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Articlesby StaffSeptember 12, 2015

Rail's Role in Vehicle Transport

Rail’s role in vehicle transport can be glimpsed up-close at Union Pacific’s auto facility in Mira Loma, Calif., where new vehicles are shipped from manufacturers via rail.

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NewsSeptember 11, 2015

State Line Auto Auction: 20 Years Online

On October 12, 1995, at State Line Auto Auction, in Waverly, N.Y., the first vehicles ever offered both “live” and “electronically” were processed at a General Motors closed auction.

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NewsSeptember 11, 2015

ADESA Chicago Breaks Ground

ADESA recently broke ground on its 65-acre Hoffman Estates, Ill.-based ADESA Chicago facility, scheduled to open in Summer 2016.

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NewsSeptember 11, 2015

Auction Academy Completes Summer Sessions

Auction Academy completed three separate sessions this summer and looks to finish the 2015 curriculum with a joint-class session in Detroit for the fall.

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NewsSeptember 10, 2015

Mid-Size SUVs Lead August Depreciation

Mid-size SUVs from the 2010 to 2014 model years recorded the highest depreciation in August, slipping 3 percent from July to $18,650, while compact pickups increased in value during the month, according to Black Book.

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NewsSeptember 8, 2015

Copart Relocates Regional Office to Dubai Industrial City

Copart, Inc., an online vehicle auction company, has announced the opening of its new corporate regional headquarters for the Middle East.

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NewsSeptember 4, 2015

Compact Car Wholesale Values Continue Struggle

Entry mid-size cars actually showed a slight increase this past week, while overall, the volume-weighted car values decreased by 0.39 percent last week.

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NewsSeptember 3, 2015

IAA Adds to Leadership Team

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services announced that Tim O’Day will join the company as senior vice president of Finance reporting to John Kett, CEO and president.

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NewsSeptember 2, 2015

KAR Adds New VP to Legal Team

KAR Auction Services, Inc., named Chuck Coleman as the company’s new vice president and associate general counsel.

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NewsSeptember 1, 2015

Depreciation to Reach 14-14.5 Percent by End of 2015

The main factor driving depreciation rates will be rising used vehicle supply, varying by vehicle segments.

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