Two-day auction attracts 4,250+ bidders from 57 countries; 58%
of equipment sold online
HOUSTON, June 23, 2017 /CNW/ - Summer officially kicked
off in Texas as Ritchie Bros. conducted its third Houston auction of the year this week, selling
4,700+ equipment items and trucks for US$46+ million—making it the
largest June auction ever for the site.
Over two action-packed days (June
21 – 22, 2017), more than 4,250 people from 57 countries
registered to bid in the auction, including 2,850+ people who
registered to bid online. Approximately 58 percent of the equipment
(US$26+ million) was sold to online bidders. U.S. buyers purchased
86 percent of the equipment, including 44 percent purchased by
Texas buyers. International buyers
from as far away Australia,
Egypt, and Vietnam purchased 14 percent of the
equipment.
"We had a very successful auction with a wide range of equipment
items and trucks selling for just about every sector," said
Alan McVicker, Regional Sales
Manager, Ritchie Bros. "Enthusiastic
bidder turnout both onsite and online, along with strong pricing,
helped us achieve 17 percent higher gross auction proceeds this
week than the same auction last year and make this our largest June
auction ever in Houston. We had an
impressive line-up of cranes that attracted a lot of attention from
around the world, we were particularly pleased with the price we
got for a customer selling a Manitowoc 16000 440-ton crawler crane
that went for US$2.25 million. I
would like to offer a big thank you to all of our consignors,
bidders and buyers that continue to make our auctions great
events."
Equipment in the auction was sold for 550+ owners. The selection
included 120+ excavators, 75+ cranes, 55+ dozers, 50+ compactors,
50+ skid steers, 55+ dump trucks, 325+ truck tractors, 330+
trailers and much more. All items were sold without minimum bids or
reserve prices.
Specific equipment highlights:
- A 2013 Manitowoc 16000 440-ton self-erecting crawler crane sold
for US$2.25 million
- Three 2013 Grove RT540E4 40-ton 4x4 rough terrain cranes sold
for a combined US$577,500
- Two 2014 Caterpillar D6T XW dozers sold for a combined
US$545,000
- A 2014 Caterpillar MH3059 material handler sold for
US$360,000
- Two 2012 Volvo A30F 6x6 articulated dump trucks sold for a
combined US$330,000
- A 2016 Peterbilt 389 sleeper truck tractor sold for
US$95,000
Auction quick facts: Houston,
TX (June 2017)
- Gross auction proceeds – US$46+ million
- Amount sold to online bidders – US$26+ million
- Total registered bidders (onsite and online) –
4,250+
- Online registered bidders – 2,850+
- Number of lots sold – 4,700+
- Number of sellers – 550+
About Ritchie
Bros.
Established in 1958, Ritchie
Bros. (NYSE and TSX: RBA) is a global asset management and
disposition company, offering customers end-to-end solutions for
buying and selling used heavy equipment, trucks and other assets.
Operating in a multitude of sectors, including construction,
transportation, agriculture, energy, oil and gas, mining, and
forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's
largest industrial auctioneer offers live auction events with
online bidding; IronPlanet, an online marketplace with featured
weekly auctions and providing its exclusive IronClad
Assurance® equipment condition certification; EquipmentOne, an
online auction marketplace; Mascus, a leading European
online equipment listing service; and Ritchie Bros. Private Treaty, offering privately
negotiated sales. The company also offers sector-specific solutions
including GovPlanet, TruckPlanet, and Kruse Energy Auctioneers,
plus equipment financing and leasing through Ritchie Bros. Financial Services. For more
information about the unprecedented choice provided by Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
SOURCE Ritchie Bros.