A collapsed trucking company will see its entire fleet go under the hammer, as administrators try to claw back cash for creditors. Transtar Linehaul, which was known for providing services to clients like Star Track Express and Couriers Please, entered into administration in July.
Administrators are now undertaking a campaign to sell off dozens of the Australian trucking company’s prime movers and trailers. The $6 million auction will be conducted online by auction house Pickles next week.
Administrator Adam Shepard of HM Advisory said the collapse of Transtar reflected the pressures currently…