04.30.2008
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| Six furniture trucking firms to merge
Six furniture trucking firms to merge
4/30/08 Quote:
VALDESE, N.C. — Six well-known specialized furniture carriers have agreed to merge, forming a new organization called World Wide Logistics that will serve all 50 states and Canada.
The merger, which is expected to close in June, brings together Four Truckers of Morganton, N.C.; Furniture Transportation Systems of Pomona, Calif.; Milwaukee Delivery Service of Jefferson, Wis.; Palmer Transport of Ontario, Calif.; Rudisill Transportation of Hickory, N.C.; and Warren Trucking of Martinsville, Va.
World Wide Logistics will have its corporate offices in Valdese, but will maintain the nine warehouses and distribution centers that have been operated by the six carriers involved in the deal.
The new company will have annual revenues of about $100 million.
“This world-class organization takes the specialized transportation services for the home furnishings industry to a new level,” said Dan Hunt, who will be CEO of the new company.
“The structure of WWL maintains the existence of the underlying subsidiary companies,” he added. “This ensures that our customers will continue to enjoy the same personal relationships that they have had in the past with each of the WWL companies.”
More here ............... http://www.furnituretoday.com/articl...=Headline+News |  |
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