Announced
Completed
Financials
Tags
truckload carrier
Single Bidder
Completed
United States
Domestic
Acquisition
Private
Third Party Logistics (3PL)
Majority
Friendly
Synopsis
Heartland Express, a truckload transportation company, completed the acquisition of Smith Transport, a dry van truckload carrier, for $170m. “We are proud to welcome the Smith people, customers, and brand to the Heartland Express family. We are extremely happy to bring aboard a company with a rich tradition of trucking for more than forty years. It is truly an honor to have Smith Transport join our team. The Smith companies will continue to operate from Roaring Spring, Pennsylvania, under the leadership of Todd Smith, President, with ongoing support from founder and legend Barry Smith," Michael Gerdin, Heartland Express Chairman, President and CEO.
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