Ritchie Bros. Sells $44MM of Equipment at Houston Auction



Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its latest Houston unreserved auction.

More than 5,100 people from 58 countries registered to bid in the auction, held August 21-22, including more than 3,600 people registering to bid online. U.S. buyers purchased approximately 90% of the equipment, including 52% purchased by Texas buyers, while international buyers from such countries as Mexico, Australia and the UK purchased 10% of the equipment. Online buyers purchased 53% of the assets.

“We’re experiencing hot temperatures in Texas and an equally hot equipment market right now, with a lot of ongoing and upcoming projects and strong demand for gear. As a result, we saw record attendance for our August auction, up approximately 13% from our Houston auction last summer,” said Alan McVicker, regional sales manager for Ritchie Bros. “Pricing was strong both days of the auction. Yellow iron sold exceptionally well, and transportation, lifting and handling and energy equipment prices were also strong.”

In total, Ritchie Bros. sold close to 4,600 items for 575 owners in Houston. Highlights included 260 truck tractors, 75 excavators, 65 skid steers, 50 compactors, 40 loaders, 35 cranes, 30 dozers, 20 farm tractors and 140 aerial work platforms. All items were sold without minimum bids or reserve prices.


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Terry Mulreany
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Susie Angelucci
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