Ritchie Bros. Sells $44MM of Equipment in Houston



Ritchie Bros. Auctioneers sold more than 4,300 equipment items for more than $44 million at its third Houston auction of 2018.

More than 4,150 people from 55 countries registered to bid in the auction, including 2,800 online bidders who purchased 63% ($28 million) of the equipment. U.S. buyers purchased 87% of the equipment, including 43% purchased by Texas buyers, while international buyers from such countries as Argentina, China and the United Arab Emirates purchased 13% of the equipment.

“We had a great selection of assets from a record 595 sellers in this auction,” said Alan McVicker, regional sales manager for Ritchie Bros. “We saw strong results for the large number of late-model construction items in the auction, and transportation assets, which sold on Day Two, continue to bring solid prices in 2018. This auction also had a great lineup of cranes and aerial equipment that achieved strong prices as well.”

Equipment selection in the auction included 260 truck tractors, 300 trailers, 210 aerial work platforms, 170 excavators, 95 skid steers, 45 dozers, 45 loaders, 45 dump trucks, 45 flatbed trucks, 40 compactors and 35 cranes. All items were sold without minimum bids or reserve prices.


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Terry Mulreany
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