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Strong pricing continues in US$53+ million Ritchie Bros. auction in Houston, TX
Strong pricing continues in US$53+ million Ritchie Bros. auction in Houston, TX ...
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[{"type":"text","content":"\n \n \n \n Strong pricing continues in US$53+ million Ritchie Bros. auction 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 HOUSTON, Nov. 12, 2020\n \n \n \n \n Two-day online auction attracted 11,300+ bidders from 67 countries; up 39% year over year\n \n \n \n HOUSTON\n \n ,\n \n Nov. 12, 2020\n \n /CNW/ - Demand for equipment at Ritchie Bros.' online auctions continues to break records, as the company saw bidder registrations jump 39 percent year over year for this week's US$53+ million auction in\n \n Houston, TX.\n \n \n \n Due to COVID, the\n \n November 10\n \n – 11 auction was conducted 100% online, attracting interested bidders from 67 countries. Approximately 85 percent of the assets in the auction were purchased by U.S. buyers, including 40 percent purchased by buyers from\n \n Texas\n \n , while international buyers from as far away as\n \n Mexico\n \n ,\n \n Australia\n \n , and the\n \n United Kingdom\n \n purchased 15 percent.\n \n \n \"As one of the first big auctions of our fourth quarter, we are excited by the continued record-breaking demand and strong pricing we achieved this week in\n \n Houston\n \n ,\" said\n \n Alan McVicker\n \n , Regional Sales Manager, Ritchie Bros. \"Auction after auction we continue to prove that no matter the format—onsite, online, or both—we deliver unmatched demand and results. In fact, we saw more international participation in\n \n Houston\n \n this week than the site had seen in 12 – 18 months. If you have equipment to sell, we encourage you to contact us today to be a part of one of the many events we have before the end of the year.\"\n \n \n \n Sales highlights include:\n \n \n \n \n A 2012 Link-Belt HTC3140LB 140-ton 10x6x4 hydraulic truck crane sold for\n \n US$425,000\n \n \n \n A 2005 Terex HC275 275-ton crawler crane sold for\n \n US$350,000\n \n \n \n A 2019 Komatsu PC360LC-11 hydraulic excavator sold for\n \n US$185,000\n \n \n \n A 2017 Volvo A40G 6x6 articulated dump truck sold for\n \n US$177,500\n \n \n \n A 2016 Caterpillar\n \...