Ritchie Bros. sold 4,700 equipment items and trucks for $46+ million at its third Houston auction of the year, making it the largest June auction ever for the site.

Over two days (June 21 – 22, 2017), more than 4,250 people from 57 countries registered to bid in the auction, including 2,850 people who registered to bid online. Approximately 58% of the equipment ($26 million) was sold to online bidders. U.S. buyers purchased 86% of the equipment, including 44% purchased by Texas buyers. International buyers from as far away as Australia, Egypt and Vietnam purchased 14% of the equipment.

“We had a very successful auction with a wide range of equipment items and trucks selling for just about every sector,” said Alan McVicker, regional sales manager, Ritchie Bros. “Enthusiastic bidder turnout both onsite and online, along with strong pricing, helped us achieve 17% higher gross auction proceeds this week than the same auction last year and make this our largest June auction ever in Houston.”

Equipment in the auction was sold for 550 owners. The selection included 120 excavators, 75 cranes, 55 dozers, 50 compactors, 50 skid steers, 55 dump trucks, 325 truck tractors and 330. All items were sold without minimum bids or reserve prices.