During its Nov. 10-11 online auction in Houston, Ritchie Bros. experienced a 39% year-over-year increase in bidder registrations while selling more than $53 million in used equipment.

Due to the ongoing COVID-19 pandemic, the auction was conducted 100% online, attracting interested bidders from 67 countries. Approximately 85% of the assets in the auction were purchased by U.S. buyers, including 40% purchased by buyers from Texas, while international buyers from Mexico, Australia and the United Kingdom, among others, purchased 15%.

“As one of the first big auctions of our fourth quarter, we are excited by the continued record-breaking demand and strong pricing we achieved this week in Houston,” Alan McVicker, regional sales manager for Ritchie Bros., said. “Auction after auction we continue to prove that no matter the format — onsite, online, or both — we deliver unmatched demand and results. In fact, we saw more international participation in Houston this week than the site had seen in 12–18 months. If you have equipment to sell, we encourage you to contact us today to be a part of one of the many events we have before the end of the year.”

Sale Highlights

• A 2012 Link-Belt HTC3140LB 140-ton 10x6x4 hydraulic truck crane sold for $425,000
• A 2005 Terex HC275 275-ton crawler crane sold for $350,000
• A 2019 Komatsu PC360LC-11 hydraulic excavator sold for $185,000
• A 2017 Volvo A40G 6×6 articulated dump truck sold for $177,500
• A 2016 Caterpillar 930M wheel loader sold for $125,000

Auction Quick Facts

• Gross Transaction Value (GTV): More than $53 million
• Total Registered Bidders: More than 11,300
• Total Number of Lots: More than 5,900
• Total Number of Consignors: 700

Ritchie Bros.’ final Texas auction of the year will be held in Fort Worth on Dec. 8 and Dec. 9.