Latest news from Heavy Lift & Project Forwarding International Magazine

Daseke snaps up Aveda Transportation

Texas-based flatbed and specialised haulage company, Daseke, has completed the acquisition of Aveda Transportation and Energy Services.



Aveda specialises in the movement of large oil rigs and worksite equipment in the North American market. Daseke paid USD42.6 million and cleared USD54.8 million of Aveda’s debt to complete the acquisition.

Don Daseke, chairman and ceo, said the deal presents numerous synergies not apparent in the purchase price. “Aveda outsources up to 35 percent of its long-distance rig movers to other carriers, and we have the equipment to capture some of this revenue through our various operating companies. In addition to cross-selling, we have also identified other benefits of scale in the way of purchasing, fuel and insurance,” he explained.

Aveda has 12 locations across North America and operates 1,500 pieces of equipment. Daseke operates more than 5,200 tractor units and 11,000 flatbed and specialised trailers.

HLPFI reported during mid-2017 that Daseke acquired Steelman Companies, along with The Schilli Cos and Big Freight Systems.

www.daseke.com

www.avedaenergy.com

Heavy Lift | News

Noatum in MIQ takeover thumbnail image

Noatum in MIQ takeover

March 22 - Noatum Logistics has signed a definitive agreement to acquire USA-based MIQ Logistics. The agreement is expected to close in the coming weeks. 
Views: 698
CMA nears 90 percent stake in Ceva thumbnail image

CMA nears 90 percent stake in Ceva

March 19 - France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
Views: 771

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.