Case Histories

Twin Express

Glencoe, Minnesota

Delivering Guaranteed Results and Maximizing Fleet Asset Recovery

Situation

A court-appointed Receiver engaged Hyper Group to marshal and sell Twin Express’ fleet of 70 truck tractors and 88 refrigerated trailers.

Actions

Hyper Group provided the Receiver with a contractual guarantee of minimum sale proceeds, effectively shifting a significant portion of the estate’s recovery risk to Hyper Group. Our team worked with the Receiver to coordinate the logistics to marshal all 158 assets to a central yard, overseeing cleaning, preparation, and staging to ensure the fleet was auction-ready.   

Results

All assets were prepared on schedule, and the auction delivered results that far exceeded expectations. Result highlights included:

  • Gross Sale Proceeds: Exceeded expectations by over 18.0%
  • Registered Bidders: 779
  • Bidder Reach: Participants from 48 U.S. states and 4 countries

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