Ritchie Bros. Auctioneers conducted its fourth Houston auction of the year this week, selling 3,700 equipment items and trucks for $49 million over two days and setting a new site record for online sales.

More than 4,500 people from 58 countries registered to bid in the auction, including 3,000 people who registered to bid online. More than $30 million (61%) of the equipment was sold to online bidders – a new record for the Houston site. U.S. buyers purchased 83% of the equipment, including 38% purchased by Texas buyers. International buyers from as far away Egypt, Japan and the Netherlands purchased 17% of the equipment.

“We had a great two days here at the Houston auction. We had a wide selection of quality equipment – particularly late-model construction and aerial equipment – which resulted in enthusiastic bidding both onsite and online,” said Alan McVicker, regional sales manager for Ritchie Bros. “We also had strong pricing in the transportation sector with both vocational and over-the-road trucks selling well. I’d like to thank all of our consignors, bidders and buyers who made this such a successful end-of-summer auction. As always it was our pleasure helping them buy and sell, and we’re already looking forward to our next auction in Houston November 8-9. And from all of us at Ritchie Bros., as Hurricane Harvey approaches we hope everyone in the Gulf Coast area stays safe.”

Equipment in the auction was sold for 520 owners. The selection included 170 excavators, 90 loader backhoes, 70 compactors, 55 cranes, 45 dozers, 45 mixer trucks, 190 truck tractors and 200 trailers. All items were sold without minimum bids or reserve prices.