Announced
Financials
Tags
Trucking
Majority
Acquisition
Private
truck load carriers
United States
Friendly
Single Bidder
Pending
Synopsis
Central Freight Lines, a non-union less-than-truckload carrier specializing in regional overnight and second-day markets, agreed to acquire Volunteer Express, a full service expedited carrier, offering LTL, truckload, volume, expedited, dedicated and local cartage operations. Financial terms were not disclosed. "We welcome the members of Volunteer Express into a healthy, expanding company with a deep leadership bench. We have experienced tremendous growth year over year, and as our industry continues to evolve, we will continue to attract and retain the best talent while expanding our footprint and services for our growing customer base," Michael Brennan, Central Freight's Chief Operating Officer.
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