Industrial Auction News 437

11th February 2020 – Auction of Logistics Equipment from Cherokee Marine Terminal

Cincinnati Industrial Auctioneers has 50 years of experience in the field of asset auction, appraisal and disposition for businesses across a broad client base. CIA will sell machinery formerly of Cherokee Marine Terminal, located in Nashville, Tennessee.

Logistics company Cherokee Marine Terminal specialised in the storage and handling of steel coils and steel wire rod, moving steel on river barges on the waterways of Middle Tennessee. In December 2019 the firm announced that their Nashville facility would close in February 2020.

The live onsite and webcast auction will take place at midday on the 11th of February. The assets can be inspected the day before the sale and include: 100 Ton American 7260 lattice boom crawler crane; a selection of Taylor lift trucks, diesel lifts and gas lift; pick up truck, wheel loader and trackmobile. Selection of lifting attachments; clam bucket; lifting straps; cable spreaders; clamps; compactors; containers; diesel fuel tanks; support and shop equipment.

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