Universal Truckload Services announced Thursday, July 13, that it has acquired the operations of Noble & Pitts, a Scottsboro, Ala.-based truckload carrier providing nationwide dry van, flatbed and brokerage services. Noble & Pitts will operate as part of Universal’s Mason & Dixon Lines subsidiary.
Noble & Pitts generated combined truckload and brokerage revenues of about $33 million in 2005, including fuel surcharges of $3 million, through the support of about 26 agents, 250 owner-operators and 30 employees. Terms of the acquisition were not announced.
“We appreciate the efforts of our acquisition team led by Leo Blumenauer and the Noble & Pitts organization in structuring a deal that will bring this outstanding organization into UTSI,” says Don Cochran, president and chief executive officer of Warren, Mich.-based Universal. “Noble & Pitts brings with it an excellent management team, as well as a strong group of agents and owner-operators, that will add value to the Universal Truckload Services family of companies.”
Universal Truckload Services is primarily a non-asset based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec. The company’s trucking services include both flatbed and dry van operations, and it also provides rail-truck and steamship-truck intermodal support services. Universal also offers truck brokerage services.