Page Trucking acquires fellow Northeast bulk carrier

Deal creates 500-truck fleet

Financial terms of the transaction were not disclosed. (Photo: Jim Allen/FreightWaves)

Page Trucking announced it has entered a deal to acquire fellow specialized bulk hauler Goulet Trucking. The deal creates a 500-truck fleet with 1,500 trailers and other pieces of equipment. The companies will operate under a new entity called Page GTC, Inc.

Financial terms of the transaction were not disclosed. The deal is expected to close in the first quarter.

Weedsport, New York-based Page Trucking provides local, regional and long-haul transportation as well as warehousing and material management services. In addition to moving hazardous materials, it also serves the agricultural and industrial sectors.

“This partnership represents the next step in our ongoing effort to reinforce and expand our specialized bulk transportation capacity,” said Page Trucking President Dan Titus in a news release. “By combining our nationwide footprint with Goulet’s Northeast-leading hazardous and non-hazardous waste transportation capabilities, we are building a stronger, more resilient organization that will benefit customers across the bulk transportation industry.”

South Deerfield, Massachusetts-based Goulet Trucking serves the Northeast and parts of Canada with a fleet of dump and roll-off trailers.

The two companies will merge leadership teams but maintain current personnel structures.

“This partnership gives us immediate access to additional equipment and driver capacity, expands our reach across North America, and elevates our expertise in the design and utilization of cutting-edge bulk transportation equipment,” said Paul Jordan, co-owner of Goulet Trucking.

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.