The transaction is consistent with the strategies of both companies: to build a premier supply chain offering that provides services for all transportation needs. Shippers and carriers will benefit from an expanded network, enhanced multi-modal transportation capabilities, and improved less-than-truckload services.
Jeff Silver will continue to serve as Coyote’s CEO, and Chad Eichelberger, president of AAT, will serve as the combined Company’s president of brokerage.
The transaction is expected to close during the first quarter of 2014.