TFI acquires Missouri trucking company D&D

A tractor-trailer of D&D Sexton, which was acquired by TFI International, travels on a highway with fields in background.

TFI International has acquired Missouri trucking company D&D Sexton in a deal that expands the temperature-controlled trucking business of the Canadian firm’s U.S. carrier CFI.

The acquisition, announced Monday, adds a fleet of over 120 tractors and more than 150 drivers. TFI (NYSE:TFII) did not disclose the price but said D&D had revenues of over $25 million. 

Carthage, Missouri-based D&D will operate within CFI — headquartered in nearby Joplin. It follows a recent reorganization of CFI, which...

https://www.freightwaves.com/news/tfi-acquires-missouri-trucking-company-dd

Missouri trucking company owner pleads guilty to tax evasion

Missouri truck owner charged with tax evasion

A Jefferson City, Missouri. trucking company owner faces up to five years in prison without parole for failing to pay taxes on more than $600,000 in income over three years.

Owner-operator Ryan Phegley pleaded guilty Tuesday in federal court in Missouri to one count of tax evasion.

Phegley, 39, ran Phoenix Freight Lines Inc. from 2010 to 2014. Phoenix leased trucks, hired drivers and obtained freight contracts.

“By pleading guilty today, Phegley admitted that he never filed state or federal...

https://s29755.pcdn.co/news/missouri-trucking-company-owner-pleads-guilty-to-tax-evasion