Heartland Express Acquires Pennsylvania-Based Smith Transport For $170M
Heartland Express, Inc. (NASDAQ:HTLD) has acquired 100% of the equity of dry van truckload carrier Smith Transport, Inc. and related entities for ~$170 million. Smith Transport, founded in 1982, is an asset-based truckload carrier headquartered in Roaring Spring, Pennsylvania, with terminals in Pennsylvania, Georgia, and Indiana. Smith primarily provides dry van transportation and…
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