Fuel for Thought | Company Growth
On June 5th of this year, we announced the purchase of Transport America by TransForce, subject to government approval which was granted. We officially closed the deal on July 3rd. The things we talked about a month ago I am pleased to report are playing out as planned. In other words, not much has changed. The leadership team will continue to lead the organization, we have accelerated investments in tractors, trailers, and trailer tracking to support future growth. Customers have been very enthusiastic because we will be growing faster and are able to offer them broader North American solutions. While it is early, we have enjoyed the working relationship with TransForce and are excited to be their platform for US Truckload growth.
All of this sets up for a very exciting future for Transport America. The manufacturing economy continues to grow, we are seeing more freight opportunities come our way and are having some very good success in conversations with customers about the rising costs of trucking and the need to improve rates to deal with these rising costs. I am very bullish on the second half of 2014 and am confident that our best days are ahead of us.
For our existing drivers, thanks for the great service you provide and continue the focus on driving and working safely every day. For drivers considering a career here, I can’t think of a more exciting time to be part of the Transport America team.