Tiger Group announced the first auction in a series of receiver ordered liquidation sales involving trucks tractors and related assets formerly owned by national transportation operator Montgomery Transport. Bidding is underway through an online auction platform with assets located in Alabama Indiana and Mississippi. The sale includes late model sleeper truck tractors flatbed trailers pickups vans and refrigerated units reflecting a broad cross section of fleet equipment available to qualified buyers across regional transportation markets during the current liquidation process.
According to the company the auction features Peterbilt 579 sleeper tractors from 2019 or later along with equipment trailers generators forklifts and maintenance shop machinery. Additional assets include truck parts tires storage systems and office furniture technology and supplies. The liquidation follows a court supervised receivership and is expected to continue with additional sales. Bidding closes February 3 at 10 a.m. Central Time. The assets are dispersed across multiple sites enabling participation from fleet operators dealers and logistics firms seeking replacement capacity at reduced capital cost. The sale reflects ongoing adjustments within the U.S. freight sector as carriers restructure operations and redistribute physical assets through secondary markets under receiver oversight amid shifting demand and cost pressures across regional transport networks.
Why it matters
The auction highlights restructuring in the U.S. transportation sector and influences equipment pricing, fleet capacity planning, and capital allocation decisions.
Source Attribution
Source: Tiger Group
