TransAm Trucking to purchase reefer operation
Jan 4, 2005 8:46 AM, from staff and wire reports
Olathe, KS-based TransAm Trucking plans to acquire James Helwig & Son Inc, a refrigerated carrier based in Rockwall TX, in a deal expected to close February 28. TransAm said the acquisition will expand its resources as a refrigerated long-haul trucking company serving the Midwest and East Coast by adding lane capacity and additional tractors and trailers.
The combined company will operate in the 40 states between the Eastern Seaboard and the Rocky Mountains. Terms of the deal were not disclosed.
"TransAm Trucking continues to expand," said John Jacobson, Jr., president. "This acquisition gives us added capacity and the ability to accelerate our growth to meet the ever-increasing needs of our customers. Helwig is a great fit for TransAm because it serves the same geographic region and allows us to immediately increase our service to the combined customer base by accommodating the 10% to 15% growth wešre seeing in shipments."
TransAm plans to keep the Rockwall facility open and will retain James Helwig to lead that operation.
Helwig has more than 290 employees and nearly 250 tractors based at the Texas facility. TransAm now has more than 1,400 employees, 1,200 tractors, and 2,400 refrigerated trailers. TransAm also has an operation in Rocky Mountain NC.
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