Central Freight Lines has signed a letter of intent to buy certain assets of Virginia-based Wilson Trucking, a 91-year-old less-than-truckload carrier with 29 terminals in the Southeast.
The acquisition expands CFL’s coverage to the Southeast and Puerto Rico, which the company expects to improve its competitive position in the LTL and distribution markets. CFL operates 56 terminals in the West and Southwest regions of the U.S.
“This is very good news for the many loyal customers of Wilson,” said C.L. (Chuck) Wilson, chairman and CEO of Wilson Trucking. “Central Freight Lines has been in business for over 90 years just like us, and I’m confident our customers will be quite impressed with the many quality services they offer.”
CFL is a Waco, Texas-based LTL common carrier operating 1,600 tractors and 8,000 trailers in 17 states.