Simon Transportation Buys Ort Trucking

Feb. 26, 2001
Simon Transportation Services Inc. of Utah has purchased assets of Gerald E. Ort Trucking Inc. of New London, Wisc. Under the agreement, Simon will acquire 19 tractors and 60 53-foot temperature-controlled trailers within the next 90 days, subject to delivery of clean title. Simon has agreed to lease those tractors and trailers until completing the purchase and also has agreed to assume the existing

Simon Transportation Services Inc. of Utah has purchased assets of Gerald E. Ort Trucking Inc. of New London, Wisc.

Under the agreement, Simon will acquire 19 tractors and 60 53-foot temperature-controlled trailers within the next 90 days, subject to delivery of clean title. Simon has agreed to lease those tractors and trailers until completing the purchase and also has agreed to assume the existing leases on 10 additional tractors.

Also, Simon will lease the two terminal facilities and all furniture, fixtures, office and computer equipment and other assets in the terminals for one year. Simon also acquired 70 Qualcomm satellite communications units and other miscellaneous assets.

Simon will have the opportunity to hire Ort Trucking’s approximately 130 company drivers, 50 owner-operators, and office and shop personnel. It is expected that most of Ort Trucking’s operations personnel will remain in New London.

Ort Trucking, an $18-million business, operated approximately 130 company-owned tractors, 50 tractors supplied by owner-operators and a fleet of more than 300 trailers.

About the Author

FleetOwner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Josh Fisher, Editor-in-Chief

Jade Brasher, Senior Editor

Jeremy Wolfe, Editor

Jenna Hume, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Streamline Compliance, Ensure Safety and Maximize Driver's Time

Truck weight isn’t the first thing that comes to mind when considering operational efficiency, hours-of-service regulations, and safety ratings, but it can affect all three.

Improve Safety and Reduce Risk with Data from Route Scores

Route Scores help fleets navigate the risk factors they encounter in the lanes they travel, helping to keep costs down.

Celebrating Your Drivers Can Prove to be Rewarding For Your Business

Learn how to jumpstart your driver retention efforts by celebrating your drivers with a thoughtful, uniform-led benefits program by Red Kap®. Uniforms that offer greater comfort...

Guide To Boosting Technician Efficiency

Learn about the bottom line and team building benefits of increasing the efficiency of your technicians in your repair shop.