92-year-old Texas trucking company files for bankruptcy liquidation

A 92-year-old trucking company, Arnold Transportation Services of Grand Prairie, Texas, ceased operations recently and filed for Chapter 7 bankruptcy liquidation.

Three affiliated companies — Parker Global Enterprises, Parker Transport Co. and DVP Holding Corp. — also filed for Chapter 7 liquidation in the U.S. Bankruptcy Court for the District of Delaware.

In February 2022, Arnold Transportation was acquired by Pride Group Logistics, an affiliate of Pride Group Holdings of Mississauga, Ontario,...

https://www.freightwaves.com/news/92-year-old-texas-trucking-company-files-for-bankruptcy-liquidation

Texas’ Arnold Transportation acquired by Canada’s Pride Group Logistics

A tractor-trailer with the logo of Texas trucking company Arnold Transporation Services travels on a road seen from the side

Pride Group Logistics has acquired Texas truckload carrier Arnold Transportation Systems in a deal that dramatically expands the Canadian company’s U.S. presence. 

The acquisition, announced Tuesday, more than doubles the fleet of Mississauga, Ontario-based Pride Group to over 800 trucks. 

“The acquisition of Arnold Transportation Services will allow us to expand our U.S. domestic

transportation offering to new and existing customers,” Aman Johal, vice president of Pride Group, said in a...

https://www.freightwaves.com/news/texas-arnold-transportation-acquired-by-canadas-pride-group-logistics