In Houston, TX, Ritchie Bros. sold more than 5,300 equipment items and trucks for over $57 million, setting new site records for total gross transactional value for an August auction and total number of registered bidders.

The Houston auction, which was conducted with online bidding only, attracted over 11,100 registered bidders from more than 60 countries. U.S. buyers purchased approximately 90 percent of the equipment, including 40 percent purchased by Texas buyers, while international buyers from such countries as Argentina, France and Saudi Arabia purchased 10 percent of the equipment.

"We had a great two days down here in Houston, and were very fortunate that the approaching Hurricane Laura didn't affect our operation in any way," said Alan McVicker, Regional Sales Manager, Ritchie Bros. "We had a record turnout of online bidders and consignors were very happy with the enthusiastic bidder participation and results. We had a nice mix of construction gear, material handling equipment, cranes, oilfield-related assets and a huge number of trucks, so there was really something for everyone at this auction. And that, together with the volume of bidders, resulted in strong pricing across the board."