Earlier this month, Manheim Logistics and DHL Supply Chain announced an exclusive partnership to help build “a more holistic transportation management system” with the goal of continuing to boost efficiency and transparency. Manheim Logistics, which facilitates about 10 million vehicle shipments annually through its Central Dispatch and Ready Logistics platforms, is turning to DHL Supply […] [Read More]

Manheim has expanded its mobile auction network, with a new mobile sale launching Wednesday in Rochester, N.Y. The company is conducting the Manheim Rochester site in partnership with Bob Johnson Automotive Group. Manheim Rochester, which was previously Central Auto Auction, is the auction company’s first physical presence in the area. (A Manheim spokesperson confirmed that […] [Read More]

Holman Enterprises, which is a global automotive services organization, has named Chris Conroy president and chief operating officer, while also announcing several additional leadership changes that it said will support its “continued evolution” and further align its automotive core competencies. Holman said Brian Bates will continue to lead the organization’s retail division, Holman Automotive. The company said […] [Read More]

Instant wholesale vehicle trading platform CarOffer has named automotive logistics and services company ACERTUS as its exclusive transportation provider, stating that ACERTUS will support CarOffer’s mission to help dealers trade, source, purchase and move used inventory faster. ACERTUS executive vice president of global operations Jeremy Cope said in a news release that his company appreciates […] [Read More]

The U.S. Patent and Trademark Office awarded a patent to global digital marketplace IAA for an “Automatic Dispatch System for Tow Service Providers,” and IAA said the technology “streamlines the recovery process for total loss vehicles.” IAA filed for the patent in May, and it was approved in August. The patent, under U.S. Patent No. […] [Read More]

Particularly in the COVID-19 era, the importance and growing presence of simulcast auction sales cannot be overstated. From corporate giants to independents, the ability to simulcast is a necessity in the tool belt of an auto auction.    Digital-leaning wholesale may now be ubiquitous, but it has been years — decades, even — in the making.    […] [Read More]

Experian’s closing installment of its State of the Automotive Finance Market report for 2018 indicated vehicles with the highest market share for new-model leasing included SUVs like the Chevrolet Equinox, Toyota RAV4, Nissan Rogue and Jeep Grand Cherokee as well as Honda’s popular sedans, the Civic and Accord. Those particular vehicles could be part of […] [Read More]

During Wednesday’s quarterly Manheim Used Vehicle Value index call with the industry, Cox Automotive chief economist Jonathan Smoke began his opening comments with this update. "On this call, we find the industry and used-vehicle values having performed very strongly in the last quarter, but September marked an important change," Smoke said.  For one, that change involved […] [Read More]

Copart has made a trio of senior leadership moves this week, including naming a new chief operating officer, chief marketing and product officer and chief financial officer. Starting with the new COO to replace the recently retired Sean Eldridge, appointed to that position was Steve Powers, who had been the company’s Eastern Division vice president […] [Read More]

Fall’s arrival appears to be bringing welcomed relief for independent dealerships looking to build their inventory. Black Book explained why through its latest COVID-19 Market Insights released on Tuesday. Analysts recapped in the report, “This past week, we saw more independents being the successful bidder. This is a welcome sight as we’ve talked to so […] [Read More]