12,000 bidders from 58 countries competed for 4,000 items in the
June 15 – 16, 2021 auction
HOUSTON, June 18, 2021 /CNW/ - Ritchie Bros. June Houston, TX auction saw a 30% increase in both
gross transaction value and bidder registrations year over year.
The two-day unreserved auction attracted 12,000 bidders and
generated US$56+ million in GTV.
"Our marketplaces continue to drive record-breaking demand, with
online equipment views per lot for our Houston auction up 84% from our June 2020 event," said Alan McVicker, Regional Sales Manager,
Ritchie Bros. "This unprecedented
demand is driving strong pricing across all equipment categories.
In this week's Houston sale, we
saw particularly hot pricing for truck tractors and vocational
trucks. We also achieved great returns for a package of 65
pipelayers, despite the volatility in that industry. We encourage
consignors to contact us today to take advantage of this 2021
seller's market."
Approximately 87 percent of the equipment in the Houston auction was purchased by U.S. buyers,
including 52% sold to Texas
buyers, while international buyers from as far away as Australia, Vietnam, and the United Kingdom purchased the remaining 13
percent. With 100% of bidding done online, Ritchie Bros. saw a 22% increase in watchlist
adds per lot and a 39% increase in PriorityBids per lot.
Five Big Sellers:
- 2017 Caterpillar PL87 pipelayer – US$545,000
- 2008 Caterpillar 587T pipelayer – US$380,000
- 2017 Caterpillar PM622 cold planer – US$220,000
- 2015 Peterbilt 389 day cab heavy haul truck – US$150,000
- 2019 Peterbilt 365 tri-drive day cab heavy haul truck –
US$112,500
AUCTION QUICK FACTS: HOUSTON,
TX (JUNE 15 - 16 2021)
- Gross Transaction Value (GTV): US$56+ million
- Total Registered Bidders: 12,000
- Total Number of Lots: 4,000+
- Total Number of Consignors: 600+
Ritchie Bros. will sell more than
60,000 equipment items and trucks in its upcoming auctions,
including a Northeast Regional Auction on June 22 – 23; a Great Lakes Regional Auction on
June 24 – 25; and our next
Texas auction in Fort Worth on July
20 – 21. The company also has weekly featured online
auctions at IronPlanet.com and a daily reserved option with
Marketplace-E.
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 number 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 the exclusive IronClad Assurance® equipment condition
certification; Marketplace-E, a controlled marketplace offering
multiple price and timing options; Mascus, a leading
European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately
negotiated sales. The Company's suite of solutions also includes
Ritchie Bros. Asset Solutions and
Rouse Services LLC, which together provides a complete end-to-end
asset management, data-driven intelligence and performance
benchmarking system. Ritchie Bros.
also offers sector-specific solutions including GovPlanet,
TruckPlanet, and Kruse Energy, plus equipment financing and leasing
through Ritchie Bros. Financial
Services. For more information about Ritchie Bros., visit RitchieBros.com.
Photos and video for embedding in media stories are
available at rbauction.com/media.
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SOURCE Ritchie Bros.