Fleet Worth $6 Million to Be Auctioned Off After Major Trucking Firm Goes Under

Date:

Fleet Worth $6 Million to Be Auctioned Off After Major Trucking Firm Goes Under

A truck drives past the container terminal at the Port of Melbourne in Melbourne on September 4, 2024. Australia’s ailing economy recorded another quarter of near moribund growth, with data on September 4 showing second-quarter gross domestic product expanded just 0.2 percent from the previous three months. (Photo by William WEST / AFP) Photo by WILLIAM WEST/AFP via Getty Images

An entire fleet of late-model trucks is to be auctioned off after the collapse of another trucking company. Transtar Linehaul, which provided services to clients including Star Track Express and Couriers Please, was placed into administration in July.

In an attempt to recoup some of the debt owed to creditors, administrators HM Advisory plan to sell the company’s vehicles, including 38 late-model prime movers and 56 curtain-side trailers, from manufacturers such as Vawdrey, Scania, Volvo and Krueger. The fleet, expected to raise $6 million, will be sold through an online auction by Pickles next week, from Oct. 20 to 23, 2025.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Gasoline Prices Below $4 a Gallon for First Time Since April

A gas customer in Los Angeles on May 7,...

Business Council Warns Labor to Cut Spending Before Implementing New Tax Scheme

Australia's Prime Minister Anthony Albanese holds a press conference...

Victorian Government Introduces Bill Giving Workers Right to Work From Home

The bill has faced strong opposition from major industry...

1 in 4 Australians Get Most of Their News From Social Media Despite Deep Distrust: Study

A 13-year-old boy poses at his home as he...