• Private equity fund invests in truck line

    Evergreen Pacific Partners, a $275 million private equity fund based in Seattle, has made an undisclosed investment in Haney Truck Line
    Oct. 15, 2007

    Evergreen Pacific Partners, a $275 million private equity fund based in Seattle, has made an undisclosed investment in Haney Truck Line, gaining a controlling interest in the truckload carrier.

    Haney’s existing management team of Mike Richardson (president & CEO), Dave Richardson (COO) and Dennis Richardson Jr. (vp-marketing & sales) will continue to manage the company’s operations and maintain a significant ownership share of Haney, as well as full ownership of the terminal properties. Three Evergreen Pacific Partners executives will become Haney board members.

    With over 500 employees, 400 tractors and 1,000 trailers, Haney is one of the largest truckload carriers in the greater Pacific Northwest. Yakima, WA-based Haney primarily hauls beverages, paper, glass, aluminum, food and other general merchandise throughout the eight Western U.S. states.

    “We saw this as the right time to bring in additional resources for us to build the business,” said Mike Richardson. “We see tremendous opportunity for growth, and we now have the resources to pursue it.” He added Evergreen will help them expand Haney’s operations within the Northwest region and nationally.

    Voice your opinion!

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

    Sign up for our free eNewsletters

    Latest from Operations

    4126654 | Phartisan | Dreamstime.com
    driver retention
    Turnover and its causes are expenses we like to ignore or accept as the cost of running a trucking company. In a market like today’s, investing in retention doesn’t mean spending...
    Brakebush Transportation
    Brakebush Transportation was awarded the 2025 FleetOwner Private Fleet of the Year Award, sponsored by Descartes, for midsize operations.
    Members Only
    Leaders of Brakebush Transportation, a century-old family business, share some of their innovative strategies and deep commitments to drivers that earned their operation FleetOwner...
    Schneider
    schneider 90th anniversary
    Schneider hosted an anniversary event, honoring a legacy that began in 1935 and grew to 12,500 trucks today.