Ritchie Bros. Sells More Than $57MM of Equipment in Houston Auction



Ritchie Bros. sold more than 4,400 equipment items and trucks for more than $57 million at its most recent Houston auction.

The unreserved auction, which was held from April 12 to April 14, attracted more than 10,750 bidders from 55 countries, with U.S. buyers purchasing approximately 88% of the equipment, including 44% purchased by Texans. The remaining 12% was purchased by international buyers from countries such as Bolivia, Taiwan and the Netherlands. Leading up to the auction, online equipment views for the Houston April auction were up 70% year over year, according to Ritchie Bros.

“We continue to see incredibly strong pricing for late-model equipment and trucks, resulting in a lot of happy consignors eager to sell again,” Chuck Roberson, regional sales manager for Ritchie Bros., said. “Last week in Houston, we had a fantastic selection of assets available, including part one of a complete dispersal for MDS Boring & Drilling, which included pipelayers, earthmoving equipment, trucks and trailers. Part two of the MDS dispersal will be sold in our next Houston live auction in June. Contact us today to consign your equipment or trucks to the event.”
Ritchie Bros. has multiple upcoming online and site events in its auction calendar, including weekly IronPlanet auctions each Thursday, a two-day timed auction in Los Angeles from May 12 to May 13 and a three-day auction in Fort Worth, TX, from May 17 to May 19.

Five Big Sellers in Houston

  • 2017 Manitowoc 11000-1 110-ton crawler crane – $470,000
  • 2020 Caterpillar 349FL hydraulic excavator – $460,000
  • Three Caterpillar 587T pipelayers – $330,000 each
  • 2019 Caterpillar D6T LGP crawler tractor – $290,000
  • 2020 Peterbilt 567 8×4 truck tractor – $242,500

Auction Quick Facts

  • Gross transaction value: More than $57 million
  • Lots/items: More than 4,400
  • Bidders: More than 10,750 from 55 countries
  • Consignors: More than 650


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