Scrap Metal Recycling Shows Growth Potential

Scrap Metal Recycling Shows Growth Potential

The scrap metal recycling market is a core component in most automotive recyclers’ businesses. As such, it is important to pay attention to the status of the market and the outlook that industry analysts have for this segment of the industry. In as recent study...
TEAM PRP ACQUIRES MIDWEST RUNNER NETWORK 

TEAM PRP ACQUIRES MIDWEST RUNNER NETWORK 

On April 3, 2023, Team PRP announced that they had successfully executed a merger agreement with Midwest Automotive Trucking. This agreement consolidates the Team PRP and Midwest Runner networks allowing members of both networks the opportunity to openly trade without...
In the Know: What Are LFP Batteries?

In the Know: What Are LFP Batteries?

Just when the automotive recycling is getting its head around lithium-ion battery use within the electric vehicle market, it was recently announced that Ford will be installing lithium iron phosphate (LFP) batteries into some of it vehicles in late 2023. Specifically,...
The PART Act & It’s Impact on Catalytic Converter Theft

The PART Act & It’s Impact on Catalytic Converter Theft

In December 2022, Senators Amy Klobuchar (D-Minn) and Ron Wyden (D-Ore) introduced a bill at the federal level that would create a national framework to mark catalytic converters, while also establishing a set of criminal penalties intended to thwart catalytic...