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Heartland Express Acquires Assets From CFI For $525 Million

Discussion in 'Truckers News' started by Eddiec, Aug 22, 2022.

Page 2 of 2
  1. Aug 24, 2022 #11
    kranky1

    kranky1 Road Train Member

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    The first tell there is truckload really isn’t their thing. Cabano was a pre deregulation terminal network LTL carrier. That’s always been their focus, but acquisitions they have been quick to strip the LTL out of and either close out the operation altogether, or spun it off as a truckload carrier and sell it.
     
    kranky1, Aug 24, 2022
    kranky1, Aug 24, 2022
    #11
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  3. Aug 24, 2022 #12
    Long FLD

    Long FLD Road Train Member

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    I was talking about Heartland. They only purchased the truckload side of CFI and their Mexican brokerage. The purchase doesn’t include any of their dedicated stuff or their US brokerage.
     
    Long FLD, Aug 24, 2022
    Long FLD, Aug 24, 2022
    #12
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