Ruan acquires Nationwide Truck Brokers, Inc.
The acquisition joins two long-time family-owned companies. NTB was based in 1974 by Dan Koster and has grown to incorporate a fleet of greater than 235 vehicles hauling for grocery prospects in Michigan, Indiana, Illinois, Iowa, Ohio, Kentucky, and Wisconsin. Ruan is an Iowa-based, third-generation, family-run enterprise that employs 5,000 individuals in additional than 300 operations nationwide. NTB will function as a separate, unbiased member of the Ruan household of firms, sustaining its title and model, management construction, and facility places, in accordance with Ruan.
“Progress by acquisition has been comparatively unusual at Ruan, however we’ve carried out so selectively when there’s a real, strategic match and the chance to maintain and strengthen relationships with essential prospects. We’ve discovered these optimistic components at NTB,” Ruan’s Chief Govt Officer Ben McLean, mentioned in a press launch.
Over the subsequent a number of months, NTB’s complete fleet of vehicles might be changed by late-model Freightliner models as an enhancement for NTB’s driving group members, in accordance with the press launch.
