Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

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

V&M chooses Terex for Ultimate project thumbnail image

V&M chooses Terex for Ultimate project

February 15 - V&M Erectors has been busy on the the largest infrastructure project in the Florida Department of Transportation’s (FDOT) history.
Views: 381
ACS opens in Atlanta thumbnail image

ACS opens in Atlanta

February 14 - Air Charter Service (ACS) has opened its sixth office in the USA in Atlanta, Georgia.
Views: 405

Heavy Lift Across The World

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