Green Bay, Wis.-based Schneider said the sale will allow it to focus on transportation and logistics services for Fortune 1000 companies. Schneider Specialized is one of the largest flat-glass haulers in North America, providing service to all major glass producers as well as shippers of other types of industrial freight.
Maverick, Little Rock., Ark., will acquire 380 tractors, 870 trailers, more than 425 drivers, loading equipment and several facilities, including ones in Laurinburg, N.C., and Knoxville, Tenn.
Maverick’s new line of business will be called Maverick Specialized and continue to operate from the current location in Green Bay. Craig Brown of Schneider Specialized, a 16-year industry veteran, will serve as general manager of Maverick Specialized and oversee the transition.
Terms of the sale were not disclosed. The companies expect to finalize the sale by the end of July.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now