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Ritchie Bros. hits US$55+ million in Houston, TX auction

Ritchie Bros. hits US$55+ million in Houston, TX auction Canada NewsWire ...

articleRb Global, Inc.November 15, 20213/company/ritchie-bros-auctioneers/news/ritchie-bros-hits-usdollar55-million-in-houston-tx-auction
Ritchie Bros. hits US$55+ million in Houston, TX auction

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[{"type":"text","content":"\n \n \n \n Ritchie Bros. hits US$55+ million in Houston, TX auction\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 November 9\n \n – 11 online auction attracts 13,200+ bidders from 57 countries, driving strong pricing across nearly every asset category\n \n \n \n HOUSTON\n \n ,\n \n Nov. 15, 2021\n \n /CNW/ -\n \n Ritchie Bros\n \n . was back in\n \n Houston, TX\n \n last week to sell 4,650+ equipment items and trucks for 675 consignors, generating US$55+ million in gross transaction value.\n \n \n The\n \n November 9\n \n – 11, 2021 auction attracted 13,200+ bidders from 57 countries. Approximately 88% of the equipment was sold to U.S. buyers, including 41% sold to Texans, while the remaining 12% was purchased by international buyers from as far away as\n \n Germany\n \n ,\n \n Egypt\n \n , and\n \n Thailand\n \n . Leading up to the auction,\n \n Ritchie Bros\n \n . saw a 33% increase in online equipment views per lot, while watchlists per lot were up 89%.\n \n \n \"We held an excellent auction last week in\n \n Houston\n \n , with both bidder registrations and GTV up year over year,\" said\n \n Chuck Roberson\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"Leading up to the event we safely welcomed thousands of interested bidders to our site to inspect and test items in person, resulting in a ton of competition and strong pricing for nearly every asset category.\"\n \n \n Mr. Roberson continued, \"We would like to thank all the consignors and buyers who participated in our\n \n Houston\n \n auctions in 2021. We have one more\n \n Fort Worth\n \n event\n \n December 7\n \n – 10, as well as a ton of online buying and selling opportunities with IronPlanet, Marketplace-E, and\n \n Ritchie List\n \n . Now is a great time to sell—contact us to consign your surplus equipment today.\"\n \n \n \n Five Big Sellers from\n \n Houston\n \n :\n \n \n \n \n 2019 Caterpillar\n \n 815K\n \n compactor –\n \n US$485,000\n \n \n \n 2002 Grove GMK5240 240-ton 10x8x10 all-terrain crane –\n \n ...

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