Akron, Iowa-based carrier Heyl Truck Lines announced that it has acquired fellow family-owned carrier Holiday Express Corp.
Based in Estherville, Iowa, Holiday Express operates a fleet of more than 50 tractors and 80 refrigerated trailers. The more than 50-year-old company provides local, regional and over-the-road transportation.
The deal closed Monday. Financial terms were not disclosed.
“The acquisition of Holiday Express is a positive move for Heyl Truck Lines, Holiday Express, and for all of our employees and customers,” said Bruce Koele, president of Heyl Cos. “There will be many additional opportunities for qualified drivers and support staff.”
Primarily a temperature-controlled carrier, Heyl’s fleet includes more than 400 tractors and 900 reefers. The more than 70-year-old company operates a hub-and-spoke network out of its terminals in Iowa, South Dakota, Texas, Florida and Okotoks, Alberta.
The company’s offering also includes a full lineup of freight and logistics services, including dry van freight and dedicated transportation as well as brokerage services, in the U.S. and Canada.
“We are excited about the additional resources, capacity and services that we will be able to offer to our customers as a result,” said Koele.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now