Hornady Joins Daseke in Flatbed Merger
Daseke Inc. has continued its rapid expansion in the flatbed sector with the addition of Hornady Transportation, the companies announced.
Financial terms were not disclosed.
Daseke said the latest merger makes it the largest owner of flatbed, open-deck and specialty trucking capacity in North America with more than 3,000 tractors and 6,000 trailers.
Last month, Bulldog Hiway Express of Charleston, South Carolina, joined Daseke.
Addison, Texas-based Daseke ranks No. 49 on the Transport Topics Top 100 list of the largest for-hire carriers in the United States and Canada.
Hornady, based in Monroeville, Alabama, runs a fleet of 230 late-model tractors and 325 flatbed trailers. The company, founded in 1928, operates east of the Rocky Mountains, primarily serving the building products and steel industries.
“We continue to grow with elite flatbed and specialty carriers,” said Don Daseke, CEO and chairman of Daseke. He described Hornady as a “well-regarded, third-generation family business with an enviable safety record.”
“By joining with Don Daseke and our new sister companies, I know we will continue on with a people-first tradition,” said Chris Hornady, company president. “We will grow with our existing management team while having access to all of the assets of Daseke. Our combined group purchasing power will make us much more efficient and competitive in the marketplace.”
Daseke’s other member companies include Smokey Point Distributing, E.W. Wylie, J. Grady Randolph, Central Oregon Truck Co., Lone Star Transportation (including Davenport Transport) and the Boyd Cos. (including Boyd Bros. Transportation, WTI Transport and Mid Seven Transportation).
