Jump to content

Wilson Trucking to be sold


jettertrucks

Recommended Posts

Wilson Trucking set to be sold

Staunton News Leader  /  February 21, 2017

FISHERSVILLE - Wilson Trucking Corp. announced Monday there could be some changes coming to the company.

Wilson Trucking has signed a letter of intent with Central Freight Lines Inc., which will buy certain assets of Wilson Trucking and expand Central Freight Lines' service territory into the Southeastern U.S., a release said.

"This is very good news for the many loyal customers of Wilson," said C.L. Wilson, chairman and CEO of Wilson Trucking, said in a release. "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."

It is unclear about what will happen to the company in Fishersville and its employees and customers.

The News Leader has reached out to Wilson Trucking. But, according to the release, the company said it will continue to provide customers the "best available less-than-load service in the Southeast."

"As with any transaction like this there will be additional information coming out about a wide array of topics," the release said. "Our commitment to you is to keep you informed in a timely fashion about all topics that directly affect our business relationship."

The Texas-based Central Freight Lines is expected to close on the company by March 31.

"This is an important move for Central Freight Lines," said Don Orr, president and CEO of Central Freight Lines, in a release. "It allows us to fulfill our strategy of being the premier coast-to-coast Sunbelt LTL provider in the industry. We look forward to adding Wilson's customers to Central's list of highly satisfied customers."

Wilson Trucking, based out of Fishersville, was started in the early 1920s by C.G. Wilson when he used a Ford Model T pick-up truck to haul products from the Wilson farm to the metro marketplace, its website said.

The company grew with the family's second generation. In the 1950s C.W. Wilson took over until the 1990s. C.L. Wilson, along with T.G. Wilson, are the third generation of the family to run the company, its website said.

Wilson Trucking encompasses nine states and Washington, D.C.

Related reading - http://wilsontrucking.com/news/pr20170220.htm

Link to comment
Share on other sites

Central Freight Lines to Buy Virginia-Based Wilson Trucking

Heavy Duty Trucking  /  February 23, 2017

Central Freight Lines has signed a letter of intent to buy certain assets of Virginia-based Wilson Trucking, a 91-year-old less-than-truckload carrier with 29 terminals in the Southeast.

The acquisition expands CFL’s coverage to the Southeast and Puerto Rico, which the company expects to improve its competitive position in the LTL and distribution markets. CFL operates 56 terminals in the West and Southwest regions of the U.S.

“This is very good news for the many loyal customers of Wilson,” said C.L. (Chuck) Wilson, chairman and CEO of Wilson Trucking. “Central Freight Lines has been in business for over 90 years just like us, and I’m confident our customers will be quite impressed with the many quality services they offer.”

CFL is a Waco, Texas-based LTL common carrier operating 1,600 tractors and 8,000 trailers in 17 states.

.

image 1.jpg

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...