Waco, TX-based regional LTL carrier Central Freight Lines took a step closer to being bought out by former Swift chairman Jerry Moyes by filing a preliminary proxy statement on its planned merger with North American Truck Line and Green Acquisition Company – both of which are controlled by Moyes
Waco, TX-based regional LTL carrier Central Freight Lines took a step closer to being bought out by former Swift chairman Jerry Moyes by filing a preliminary proxy statement on its planned merger with North American Truck Line and Green Acquisition Company – both of which are controlled by Moyes.
The company added that once its preliminary proxy statement is reviewed and finalized, a definitive proxy statement will be mailed to Central’s stockholders to solicit proxies for voting at the carrier’s annual meeting.
“We are very pleased that this important step has been taken toward completion of the transaction with Jerry Moyes and his companies,” said Central’s president & CEO Bob Fasso. “We currently believe that the merger can be completed in July of 2006.”
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
