Jack Cooper

Auto hauler Jack Cooper shutting down: CEO letter to workers

Auto hauler Jack Cooper, severely damaged by the loss of its two key customers, is closing.

In an email sent Monday to Jack Cooper’s employees and obtained by FreightWaves, CEO Sarah Amico, who also is the primary owner of the family-controlled business, said “it is with extraordinary sadness that we are writing to let you know that after 97 years in business, Jack Cooper will be closing our doors in the near future.”

Jack Cooper has always received outsize interest in the trucking community not...

https://www.freightwaves.com/news/auto-hauler-jack-cooper-shutting-down-ceo-letter-to-workers

Jack Cooper-GM relationship under siege, cars not loaded on to JC trucks

Just weeks after Ford Motor Co. (NYSE: F) canceled its contract for auto-hauling services by Jack Cooper, the GM-Jack Cooper relationship is also over, at least for now, with both sides claiming it was the other company’s fault.

On Friday, the Detroit Free Press reported that GM had stopped providing Jack Cooper with cars to be transported. Late Friday, GM (NYSE: GM) released a statement that said the relationship had deteriorated to the point that no cars were being loaded and that the auto...

https://www.freightwaves.com/news/jack-cooper-gm-relationship-under-siege-cars-not-loaded-on-to-jc-trucks

Senators seek answers from Ford about Jack Cooper contract cancellation

Two U.S. senators have written a letter to the CEO of Ford Motor Co. regarding the termination of its contract with auto carrier Jack Cooper, but the letter goes no further than strongly requesting the company fulfill its commitments.

Missouri Sen. Josh Hawley and Kansas Sen. Roger Marshall, both Republicans, said in the letter that the surprise decision to terminate the contract with Jack Cooper “threatens the livelihoods of nearly 2,000 dedicated union workers and their families, casting a...

https://www.freightwaves.com/news/senators-seek-answers-from-ford-about-jack-cooper-contract-cancellation

La familia detrás de Jack Cooper adquiere silenciosamente un operador LTL a través de una entidad separada

la-familia-detras-de-jack-cooper-adquiere-silenciosamente-un-operador-ltl-a-traves-de-una-entidad-separada

Sakaem Logistics, una entidad con vínculos con la misma familia propietaria del transportista de automóviles Jack Cooper, personal de Teamsters, terminó adquiriendo el transportista de carga parcial Standard Forwarding, según documentos y personas empleadas en Standard Forwarding. Por lo general, a las empresas les gusta promocionar sus conquistas, comunicar estrategias de comercialización y explicar las […]

Esta entrada La familia detrás de Jack Cooper adquiere silenciosamente un operador LTL a...

https://fullavantenews.com/la-familia-detras-de-jack-cooper-adquiere-silenciosamente-un-operador-ltl-a-traves-de-una-entidad-separada/?lang=es

Family behind Jack Cooper quietly acquires LTL carrier through separate entity

Sakaem Logistics, an entity with ties to the same family that owns Teamsters-staffed car hauler Jack Cooper, ended up acquiring less-than-truckload carrier Standard Forwarding, according to documents and people employed at Standard Forwarding.

Typically, companies like to tout their conquests, communicate go-to-market strategies and explain the ways new ownership will enhance operations. Standard Forwarding Freight, Sakaem Logistics and Jack Cooper have not responded to inquiries from...

https://www.freightwaves.com/news/family-behind-jack-cooper-quietly-acquires-ltl-carrier-through-separate-entity

Jack Cooper getting closer to entering LTL biz

Car hauler Jack Cooper appears to be one step closer to entering the less-than-truckload arena.

FreightWaves previously reported that Jack Cooper was in talks to acquire Standard Forwarding, a Teamsters-staffed LTL carrier. At the time, a spokesperson for Jack Cooper said it was “hopeful” to reach an agreement with the union and Standard Forwarding.

Last week, the Teamsters announced a new five-year deal with more than 350 drivers at Standard Forwarding. FreightWaves has also obtained a copy of a...

https://www.freightwaves.com/news/jack-cooper-getting-closer-to-entering-ltl-biz

Jack Cooper LTL in talks to acquire Standard Forwarding

Startup Jack Cooper LTL is in talks to acquire less-than-truckload carrier Standard Forwarding, according to multiple sources familiar with the matter. Little is known about the new offshoot of Jack Cooper – a Teamsters-staffed car hauler – other than various posts from LTL veterans on LinkedIn in recent weeks showing that they now work for the company.

East Moline, Illinois-based Standard Forwarding is a regional, union LTL carrier with 14 terminals throughout Illinois, Iowa, Wisconsin, Indiana...

https://www.freightwaves.com/news/jack-cooper-ltl-in-talks-to-acquire-standard-forwarding

5 auto haulers combining to create publicly traded trucking company

A Florida-based auto hauler, Proficient Auto Transport, is the lead company in the process of rolling up several other auto haulers with plans to take itself public in an initial public offering.

In a prospectus filed with the Securities and Exchange Commission and made public last week, Proficient Auto Logistics was introduced as the name of the company that will acquire five auto haulers at the time the IPO goes through: Delta Automotive Services, Deluxe Auto Carriers, Sierra Mountain Group,...

https://www.freightwaves.com/news/5-auto-haulers-combining-to-create-publicly-traded-trucking-company

Jack Cooper-led bid for Yellow back on table

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A going concern bid for the remaining assets of bankrupt Yellow Corp. appears to be back on the...

https://www.freightwaves.com/news/jack-cooper-led-bid-for-yellow-back-on-table

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