In comments on the court filing, Jon Isaacson, Simon CEO, said, "We believe that the successful sale of the assets and related operations of the Company will insure our ability to continue to provide high quality service to our customers and preserve more employment opportunities for current employees. We have been informed by representatives of Mr. Moyes and Central Freight that it is their intent (if successful in their bid) to continue the Company's temperature controlled operations and operate the acquired assets and operations separately from Central's other operations."
In other developments, Dick Simon Trucking has met all the conditions necessary to keep its auto and general liability insurance coverage in place. Also, the company has agreed to delist its Class A stock from the Nasdaq National Market. The stock will not trade on any market following the proposed sale of assets.