Full-service logistics provider Ready Logistics moved more than 194,000 vehicles in January, which was the company's best month ever.. It was a 55 percent increase compared to last January’s volume. “This surge signals a desire in the marketplace for turnkey, end-to-end logistics and transportation solutions,” Ready Logistics said in a news release.  The Cox Automotive brand can […] [Read More]

Manheim announced general manager changes at five auction locations on Wednesday. The company promoted Manheim St. Louis’ Jason Blake, Manheim Kansas City’s Victor Ferlaino, Manheim Denver’s Ray Priest, Manheim Milwaukee’s Tom Saldutte and newly hired Manheim Northstar’s Scott Maybee, who joins Manheim following a position as vice president of operations for Nissan Canada Finance. “These […] [Read More]

Auction Management Solutions (AMS) announced earlier this month that firm has partnered with KASP Auto Auction in Lexington, Ky., for business development consulting. KASP owner Jim Williams his aligned with AMS, which was started by industry veterans Tom Stewart and Richard Curtis to provides consulting services for independent auto auctions, service providers and vendors.  “We […] [Read More]

KAR Auction Services Group’s James Walker, the company's senior director of environmental, health and safety,  will share his insight during a free NAAA Webinar titled “Are We Prepared for Workplace Safety and OSHA?” Walker will discuss how providing workers with a safe and healthy workplace is critical to the wellbeing of business during the event […] [Read More]

Along with its monthly update on the specialty market, the latest Black Book Market Insights report showed both car and truck segments retaining their values better than they have in the past nine months. Editors determined subcompact cars, compact cars, compact crossover/SUVs and compact vans preformed the best, depreciating just 0.06 percent or less. “Good […] [Read More]

Cox Automotive chief economist Tom Webb tipped his cap, so to speak, with regard to dealers being able to turn used metal after reviewing how wholesale prices behaved during the opening month of the year. Manheim reported on Tuesday that wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) slipped slightly in January. […] [Read More]

I want to wish everyone a Happy New Year and continued success in our industry in 2017. I have made the decision to make this my final year of writing these editorials and again, I thank Bill Zadeits and his team for the opportunity and I hope to light a fire under key issues in […] [Read More]

Black Book found that both its vehicle value data and mood in the lanes reflected an upbeat direction as the industry approaches spring activities. This week’s Black Book Market Insights report again showed compact cars demonstrating better retention heading into the early spring selling season. Editors mentioned the overall truck segment values decreased by only […] [Read More]

The International Automotive Remarketers Alliance has launched a new website and opened up its membership renewal and member enrollment period for North America, the organization said in a news release. Starting today, current IARA members or those interested in becoming members can go to www.iara.biz to renew or apply, respectively.   IARA said in the […] [Read More]

RMS Automotive — Cox Automotive’s portfolio management solutions provider — announced on Wednesday that four of its key personnel have transitioned into new and expanded roles; they include Zach Hallowell as general manager, David Gaynoe as assistant vice president of global sales and marketing, Connie Suozzo as assistant vice president of operations and Ilana Kearns as […] [Read More]