Ritchie Bros. Holds Record Houston Auction

Aug. 30, 2013
Ritchie Bros. Auctioneers sold more than $53 million of heavy equipment, trucks and other industrial assets during a two-day unreserved public auction in Houston Aug. 28 and 29, the most items ever sold at a Houston auction — more than 4,700 items — and the largest online gross auction proceeds at a Houston auction, more than $21 million. Highlights included more than 160 truck tractors, more than 60 rough-terrain cranes and more.More than 3,700 people from 59 countries, including all 50 U.S. states, registered in person or online in the auction. Bidders from outside Texas purchased more than $25 million or 48 percent of total gross auction proceeds. Equipment in the auction was sold on behalf of more than 425 sellers, including Louisiana-based Scott Equipment Co., which consigned more than 120 heavy construction and agricultural machines to this week’s auction.“This auction — our fourth Houston auction of 2013 — featured one of the best selections of transport and heavy haul equipment we have ever sold here in Houston,” said Alan McVicker, regional sales manager for Ritchie Bros.For more information about Ritchie Bros. Auctions, visit www.rbauction.com.