As the company continues its growth plans, JMN Logistics said Wednesday that it has added several new services to its vehicle transport offerings. Specifically, JMN said it now is providing enclosed hauling and has opened up a new “General Freight” division. “It seems like a natural progression,” said chief operating officer Cindy Darnell. “We have […] [Read More]

Brasher’s Auto Auctions named a new general manager at Brasher’s Northwest Auto Auction in Eugene, Ore., on Thursday. Promoted to the role was Mark Melton, who has worked for Brasher’s since 1998 when he joined the sales team at Brasher’s Portland Auto Auction. After 18 months in Portland, Melton moved to Eugene to oversee the […] [Read More]

Dale Pollak and Todd Kinzle from vAuto are hosting a free webinar for used-car managers and other dealer executives aimed at helping to ease the challenge of purchasing the “right” auction vehicles for the “right” money in today’s competitive wholesale environment. The one-hour session titled, “Turn Car-Buying Frustration Into Competitive Advantage,” will include time for […] [Read More]

ServNet is celebrating its 25th anniversary this year, tracing its growth as a group, marking its contributions to the industry and stressing its collective commitment to independent ownership and superior service. Initially conceived as a way for independently owned auctions to increase their national visibility, ServNet has grown to include the nation's leading independent auctions […] [Read More]

GE Capital Fleet Services said on Tuesday that it identified $460 million in customer cost savings last year with accelerated and optimal replacement analyses cited as the leading areas for savings. By analyzing customers’ fleets to maximize efficiency and reduce costs, GE Capital has identified a total of $1.4 billion in potential savings opportunities for […] [Read More]

During this past week, a large number of no-sales plus an industry “hesitancy” to build inventory from the auction lanes prompted Black Book’s Ricky Beggs to question where these trends are coming from. The managing editor said, “The numbers out of the used wholesale activity during the past week seem to have indicated hesitancy in […] [Read More]

The buying fever faded a bit in the auction lanes this week, according to John Brasher of Brasher’s Sacramento Auto Auction. He noted in the post-sale report from the auction’s Jan. 15 sale:“The strong market continued, but I must say it wasn’t the fever pitch it was last week. Last week was the first full […] [Read More]

Direct Auction Services announced today it has named a president. Appointed to the position is David Young, who was most recently senior market vice president at Manheim, where he headed up auction operations in South Texas and the Gulf Coast. “We are delighted to welcome David Young to the Direct family of businesses as the […] [Read More]

Following its success with monthly sales at the Florida auction, Westlake Remarketing  will hold sales at Sanford Auto Dealers Exchange twice each month. This was announced by auction owner Michael Tumminello. [Read More]

Though industry analysts have found that wholesale prices are sitting at high rates as 2013 gets underway, these same experts do not expect hiked prices in the lanes to last for long. In fact, Kelley Blue Book's latest Blue Book Market Report said that as the effects of Hurricane Sandy begin to wane, wholesale values […] [Read More]