Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.
A liquidation of this size has not been seen for decades, Stacy Tracy, president of auctioneers ., told Transport Topics, adding that it was by far the biggest sale by value in the history of the trucking industry.
Still, said Tracy, “the market has the appetite to consume this type of volume.”
