Ritchie Bros. Auctioneers sold more than 3,800 equipment items over two days for more than $40 million at its first Houston auction of 2018.

More than 5,500 people from 56 countries registered to bid in the auction, including 3,900 online bidders who purchased 57% ($23 million) of the equipment. U.S. buyers purchased 80% of the equipment, including 46% purchased by Texas buyers. International buyers from as far away as India, Malaysia and Australia purchased 20% of the equipment.

“We had a record number of bidders who were very active in our Houston auction this week, helping us achieve strong prices across all equipment categories,” said Alan McVicker, regional sales manager of Ritchie Bros. “The Houston auction is a great platform to build momentum leading up to some other big Ritchie Bros. events this month, including our weekly online IronPlanet auction tomorrow, with a great selection of pipeline support equipment from the Houston area, and our massive, six-day Orlando auction that starts next Monday.”

Equipment in the Houston auction was sold for 550 owners. The selection included 150 excavators, 105 compactors, 65 skid steers, 55 cranes, 35 dozers, 25 loaders, 310 truck tractors and 240 trailers. All items were sold without minimum bids or reserve prices.