Jack Cooper LTL caper concludes

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

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