Ritchie Bros. Reports Successful Houston Auction

June 2014, Vol. 69, No. 6

Ritchie Bros. Auctioneers sold more than $46 million of heavy equipment and trucks during a two-day unreserved public auction at the company’s permanent auction site in Houston, TX, on April 16-17.

More than 3,800 registered bidders competed for more than 3,700 heavy equipment items and trucks, including over 80 hydraulic excavators, more than 50 cranes, a large selection of oilfield transportation equipment and more. The auction saw numerous site records broken: most sellers at a Houston auction (more than 500) and the largest number of online bidders (2,250+) and online buyers (550+) at a Houston auction. Every item was sold to the highest bidder, regardless of price without minimum bids or reserve prices. Bids were made in the auction on-site, online in real time at www.rbauction.com or by proxy. 713.455.5200