Gordon Brothers Group to sell construction vehicles at auction

Gordon Brothers Group said on Monday that it plans to sell a large package of equipment, formerly owned by Hodges Trucking Company, LLC, through Ritchie Bros. Auctioneers in September and October.

“Due to the late-model nature of the fleet and its outstanding condition, we received a tremendous amount of interest from both dealers and end users around the country,” Robert Maroney, president of Gordon Brothers Group’s Commercial and Industrial Division, said. “We quickly realized that combining our extensive orderly disposition experience in this sector, along with Ritchie Bros.’ proven success in an auction format, would be a mutually advantageous strategy to maximize the value of these assets.”

In June, Gordon Brothers said it had executed a definitive agreement with Rodan Transport Ltd. and Hodges Trucking Company to acquire a large portion of Hodges’ fleet of heavy-haul and mobile crane equipment, and undertook its immediate, orderly disposition.

Ritchie Bros. subsequently approached Gordon Brothers Group’s Commercial & Industrial Division to arrange for a large-scale auction event to include the equipment, which consists of mobile cranes (all-terrain, truck-mounted and crawler), truck tractors, trailers, forklifts/loaders and service trucks.

"The equipment acquired by Gordon Brothers Group includes some of the best-maintained and high-performing cranes on the market today,” Terry Dolan, president  of Ritchie Bros. for the U.S. and Latin America, said. “We are excited to work with Gordon Brothers Group and look forward to the results we can accomplish together.”

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Hodges Trucking Company Ritchie Bros. Auctioneers

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