surplus property

ADECA Moves Surplus Property Auctions Online

Alabama News Network Staff,
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by Alabama News Network Staff

The Alabama Department of Economic and Community Affairs (ADECA) is moving Alabama’s public surplus property auctions to the internet starting this month. In a statement, ADECA says its move will allow for items to be auction year-round and allow the surplus property division’s Montgomery warehouse, where auctions had been held, to stay open throughout the year. Previously, the division would…

CSX Changes

Company has major rail terminal in Montgomery
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  CSX has a large presence in  Montgomery. It operates a major train terminal in the city, and its rail cars can be seen crisscrossing the area daily. Now the Wall Street Journal is reporting CSX is planning to cut back on its capital expenses by as much as 20%…and sell surplus property. The newspaper quotes the CEO as saying…