US transport company Daseke is seeking to consolidate a "fragmented area of the industry" through acquisitions, according to CEO Don Daseke. The company, which has been in business for more than 100 years, plans to buy out its largest rival, American Trucking Holdings, and merge it with another trucking firm, DHL Global Logistics, as part of Daesk said it was "unlikely" he would seek firms outside the trucking sector, and said he wanted to build a national carrier company serving large manufacturers across the US.
US transport company Daseke is seeking to consolidate a "fragmented area of the industry" through acquisitions, according to CEO Don Daseke. He said the company's strategy is to look for firms that were not for sale, and added there were "more than 400 companies that have over 100 trucks" that would be good merger prospects. Daesk said it was "unlikely" he would seek firms outside the trucking sector, and said he wanted to build a national carrier company serving large manufacturers across the US.