Kam-Way Transportation added 33 trucks and 60 reefers to its holdings with the recent acquisition of Produce Supply Express.
Founded in 2008, the Blaine, Washington-based Kam-Way Transportation blossomed into an operation that employs 325 people and possesses 226 tractors and 510 trailers. The organization also works with upwards of 8,000 carriers from facilities in Sumner and Spokane, Washington; Fresno and Stockton, California; and Surrey, British Columbia. Produce Supply Express is based out of Spokane, making the acquisition a natural fit for Kam-Way’s footprint.
“A successful, family-owned, 33-truck and 60 reefer fleet operation founded by John Hutchins in 1972. We welcome the Produce Supply Express “PSE” family to our Kam-Way family. PSE will continue to operate under its current management,” Kam-Way reportedly posted on social media. “However, the Kam-Way Transportation leadership team will provide additional support so PSE can continue to provide top-notch service to its long-standing customer base. Kam-Way subsidiary Rees Enterprises, Inc. will share PSE’s terminal in Spokane as its second operating location. PSE provides dry and refrigerated asset-based trucking services to and from Eastern Washington to California/Arizona/Nevada/Utah and Colorado.”
A.N. Webber Logistics Acquires Hicks Co.
A logistics subsidiary of A.N. Webber reportedly purchased Hicks Co, a freight broker based in Queen Creek, Arizona.
A.N. Webber Logistics acquired the 40-year-old firm that specializes in flatbed brokerage, primarily in the Western U.S. Hicks is expected to operate under its current moniker through 2022. In 2023, the outfit would reportedly be rebranded and placed under the A.N. Webber umbrella.
“What we liked so much about this opportunity is the similarities between our organizations,” A.N. Webber CEO Alan N. Webber reportedly said. “We’re both family-owned and operated with long-standing customer, carrier, and employee relationships. We have a lot of the same objectives. We’ll be able to benefit from each other’s strengths and limit gaps in our network.”
Consolidated Fastfrate Completes Challenger Group Deal
Consolidated Fastfrate recently closed a deal with Challenger Group that elevates it to Canada’s sixth-largest for-hire trucking company.
“When the opportunity arose to grow by acquiring a North American truckload carrier with a solid asset base and as well run as Challenger, I couldn’t pass it up,” Fastfrate chairman Ron Tepper reportedly said. “Today’s closing of the acquisition of the Challenger Group will give rise to one of Canada’s largest, most diverse and integrated trucking companies.”
The deal adds 1,200 tractors, 3,000 trailers, and 300 chassis to Fastfrate’s assets, making it a North American “powerhouse” with 2,000 tractors, 4,000 trailers, 900 chassis, and approximately 5,000 employees. Fastfrate also possesses 45 facilities and makes deliveries by leveraging truck and rail capabilities. The Challenger acquisition expands its footprint into new markets.
“I liked it because there’s no overlap of what we do. We can feed freight into the Fastfrate network and provide over-the-road and expedited services,” Challenger founder Dan Einwechter reportedly said.
Challenger is expected to operate under its current name and management team, with Einwechter keeping a minority share and serving as non-executive chairman.