Standard Forwarding Freight, a newly formed subsidiary of Sakaem Holdings, announced Tuesday that it has acquired regional less-than-truckload carrier Standard Forwarding from DHL.
Rumblings of a deal again surfaced around Thanksgiving. An internal document to Standard Forwarding employees, many of whom are Teamsters, said Sakaem, not Jack Cooper, would be the buyer. The document said Sakaem was also owned by the same family that owns car hauler Jack Cooper.
Sakaem appears to have closed on the...
https://www.freightwaves.com/news/jack-cooper-ltl-caper-concludes