Tiger Group, Liquidity Services to Auction Off Terra Nova Fleet
APR 24, 2019 - 6:35 am
By order of the Quebec Superior Court, Tiger Group and Liquidity Services will conduct an online-only auction of a large fleet of late-model truck tractors, dry van trailers, refrigerated units, pickup trucks, dollies, forklifts and other support and shop equipment formerly owned by Terra Nova Transport.
The 160 units up for bid are located at the Boucherville, Quebec-based company’s former facilities in Boucherville, Bolton, Ontario, and Salisbury, New Brunswick. All assets will be available for bidding in an online auction from April 24, 2019 through May 1, 2019 at www.go-dove.com .
The transportation services company, which primarily operated in the Northeast U.S., Ontario, Quebec and Canada’s Maritime provinces, closed at the end of 2018. The auction will include rolling stock that were in operation at the time of Terra Nova’s closing, including 76 Vanguard, Great Dane and Utility 53-foot dry van trailers; 25 Freightliner, International and Kenworth truck tractors and 17 reefer and tri-axle reefer trailers manufactured by CIMC, Utility, Wabash, and Great Dane. Most assets are 2016 or older models.
Other assets being offered include 19 dolly trailers from Manac, CIMC, Vanguard, CROS, and ITD; two Capacity shunt trucks/yard tractors; and a variety of pickup trucks, forklifts, shop equipment, and parts.
“Transportation companies will find tremendous value in the range of late model truck tractors, trailers, refrigerated units and support equipment offered in this auction,” said Chad Farrell, managing director of Tiger’s Commercial & Industrial Division. “This event represents a unique opportunity to acquire well-maintained transportation equipment at competitive prices.”
“This is an excellent opportunity for buyers to access a single inventory of trucks, tractors, trailers and other rolling stock in operating condition at the time of closure,” said Nick Taylor, senior vice president at Liquidity Services.
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