Zenith Freight Lines LLC is selling the remaining 51% share not owned by Bassett Furniture Industries Inc. to the furniture manufacturer.
Zenith Freight Lines Sold to Bassett Furniture
Zenith Freight Lines LLC is selling the remaining 51% share not owned by Bassett Furniture Industries Inc. to the furniture manufacturer.
by Staff
January 21, 2015
Photo: Zenith Global Logistics
1 min to read
Terms of the deal have not been released but it is expected to close in early February. The sale was due to estate planning considerations, according to a release.
Bassett has owned a stake in the company, which does business as Zenith Global Logistics, since 1999. It operates distribution centers in eight states and manages home delivery services for Bassett’s retail stores along with other retailers in local markets throughout the country.
Zenith will continue to be led by Jack Hawn as president and CEO with Deborah Hawn as executive vice president.
According to Robert H. Spilman Jr., Bassett's president and CEO, Zenith has seen its revenue grow more than 300% over the past decade.
More Fleet Management
Bill in House Would Raise Minimum Insurance for Motor Carriers to $5 Million
The Fair Compensation for Truck Crash Victims Act would increase insurance requirements for interstate motor carriers by nearly seven times.
Read More →
FTR Trucking Conditions Index Hits Four-Year High in February
Strong freight rates push TCI to 10.2, but FTR expects fuel-price volatility to skew March results.
Read More →
C.H. Robinson Offers Carriers Relief as Diesel Prices Surge
C.H. Robinson is waiving fees on fuel cards and cash advances for April and May, aiming to help carriers offset rising diesel costs tied to geopolitical instability.
Read More →
What Trucking Events are Happening in 2026?
Looking for trucking-related conventions, expos, and other events? Heavy Duty Trucking has developed this list of national and larger regional trucking shows and events.
Read More →
Volvo’s Quiet Confidence Turns into a Full-Throated Bet on the Future
After years of steady, methodical progress, Peter Voorhoeve says the OEM’s latest lineup isn’t just evolutionary. It’s delivering real, measurable gains for fleets right now.
Read More →
BeyondTrucks Targets Rate Complexity with New AI RateAgents
BeyondTrucks says its new RateAgents can turn plain-language rate logic into working code, starting with fuel surcharges — a critical but notoriously complex piece of carrier revenue.
Read More →
Volvo Sees Market ‘Tipping Point’ as New VNL Orders Surge
Soft freight conditions persist, but aging fleets, strong order intake, and new-product momentum signal a more optimistic second half of 2026, Volvo Trucks North America says.
Read More →
Cargo Theft’s New Playbook: Strategic Fraud, Double Brokering, and Cybercrime Hit Trucking
Cargo theft is evolving from regional smash-and-grab operations to sophisticated fraud schemes. Strategic theft now accounts for roughly a third of cargo crime, with incidents rising sharply in recent years. Here’s how the schemes work — and what fleets can do to protect themselves.
Read More →
HDT Honors the Best New Products of 2025 at TMC [Photos]
Heavy Duty Trucking's Top 20 Products awards recognize the best new products and technologies. Check out the award presentations at the 2026 Technology & Maintenance Council annual meeting.
Read More →
Sponsored•March 31, 2026
Detroit Engines: Trusted Performance, Built for What's Next
The Detroit® Gen 6 engine platform proves that real progress doesn’t require a complete redesign. Built on 20 years of trusted technology, these engines are designed for efficiency, stronger performance, and greater reliability than before. And they do it all while complying with 2027 EPA standards on every mile.
Read More →