Business
Ritchie Bros. sells US$64+ million of equipment and trucks in Houston, TX
Ritchie Bros. sells US$64+ million of equipment and trucks in Houston, TX Canad...
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[{"type":"text","content":"\n \n \n \n Ritchie Bros. sells US$64+ million of equipment and trucks in Houston, TX\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 Three-day online event attracted 11,200+ bidders from 60+ countries to compete for 6,000+ items\n \n \n \n \n HOUSTON\n \n \n ,\n \n \n Nov. 14, 2022\n \n \n /CNW/ - With its final\n \n Houston, TX\n \n site auction of the year,\n \n Ritchie Bros\n \n . attracted more than 11,200 online bidders to compete for 6,000+ items, generating US$64+ million in gross transaction value.\n \n \n Approximately 87% of the equipment in the\n \n November 8\n \n – 10 auction was sold to U.S. buyers, including 44% purchased by Texans. The remaining 13% was purchased by international buyers from far away as\n \n Thailand\n \n ,\n \n Egypt\n \n , and\n \n Great Britain\n \n . Auction highlights included 1,600+ transportation assets, 1,100 construction equipment assets, 1,000+ agricultural assets, 600+ lifting & material handling assets, and more—all assets were sold without minimum bids or reserve prices.\n \n \n \"We had great weather and a lot of interested bidders inspecting equipment onsite ahead of the sale, resulting in strong competition through all three days of the auction,\" said\n \n Chuck Roberson\n \n , Regional Sales Manager,\n \n Ritchie Bros\n \n . \"This was our last\n \n Houston\n \n auction of the year, but we still have a ton of buying and selling opportunities, including an onsite\n \n Fort Worth\n \n auction on\n \n December 13\n \n – 15, weekly IronPlanet events, our daily Marketplace-E solution, and\n \n Ritchie List\n \n .\"\n \n \n \n Five Big Sellers from\n \n Houston\n \n :\n \n \n \n \n 2017 Mack GU714 concrete pump truck –\n \n US$410,000\n \n \n \n 2005 Terex HC275 crawler crane –\n \n US$310,000\n \n \n \n 2015 Grove RT 880E 80-ton 4x4x4 rough terrain crane –\n \n US$270,000\n \n \n \n 2020 Vermeer D23X30III directional drill –\n \n US$250,000\n \n \n \n 2019 Caterpillar 336 hydraulic excavator –\n \n US$185,000\n \n \n \n \n \...