With tight equipment supply in the market, Ritchie Bros. sold more than 4,400 equipment items and trucks for over USD57 million from its Houston, TX auction site last week.

The auction attracted 10,750 bidders from 55 countries, with approximately 88% of the equipment being purchased by US buyers, including 44% purchased by Texans. 

The remaining 12% was purchased by international buyers from as far away as Bolivia, Taiwan and the Netherlands. 

"We continue to see incredibly strong pricing for late-model equipment and trucks, resulting in a lot of happy consignors, eager to sell again," says Chuck Roberson, regional sales manager, Ritchie Bros. 

The highest price at the auction, USD470,00, was paid for a 2017 Manitowoc crawler crane.