• ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
Driver issuesLayoffs and BankruptciesMost PopularNewsTop StoriesTrucking

323-truck carrier in Illinois calls it quits after 41 years

Dillon Transport had 342 drivers and 323 power units

This file has been updated to include a comment from a former Dillon Transport executive confirming the closure.

After 41 years, a family-owned dry and liquid bulk trucking company ceased operations as of midnight Tuesday.

Dillon Logistics Inc., doing business as Dillon Transport, was headquartered in Burr Ridge, Illinois. The carrier had 342 drivers and 323 power units at the time of its closure, according to the Federal Motor Carrier Safety Administration’s SAFER website.

While the company has yet to issue a formal statement regarding the carrier’s closure, a former Dillon Transport executive, who spoke to FreightWaves on the condition of anonymity, confirmed the news Wednesday that the company had shuttered operations.

“The decision was made by our private equity owners,” the former Dillon executive told FreightWaves.

According to PitchBook, private-equity firm Cotton Creek Capital recapitalized Dillon Transport to support the company’s continued expansion efforts in January 2017.

As of publication, Antonio DiGesualdo, managing director of Cotton Creek, did not respond to FreightWaves’ requests seeking comment about the closure.

Founded in 2006, Texas-based Cotton Creek has offices in Dallas, Fort Worth and Austin, and focuses on investing in lower middle-market companies in the U.S. 

Cotton Creek invests in companies within the manufacturing, infrastructure, value-added distribution, industrial services, building products, specialty chemical, business services, food and beverage, transportation and logistics sectors, according to PitchBook.

Dillon Transport’s Facebook page was deactivated Tuesday, company email addresses listed on the carrier’s website weren’t working and no one was answering the telephone at its nine terminals in the country. 

Founded in 1980, Dillon Transport provided dry bulk and liquid tanker services to the agriculture, building products, industrial and energy industries. 

Do you have a story to share? Send me an email. Your name will not be used without your permission.

Click for more articles by Clarissa Hawes.

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Clarissa Hawes, Senior Editor, Investigations and Enterprise

Clarissa has covered all aspects of the trucking industry for 14 years. She is an award-winning journalist known for her investigative and business reporting. Before joining FreightWaves, she wrote for Land Line Magazine and Trucks.com. If you have a news tip or story idea, send her an email to chawes@freightwaves.com.

18 Comments

  1. Letting private equity firms into your family owned trucking business is like letting cancer into your body. They don’t give a crap about people, only mega profits.

  2. My Aunty Kaylee recently got an almost new cream Infiniti G Coupe IPL
    from only working part time on a pc. hop over to this website……….. www.jobs70.com

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