Tri-State Expedited Service announced it has been acquired by members of its senior management team. The Toledo, Ohio-based transportation and logistics provider was purchased out of the trust of its founders.
CFO Corey Crane, COO Korey Walper, IT Director Chad Nicholls and General Manager Mike Lawrence acquired the more than 40-year-old carrier for an undisclosed sum. The sale had been in the works for almost a year and per the wishes of the founders, it will remain in the same location and...
https://www.freightwaves.com/news/expedited-carrier-tri-state-acquired-by-its-management-team