LTL Owner Buys Fleet to Start TL Operation
A Tennessee businessman has purchased the trucking fleet of Idahoan Foods in Lewisville, Idaho, and formed a new company, called Golden Valley Transportation, to provide nationwide truckload service.
The equipment acquired from Idahoan Foods — about 40 tractors and 100 trailers — will form the core of the new nationwide truckload carrier, said Miller, who founded Crown Transport System, a less-than-truckload carrier that served the floor covering industry, in the 1970s and served as its chairman until 1997. He sold Crown in 1994 to U.S. Xpress Enterprises in Chatanooga, Tenn.
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L.D. “Micky” Miller said Golden Valley will serve as a core carrier and logistics provider to Idaho Fresh Pak, a division of Idahoan Foods that produces dehydrated potato products, and Nestle Corp., which is a part-owner of IFP.
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“This is the first step in building a dynamic, service-oriented truckload carrier,” Miller said. “We anticipate that we will increase the size of the fleet by building a nationwide freight base.
