Schneider Acquires Watkins & Shepard Trucking and Lodeso Inc.
June 2, 2016
Schneider (Green Bay, Wisconsin) acquired less-than-truckload specialist Watkins & Shepard Trucking (Helena, Montana) and final-mile carrier Lodeso Inc. (Zeeland, Michigan) to expand its capabilities in final-mile delivery and capitalize on fast-growing e-commerce. Terms were not disclosed; Watkins & Shepard operates 20 terminals and about 1,300 drivers, while Lodeso operates an agent network of nearly 600 agents, enabling Schneider to link first-mile and final-mile logistics for large consumer goods.
- Buyers
- Schneider
- Targets
- Watkins & Shepard Trucking, Lodeso Inc.
- Industry
- Transportation
- Location
- United States
- Transaction Type
- Buyout
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