United Road gears up for long haul: Acquisition helps car hauler meet demand
It’s a good time to be a car hauler.
The post-recession automotive industry is churning out more vehicles than the trucking industry has the capacity to readily move, and the major over-the-road haulers are expanding to meet demand. Romulus-based new- and used-vehicle transporter United Road Services Inc. in December bought the auto hauling division of Billings, Mo.-based Waggoners Trucking Inc. for $225 million. The acquisition is a textbook example of how…(read more)
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