Fuel and livestock transporters receive HOS relief in Tennessee | Trucks and trailers face bankruptcy auction
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Trucking updates and highlights for Friday, January 10, 2025:
Tennessee suspends Hours of Service regulations for specific transporters due to winter conditions.
The Tennessee Emergency Management Agency on Thursday declared a state of emergency due to winter weather impacting the state, waiving hours of service regulations for truck drivers hauling certain commodities. Tennessee joins a bevy of other states that have declared weather emergencies and similar waivers throughout the week.
The declaration and waiver in this matter are specifically relevant to operators involved in the transportation of fuels such as fuel oil, diesel, gasoline, kerosene, propane, liquid petroleum, and other refined petroleum products and heating fuels, as well as those engaged in transporting feed for livestock or poultry industries or the animals within those sectors.
The declaration will remain in effect for 14 days, expiring on January 23.
An online auction for bankruptcy equipment is scheduled to take place on January 16th.
A live webcast bankruptcy heavy-duty equipment auction will be held Thursday, Jan. 16, hosted by financial services firm Tiger Group.
The auction is set to showcase over 50 trucks and trailers from nearly all of the leading OEMs.
The bankruptcy auction comes as part of the complete liquidation of what's described as 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, Tiger Group said.
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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 will begin at 1 p.m. Central time on Thursday, 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
