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Ritchie Bros. Sells 13,000 Items for Over $114M in Houston and Edmonton June Auctions

HOUSTON, TX — Ritchie Bros. conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. The two largest of these events took place in Alberta and Texas, where Ritchie Bros. sold a combined $114 million of equipment online for approximately 1,800 consignors.

The Houston, Texas, auction attracted more than 10,000 online bidders for the over 5,900 items consigned, with buyers from Texas purchasing approximately 48 percent of the equipment. Specific sales highlights included a 2013 Link-Belt RTC80110 110-ton rough terrain crane that sold for $305,000; a 2018 Caterpillar D6T dozer that sold for $255,000; and two 2020 Peterbilt 567 6x4 truck tractors that sold for $240,000 each. All items were sold without minimum bids or reserve prices.

"Our Houston yard was very busy leading up to the auction with customers inspecting, testing, and comparing items prior to bidding online," said Chuck Roberson, Regional Sales Manager, Ritchie Bros. "As expected, we continue to drive strong pricing for late-model, low-hour equipment and trucks, resulting in a lot of happy consignors."

Approximately 700 companies sold equipment in the three-day Houston auction, including a complete dispersal for MDS Boring & Drilling Inc.

"When you work with Ritchie Bros. everything is first class," said Cortney Laney, Vice President & Chief Operating Officer for MDS Boring & Drilling. "They have the best marketing, reach the most buyers, and will get you the most money for your equipment. We sold more than 450 items in [the] Houston auction and were extremely happy with the results. I'd like to thank Ritchie Bros. and its employees for their professionalism throughout the entire consignment process. They were so friendly, polite, and respectful."
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