Nebraska Transport Co. — a truckload and less-than-truckload carrier based in Gering, Neb. — recently announced the acquisition of LTL carrier Tri State Freight Shuttle, located in Sioux Falls, S.D. Terms were not announced.
NTC has 14 terminals located in Nebraska, Kansas, Missouri, Illinois, Iowa, Colorado, Wyoming and South Dakota. Tri State Freight Shuttle has terminals in Minneapolis, Sioux Falls and Omaha, Neb., and serves a three-state area of Minnesota, Nebraska and South Dakota.
“This acquisition allows us to extend our service area, quickly and efficiently, by the purchase of another family-owned business with great service and high standards of customer service,” says Brent Holliday, NTC owner. “It not only offers us the opportunity to expand service in our core area, but it allows our customers to now ship with NTC direct to Minnesota points such as Minneapolis. It opens a new area for us, bringing to 11 the number of states that NTC serves direct for its customers.”
NTC will combine the two companies’ terminals in Omaha and Sioux Falls, and maintain the terminal presently operated by Tri State in Minneapolis. In addition, Tri State Freight Shuttle employees will be retained by NTC, bringing the total number of NTC employees to 325.
“The merger of our two companies will solidify our presence in the regional market and allow us to grow in ways that we could not do on our own,” says Chad Koopsma, Tri State Freight Shuttle owner. “NTC has the same beliefs and core values in business, and we are proud to become part of such a quality organization.”
NTC also recently announced a general rate increase of 5.1 percent on all rates and charges, with a $2 increase in minimum charges, effective March 3. Contract customers are excluded.