Source: Benzinga

Volunteer Express: Central Freight Lines, Inc. Announces Definitive Purchase Agreement To Acquire Volunteer Express, Inc.

WACO, Texas, March 23, 2020 /PRNewswire/ -- Central Freight Lines, Inc., a 95-year leader in the LTL industry, today announced it has entered a definitive purchase agreement to acquire Volunteer Express, Inc. The agreement is expected to close on April 5, 2020. At that time, all operations will be officially combined, and the companies will function under the Central Freight Lines brand.The combination of these two respected organizations will allow for an increase in internal processes and expand the footprint and services for all customers. In doing so, Central Freight Lines is expected to assume a stronger position amid industry changes including driver shortages and regulatory challenges, increasing their competitive advantage.Volunteer Express was founded in ...Full story available on Benzinga.com

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Est. Annual Revenue
$25-100M
Est. Employees
25-100
Rick Baker's photo - President of Volunteer Express

President

Rick Baker

CEO Approval Rating

80/100

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