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

OECD Report Fuels Growing Concerns Over Chinas Subsidy-Driven Model

ADChina NewsMark Us Preferred on GoogleContainers are seen at...

Business Council Urges Labor to Cut Spending Before Raising Taxes, Warns Companies Looking Offshore

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

AI Minister Unveils New Digital Privacy Bill

Minister of Artificial Intelligence and Digital Innovation Evan Solomon...

Government Is Taxing Property Like Tobacco: Peak Property Body Says

(L to R) HIA chief economist Tim Reardon, HIA...