$57 million auction for Ritchie Bros

Ritchie Bros. sold more than 4,400 equipment items and trucks for US$57+ million from its Texas, USA, site during its April auction last week.

The online auction attracted more than 10,000 bidders. Photo: Ritchie Bros

The online auction attracted more than 10,000 bidders from 55 countries, with approximately 88 per cent of the equipment being purchased by US buyers, including 44 % purchased by Texans.

The remaining 12 % was purchased by international buyers from countries that included Bolivia, Taiwan, and the Netherlands.

“We continue to see incredibly strong pricing for late-model equipment and trucks,” said Chuck Roberson, regional sales manager at Ritchie Bros.

“We had a fantastic selection of assets available, including part one of a complete dispersal for MDS Boring & Drilling, which included pipelayers, earthmoving equipment, trucks, and trailers.”

Ritchie Bros. has several upcoming online and site events, as well as offering private sales.

Big lots at the Houston sale included:

• 2017 Manitowoc Model 11000-1, 110 US ton capacity crawler crane, sold for $470,000
• 2020 Caterpillar 349FL hydraulic excavator – $460,000
• Three Caterpillar 587T pipelayers – $330,000 each
• 2019 Caterpillar D6T LGP crawler tractor – $290,000
• 2020 Peterbilt 567 8 x 4 truck tractor – $242,500