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Peterbilt 386 sleeper-cab–style commercial 6×4 tractor unit. A tractor unit, also known as a truck unit, lorry unit, power unit, prime mover, ten-wheeler, semi-tractor, semi-truck, semi-lorry, tractor cab, truck cab, lorry cab, big rig tractor, big rig truck or big rig lorry or simply a tractor, truck, lorry, semi, big rig or rig, is a characteristically heavy-duty towing engine that ...
Bid rigging is a fraudulent scheme in a procurement action which enables companies to submit non-competitive bids. It can be performed by corrupt officials, by firms in an orchestrated act of collusion, or by officials and firms acting together.
Conventional style cab tractor A cab-over semi-tractor Tractor with an end-dump trailer A FAW semi-trailer truck in China A semi-trailer truck (also known by a wide variety of other terms – see below) is the combination of a tractor unit and one or more semi-trailers to carry freight. A semi-trailer attaches to the tractor with a type of hitch called a fifth wheel. Other terms There are a ...
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In a discriminatory price auction (or pay-as-bid auction, [4] PAB [2]), multiple homogeneous items are sold at different prices. [5] An example is the auction system at the Dutch Flower Auctions, where a lot is allocated to (potentially) multiple buyers in different bidding rounds. To speed up this process, the initial auction price for any ...
Oct. 18—The rig count in the Permian Basin was unchanged this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 312 rigs were active in the region.
Dec. 8—The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 313 rigs active in the region. A year ago, 350 rigs were active in the region.
The brothers began conducting auctions more regularly and in 1958 incorporated Ritchie Bros. Auction Galleries Ltd. to formalize their new business. [4]: 17 Ritchie Bros. began selling used equipment in the 1960s. In 1963 Dave Ritchie moved to Vancouver, B.C. and rented an auction site on S.E. Marine Drive. He set up the company's first ...
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