Wilson Trucking Acquired by Central Freight
Central Freight Lines announced it would be acquiring Wilson Trucking for an undisclosed sum. The deal, which pairs two less-than-truckload carriers that have been in the industry for roughly the same amount of time, may create new and beneficial business opportunities.
Distance can work against the freight industry in some cases, making it harder to service certain clients who are further away from a carrier’s headquarters. This transaction will help create a network along the Southeast and Southwest United States, making it easier for customers to get quicker deliveries.
The resulting 85-terminal system can help provide a more streamlined and connected type of service. C.L. Wilson, chairman and CEO of Wilson Trucking, said: “This is very good news for the many loyal customers of Wilson. Central Freight Lines has been in business for over 90 years just like Wilson Trucking and I’m confident Wilson’s customers will be quite impressed with the many service offerings of Central Freight Lines.”
Wilson Trucking has noted that more information will be coming out about the deal as things continue to develop. The president and CEO of Central Freight Lines, Don Orr, noted that the move allows them to fulfill their strategy of being a premier Sunbelt LTL provider in the trucking industry. Both carriers were established in the 1920s, and they have remained key players in freight transportation.