News service and business centre for materials handlingHOME

18829,18825,18826,18832,18835 5536
Forklifts sold via auction
Thursday, 24 Apr 2008 ( #357 ) - BRISBANE, Queensland, Australia
Local News Story
A number of forklifts, including wrecks and spare parts, from the liquidated Independent Forklift Services (IFS) were sold at an auction held at the company’s old premises in Sumner Park, Brisbane by Grays last week. It is believed total sales reached around AUD250,000.  

Director Roger Postle of PPB (Qld), administrator of IFS, tells News that 100% of the items on auction were sold, at "better than expected" prices.

He adds that proceeds from the sale will be directed to the secured creditors, with the balance being distributed to the administration, thus closing the chapter on IFS and its forklift assets.

Also this month, online auctions of forklifts have proved the viability of this relatively new sales channel.

Over a hundred forklifts from Powerlift (Nissan), Australia’s importer and distributor of the Nissan forklift range, went under the hammer via GraysOnline – the first time that the company has tried this method.

Steven Stewart, general manager, branch and dealer operations, tells News that he was satisfied with the sales achieved, with over 80% sold.

He says the experience was a generally positive one, with overall prices in line with pre-sale expectations, adding that the company will use this sales channel again in future.

Another satisfied customer is United Equipment which auctioned off around 130 forklifts, listed as ‘surplus to requirement’, in an online auction from 26 March to 3 April.

CEO David Maxwell tells News that he was satisfied with the sales achieved, with 100% of the items sold. However, the prices achieved were below expectation.

Maxwell points at the large volume of auction stock offered recently as the major reason for prices not reaching the levels they enjoyed 12 months ago.
Discuss News stories in the Discussion Forums!
separate border
Global News

Global News

FRANCE French equipment maker Haulotte has recorded a 56% rise in ... [more]
GERMANY One of Europe's most important logistics and materials handling events, ... [more]
UNITED STATES CLARK Material Handling Company has appointed PA Industrial Equipment as ... [more]

GERMANY Linde Material Handling is expanding its portfolio of robotic solutions ... [more]
UNITED STATES UniCarriers Americas (UCA) has announced the launch of its new ... [more]
AUSTRALIA Toll has deployed a fleet of 10 AGVs at its ... [more]
CHILE Expanding its operations, Chile-based Gruas Maule recently acquired a new ... [more]
CANADA GCT Canada has ordered 10 Konecranes rubber-tyred gantry (RTG) cranes ... [more]
CANADA AGV maker OTTO Motors has released its OTTO Industrial API ... [more]
UNITED STATES A 34-year-old man has been killed using a forklift at ... [more]

BOLO mirrors take the guesswork out of loading and unloading, allowing drivers to see around the load, making workplaces safer and more efficient.    Developed with the support of the Australian government and winner of a Good Design Award, BOLO is in demand in the US, the world's largest ... [more]

Announcements (Ads)

Independent tests show simple forklift attachment will slash pallet repair ... [more]

In addition to our SLB-Series Smart Load Banks, Eagle Eye ... [more]
SUN–TWS are part of the 107-year, US$8 Billion TVS Group, ... [more]
In order to promote our ranges all over the world, ... [more]
Cascade will present exciting developments in logistics and damage reduction ... [more]
If you’re looking to futureproof your supply chain, MODEX is ... [more]
Battery Supplies was founded in 1999 by Hans Weyme and ... [more]

A few of the company highlights on offer at CeMAT ... [more]
GEM One announces the imminent release of their GEM Sapphire ... [more]
Miretti Americas continues the evolution of EX technology and brand ... [more]

At this week's Logimat, participants were able to witness a ... [more]
56 Speakers. 19 Countries. 2 Days. 2018 AIP National Conference [more]
The digital integration of industry, energy and logistics is gathering ... [more]
Don’t let sourcing equipment slow you down, find new, used and rental machinery FAST with Machinery-onQ. Our smart and comprehensive search filters help you locate the right new, used or rental machine for any application. With increasing pressures on the supply chain, adapting quickly to changing demands is ... [more]
Safety First

Safety First(Blog)

Overlooking the three required elements of forklift training can come ... [more]

Subscribe to the weekly e-newsletter.
©2013 - All rights reserved
Forkliftaction Media Pty Ltd
PO Box 1439
Milton QLD 4064
About Forkliftaction
The Forkliftaction Team
Privacy Policy
Site Map
Business Directory
Discussion Forums
Industry News
Events Calendar
Jobs & Resumes
Photo Galleries
Blog articles
Our Bloggers

Industry Brands
Company Index
Regions & Countries

Advertise on Forkliftaction
Editorial Features / Calendar
Featured Businesses
Past News Editions
Industry Associations
Storing your login information automatically.

When you select the 'Remember me' option, your login information will be stored on your computer in the form of a cookie. When you visit again, the stored login information will be retrieved automatically and you will not have to submit your login parameters (email address and password) each time you want to visit our members-only pages.

A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer's hard drive. A cookie can't read data off your hard disk or read cookie files created by other sites. Cookies do not damage your system.

 Back to Top