Knight-Swift Transportation (CCJ Top 250, No. 4) on Monday announced the acquisition of RAC MME Holdings and its subsidiaries, which includes Midwest Motor Express (No. 197) and Midnite Express (collectively MME), for $150 million.
Founded more than 100 years ago, MME provides less-than-truckload, full truckload and specialized and international logistics transportation services in the upper midwestern and great northwestern regions of the U.S., and ACT Research Vice President and Senior Analyst Tim Denoyer said its regional footprint complements Phoenix, Arizona-based Knight-Swift's southeastern and midwestern LTL presence alongside its AAA Cooper Transportation (ACT) brand, which together cover more than half of the United States.
Knight-Swift spends $150M to grow its LTL network
Knight/swift purchase another ltl company for $150million.
Discussion in 'Truckers News' started by drvrtech77, Dec 8, 2021.
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idriveaholden, Chinatown and clausland Thank this.
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They taking over !
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What’s funny is out in my neck of the woods. They run a lot of Wyoming including Casper, Billings, and Salt Lake City with Rocky Mountain doubles. Imagine if all the old hands leave and they get replaced with Swifts trucking model. They might not change the business and everyone stays put. But big companies do what they want to do. Yellow destroyed Reddaway compared to where it was before but atleast yellow was another LTL company.
JonJon78 Thanks this. -
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Take note. They're trying to prove that idiots can do LTL so they can pay people like idiots.
They've been trying that with reefer work for many years now.JonJon78 Thanks this. -
LtlAnonymous Thanks this.
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JonJon78 Thanks this.
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Anyways, yeah. Hiring standards have lowered dramatically in recent years.JonJon78 Thanks this.
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