Of Interest

Ritchie Bros. Sells 2,600+ items at Moerdijk Auction in The Netherlands

Ritchie Bros. conducted its first Moerdijk, The Netherlands auction of 2019, selling more than 2,600 equipment items and trucks for €37+ million ($42+ million). read more

Domino’s Celebrates the Opening of 16,000th Store

Domino's Pizza celebrated the grand opening of its 16,000th store in the world in Cheektowaga, NY. read more

Positive Turnaround Lifts February Credit Managers’ Index

Credit professionals saw a turnaround in the February 2019 economic report from the National Association of Credit Management, as the manufacturing and service sectors experienced gains after a two-month decline. read more

Ritchie Bros.’ First 2019 Edmonton Auction Sells $52MM+ in Equipment

Ritchie Bros. conducted its first Edmonton, AB auction of the year. Despite the extreme cold, more than 5,000+ equipment items and trucks sold over three days for C$69+ million ($52+ million) — up 15% year over year. read more

Monitor Launches New Modern Format Digital Magazine

As part of its 2019 rebranding process, Monitor has launched a brand new modern look and format for its digital magazine. read more

Construction Industry Optimism Remains High for Eighth Consecutive Year

For the eighth consecutive year, construction industry executives say they feel optimistic about the year ahead for their business sector, according to the 43rd Wells Fargo Construction Industry Forecast. read more

Ritchie Bros. Hits $297MM+ in World’s Largest Equipment Auction

Ritchie Bros. hosted its largest auction ever at a 220-acre auction site in Orlando, FL. Over six days, the company sold 13,350+ assets for over $297 million — up 7% from last year's $278+ million total. read more

Tiger Group to Auction Assets of Zacky Farms Poultry Company

Pursuant to a UCC foreclosure process, Tiger Group and Barliant Auctions are accepting bids for a live online auction on March 5, 2019 for more than 200 units of well-maintained rolling stock and farm equipment from Zacky Farms. read more

ACT: Supply & Demand-Side Triggers Impacting Heavy CV Markets

ACT Research’s Commercial Vehicle Dealer Digest queries whether the current record-setting Class 8 cycle will close differently than previous peak periods. read more

FASB Proposes New ASU on Deferred Revenue

The Financial Accounting Standards Board proposed an Accounting Standards Update (ASU) and Invitation to Comment (ITC) on the recognition and measurement of deferred revenue in business combinations. read more

Ag Resource Management Opens New Office in Asheville, OH

Ag Resource Management, an asset-based lender that provides operating capital specifically for the purpose of growing crops, will open a new office in Asheville, OH. read more

ACT Research Releases Landmark Study on Commercial Electric Vehicles

ACT Research has released its landmark multi-client study, Commercial Vehicle Electrification: To Charge or Not To Charge, to the public after it was available only to charter subscribers. read more

Monitor Offices Closed Presidents’ Day

The Monitor offices will be closed Monday, February 18 in observance of Presidents’ Day. read more

Avolon: 2019 Aircraft Leasebacks Likely to Return to Average Levels

Aircraft lessor Avolon issued its 2019 Industry Forecast, titled ‘Buckle Up’. The paper, written by Avolon’s Head of Strategy Dick Forsberg, provides a review of 2018 while offering predictions for the industry in 2019. read more

Watrefall, TRP Make Strategic Investment in Flex Fleet Rental

Flex Fleet Rental completed a strategic transaction with Waterfall Asset Management’s private equity platform and TRP Capital Partners, a transportation-focused private equity firm. read more

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Terry Mulreany
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