Business
Ritchie Bros. auction in Houston hits US$61+ million
Ritchie Bros. auction in Houston hits US$61+ million Canada NewsWire February...
About this update from Rb Global, Inc.
[{"type":"text","content":"\n \n \n \n Ritchie Bros. auction in Houston hits US$61+ million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n February 14\n \n – 16 unreserved auction attracted 14,500+ bidders to compete for 6,500+ items\n \n \n \n \n HOUSTON\n \n \n ,\n \n \n Feb. 20, 2023\n \n \n /CNW/ - With its first\n \n Houston, TX\n \n site auction of the year,\n \n Ritchie Bros\n \n . attracted more than 14,500 bidders to compete for 6,500+ items, generating US$61+ million in gross transaction value.\n \n \n Approximately 87% of the equipment in the\n \n February 14\n \n – 16, 2023 auction was sold to U.S. buyers, including 48% purchased by Texans. The remaining 13% was purchased by international buyers from far away as\n \n France\n \n ,\n \n India\n \n , and\n \n Japan\n \n . Auction highlights included 1,100+ transportation assets, 1,100+ construction equipment assets, 700+ lifting & material handling assets, forestry equipment, and more—all assets were sold without minimum bids or reserve prices.\n \n \n \"We had a fantastic selection of equipment last week in\n \n Houston\n \n , with something for everyone, attracting bidders from more than 60 countries around the world,\" said\n \n Chuck Roberson\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"We achieved strong prices for equipment and trucks all three days of the auction. As a result, we had a lot of happy sellers eager to consign more equipment for our upcoming\n \n Fort Worth\n \n sale in March and our weekly IronPlanet events.\"\n \n \n Mr. Roberson continued, \"For bidders who were unable to secure the items they need in\n \n Houston\n \n last week, we have a many upcoming auctions and online events, including our Premier Global Auction this week in\n \n Orlando, FL.\n \n More than 13,000 items will be sold in the massive five-day event. If you haven't already, I encourage you to visit\n \n rbauction.com/orlando2023\n \n to get registered and start bidding.\"\n \n \n \n Five Big Sellers from\n \n Houston\n \n :\n \n \n \n \n 2017 Komatsu XT445L-3 ...