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Ritchie Bros. Sells $50MM+ of Equipment & Trucks at Houston Auction

November 13, 2015, 07:00 AM
Filed Under: Auction News

Ritchie Bros. sold 4,200+ equipment items and trucks for $50+ million at this week's unreserved public auction in Houston, TX. In total, the Company conducted five auctions in Houston in 2015, selling a combined 19,700+ lots for $238+ million with more than 21,000 total bidder registrations, making it the site's largest year ever. This week's two-day auction attracted 4,500+ bidders from 55 countries, including 2,700+ online bidders. Approximately 53 percent of the equipment was sold to out-of-state buyers from as far away as Turkey, China, and India. Bids were placed in person, online at and by proxy.

"We would like to thank all of our customers for choosing to buy and sell at our auctions in Houston, helping us put on another successful auction this week and making this a record-setting year," said Alan McVicker, Regional Sales Manager, Ritchie Bros. "The quality and quantity of equipment and trucks available in the auction attracted a huge crowd of onsite and online bidders. Buyers from across the country and around the world were very active on both days of the auction. As usual, every item was sold to the highest bidder, with no minimum bids and no reserve prices."

More than 4,200 items from 550+ sellers were sold at the November auction, including 320+ truck tractors, 300+ trailers, 85+ compactors, 80+ excavators, 75+ cranes, 60+ flatbed trucks, 60+ forklifts, 60 dozers, 50+ dump trucks, 45+ loader backhoes, and 215+ pickup trucks.

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