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Australasian Transport News (ATN)  /  April 8, 2016

Company says upcoming auction is part of its 'fleet rationalisation exercise'

Heavy haulage and heavy equipment rental firm NQ Group has appointment Manheim to manage an auction of its fleet in Brisbane next month.

The auctioneering company says NQ Group is undergoing a fleet rationalisation move in order to align its fleet "to better service current market conditions".

"NQ Group has a range of late model equipment for auction as part of our rationalisation strategy post the acquisition of CQ Group in 2015," NQ Group CEO Brendan Webb says.

"Aligning our fleet with market needs means we have a number of high quality assets available for sale."

While the auction is scheduled for May 11 at Eagle Farm, Manheim says the assets are available for purchase through direct sale prior to the event.

The auction items are available for inspection at Manheim’s Brisbane location.

To view the catalogue of auction items and details about the sale, visit the Manheim website. (http://www.manheim.com.au/trucks-machinery/landing/heavy-haulage)

 

NQ Group to undergo “fleet rationalisation exercise”

Prime Mover Magazine  /  April 8, 2016

Auctioneering company Manheim has reportedly been appointed by NQ Group to manage a major fleet sale on its behalf.

According to Manheim, the Archerfield, QLD based heavy haulage specialist is undertaking a “fleet rationalisation exercise” with the goal of “aligning its fleet to better service current market conditions”.

As such, Manheim said a number of NQ Group assets are being made available for sale, with an auction scheduled for 11 May at Eagle Farm.

Manheim commented, “Highlights include multiple Kenworth prime movers, including T659, T909, C508, K908 and K200 models … as well as multiple Drake low loaders with modular platform combinations.”


Brendan Webb, CEO of NQ Group, commented “NQ Group has a range of late model equipment for auction as part of our rationalisation strategy post the acquisition of CQ Group in 2015.

“Aligning our fleet with market needs means we have a number of high quality assets available for sale.”

 

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