Bear Transportation Services: ArcBest boosts logistics business with $26 million acquisition of Bear Transportation

Fort Smith-based ArcBest Corp. is spending about 10% of its more than $260 million in cash to beef up its logistics business by acquiring Bear Transportation Services, a Plano, Texas-based regional truckload brokerage company. The deal, valued at $26 million, will pull the more than 140 Bear employees and annual revenue of about $120 million ... ContinuedThe post ArcBest boosts logistics business with $26 million acquisition of Bear Transportation appeared first on Talk Business.