Subscribe to our free, weekly email newsletter!


Brown Trucking brings Schrader on board

By Jeff Berman, Group News Editor
September 17, 2010

Metro Atlanta-based dedicated short-haul truckload carrier James Brown Contracting Inc. announced it as acquired Schrader Trucking Co, a Jefferson City, Tennessee-based dry van truckload carrier.

Financial terms of the deal were not disclosed.

Schrader is comprised of 95 trucks and 201 trailers and operates in the Southeast, Midwest, and Mid-Atlantic regions, as well as Texas and Canada, mainly transporting plastics, vinyl films, retail, building materials and industrial machinery parts, according to Brown officials. Schrader President Phil Schrader will step down from his position and Co-owner and Vice President will stay on board and serve as director of business development for Brown Trucking, according to Brown.

Brown Trucking CEO Brian Kinsey told LM there were various reasons behind this acquisition.

We had been in discussions with the sellers for over a year, looking for a cultural fit, customer relationships and a plan that would assure a smooth, successful transition,” said Kinsey. “Schrader provides Brown with an experienced, high quality driver force, a great customer base, and a high quality, dedicated group of employees to operate what will be our largest terminal outside the Atlanta area.”

Kinsey noted that when combined with Brown Trucking, Schrader increases its service flexibility with additional capacity when needed, and the Brown service network will help Schrader load its trucks back to northeastern Tennessee. Brown also adds a high-service dedicated and short haul capability to Schrader’s markets, he said.

While the carriers have similar service footprints, acquiring Schrader adds Canadian service and regular routes into Brown’s network into Texas and the Midwest. In terms of personnel, Schrader adds more than 100 employees—including drivers—into the fold at Brown.

“The acquisition of Schrader adds nearly a hundred late-model trucks to our network, but more importantly, a like number of really good, quality drivers and a service network that is very complimentary with Brown Trucking,” said Kinsey. “Schrader’s location in the heart of our footprint increases our service density in eastern Tennessee and the surrounding area.”

 

 

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA