Penske Logistics announced an agreement to purchase Black Horse Carriers, a Chicago-based trucking company with more than 4,000 employees providing dedicated services and private fleet replacement.
The deal is expected to close on Dec. 31 subject to regulatory approval and customary closing conditions. Financial terms of the transaction were not disclosed.
“The Penske organization has had a longstanding and valued relationship with Black Horse Carriers for many years,” said Penske Logistics...
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