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Tiger Group to Auction Newer Tractors, Trailers in Bankruptcy Sale

January 10, 2025, 06:53 AM
Filed Under: Industry News
Related: Auction, Tiger Group

A Tiger Group live webcast auction on Jan. 16 will feature more than 50 new and late-model trucking assets—both tractor trucks from well-known makers such as International, Peterbilt, Freightliner, Paccar, Kenworth and Daimler and reefer and dry van trailers from CIMC, Great Dane, Hyundai, Utility and Wabash.

The bankruptcy auction comes as part of the complete liquidation of a leading North American tractor truck and trailer dealer and leasing company, with assets located in California, Georgia, Indiana, Ohio, Texas, South Carolina and several other states.

The assets are predominantly late-model, ranging in age from 2021 to 2024, noted Chad Farrell, Managing Director, Tiger Commercial & Industrial. "This court-approved sale is a rare occasion to acquire well-maintained tractor trucks and trailers at liquidation values," Farrell said. "This is also a great opportunity for truckers, trucking companies, dealers, and leasing companies across North America to add to their fleets in early 2025."

The live webcast auction starts at 1 p.m. (CT) on Jan. 16 at SoldTiger.com. Veteran auctioneer Wayne Hecht, Senior Director of Operations for Tiger Commercial & Industrial, will take online bids in a live simulcast from Tiger Group's studio.

It is the first in a series of sales. "All told, we have approximately 110 tractor trucks and trailers to offer at auction, so interested bidders should stay tuned for the next event," Farrell said.







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