Coyote Logistics And Access America Transport To Merge
Jeff Silver, Coyote Founder
Coyote Logistics and Access America Transport (“AAT”), two of the fastest-growing third-party logistics (“3PL”) service providers in North America, have announced that their Boards of Directors have approved a definitive merger agreement.
Founded in 2002, Chattanooga, Tennessee-based AAT handles multi-modal transportation including truckload, less-than-truckload, intermodal, flatbed, and specialized freight for shippers and carriers across the country.
Upon closing of the transaction, the combined company will be one of the largest 3PL service providers in North America with run rate revenues of over $2 billion, 17 North American locations, approximately 40,000 contracted carriers and approximately 1,750 employees.
“This merger reinforces our relentless commitment to shippers and carriers across North America. We now have more resources and better capacity to serve them,” stated Coyote CEO and Cofounder Jeff Silver.
Jeff Silver will continue to serve as Coyote’s CEO, and Chad Eichelberger, president of AAT, will serve as the combined Company’s president of brokerage.
Category: General Update, Management
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