Estes Announces Expansion of Truckload and Logistics Capabilities through Purchase of Eastern Freightways and Carrier Industries
RICHMOND, VA — Estes Express Lines will expand its truckload and logistics capabilities with the purchase of Eastern Freightways and Carrier Industries — two affiliates of New Jersey-based trucking company New England Motor Freight (NEMF).
The sale, which closed on May 31, is a separate part of NEMF’s liquidation following their filing for chapter 11 bankruptcy protection in February. It will enable Estes, already America’s largest privately owned freight transportation carrier, to deliver expanded flatbed and dedicated transportation capabilities through its Level2 Logistics division.
“We are very excited that Eastern Freightways and Carrier Industries are joining Estes,” said Estes Corporate Vice President Bobby Speight, who heads Estes Level2 Logistics. “This acquisition will further solidify our role as the nation’s total solutions resource for robust transportation and logistics services.”
About Estes Express Lines
The nation’s largest privately owned freight transportation carrier, Estes is a go-to provider of end-to-end transportation and custom logistics services. Through a vast regional, national, international, and global footprint, Estes’ comprehensive solutions include Less Than Truckload, Volume LTL, Truckload, Time-Critical Guaranteed, and Final Mile. Backed by nearly 90 years of industry expertise and financial stability, Estes delivers a better customer experience through flexibility and improved technology to best meet rapidly changing freight transportation needs. The Richmond, VA-based fourth-generation company operates one of the newest fleets in the industry, and understands that its nationwide team of over 19,000 employees is one of its strongest assets.