Greatwide Logistics Services

Cybergal · Oct 22, 2008

Greatwide Logistics Services to be acquired by investor group

Greatwide Logistics Services a national provider of nonasset-based transportation and third-party logistics services announced Tuesday, Oct. 21, that it intends to enter into an agreement to be acquired by an investor group comprised of its first lien secured lenders, including affiliates of Centerbridge Capital Partners and the D.E. Shaw group.

Greatwide says it believes that the transaction will allow it to complete its financial restructuring expeditiously while providing an efficient way to address the companys capital structure needs with no disruption to its operations or customer service. The company says it expects the sale to reduce its debt and interest burden, enhance its competitiveness and position the company for continued growth and profitability.
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http://www.etrucker.com/apps/news/article.asp?id=73271

Cybergal · Jan 15, 2009

Greatwide Logistics acquired by investor group

Greatwide Logistics Services, a national provider of nonasset-based transportation and third-party logistics services, announced Wednesday, Jan. 14, that it has obtained court approval for its acquisition by an investor group that includes affiliates of Centerbridge Partners and The D.E. Shaw Group. The company expects to close the transaction within the next 30 days.
http://www.etrucker.com/apps/news/article.asp?id=75293
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1pissedoffdriver · Jan 19, 2009

Just crious if anyone know's about GREATWIDE.They just called me today on a dedicated account.I would like info if ya have any.
thanks

Forgot to say it is a dedicated grocery store i will be hauling to..any info let me no

rookietrucker · Jan 19, 2009

There is a thread somewhere on them. Let me find it.

http://www.thetruckersreport.com/tr...de-scoop/52495-anyone-work-for-greatwide.html

Dispatchcares · Jul 7, 2010

you have to work for them

stay away!

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