Texas auction unloads over $45 million in heavy equipment

File photo
Ritchie Bros. Auctioneers recently set a new Texas auction record when it sold over $45 million in heavy equipment at an unreserved public auction in Houston.

Over 3,700 people from 59 countries placed bids in person, online and by proxy, and bought approximately 325 trailers, 300 truck tractors, 110 excavators, 50 flatbed trucks, 45 winch tractors, 35 dump trucks and 20 farm tractors.

Buyers from outside Texas purchased 41 percent of equipment and trucks, with equipment sold to buyers from as far away as Bolivia, France and New Zealand. Online bidders accounted for 44 percent of purchases.

Organizers said the steamy, stifling weather in late June didn't stop bidders from showing up either.

"In spite of the hot and humid weather (last month's) auction drew large crowds and intense bidding due to the great selection of construction equipment, cranes, trucks and trailers, including a large quantity of heavy-haul oilfield transportation and oil- and gas-related equipment," Alan McVicker, regional sales manager for Canada-based Ritchie Bros. Auctioneers, said.

McVicker said Ritchie Bros. aims to sell hundreds of truck tractors at a July 22-23 auction in Fort Worth, Texas.

The 57-year-old company is the world's largest seller of used equipment for the construction, transportation, agriculture, material handling, energy, mining, forestry, marine and other industries.

Organizations in this story

Ritchie Bros. Auctioneers 9500 Glenlyon Pkwy Burnaby, BC - V5J

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