With tight equipment supply in the market, Ritchie Bros. continues to deliver selection for buyers and great returns for consignors, selling more than 4,400 equipment items and trucks for over $57 million from its Houston, TX auction site last week.

The unreserved auction attracted over 10,750 bidders from 55 countries, with approximately 88 percent of the equipment being purchased by U.S. buyers, including 44 percent purchased by Texans. The remaining 12 percent was purchased by international buyers from as far away as Bolivia, Taiwan and the Netherlands. Leading up to the auction, online equipment views for the Houston April auction were up 70 percent year over year.

"We continue to see incredibly strong pricing for late-model equipment and trucks, resulting in a lot of happy consignors, eager to sell again," said Chuck Roberson, Regional Sales Manager, Ritchie Bros. "Last week in Houston, we had a fantastic selection of assets available, including part one of a complete dispersal for MDS Boring & Drilling, which included pipelayers, earthmoving equipment, trucks, and trailers. Part two of the MDS dispersal will be sold in our next Houston live auction in June."

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