DOCSLIB.ORG

Industrials M&A Update: Q3 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Industrials M&A Update: Q3 2017 Industrials Quarterly Update Q3 2017 Deloitte Corporate Finance LLC | www.investmentbanking.deloitte.com Quarterly Update | Q3 2017 | Industrials Industrials Trends In This Update E-Commerce and Natural Disasters and • Industrials Trends Transportation1 Productivity2 As retail conducted on-line While the magnitude of the • Economic Outlook continues to rise, freight destruction remains unknown, in • Industry Analysis tonnage moved by trucks is the wake of recent natural • Select M&A Transactions forecasted to grow 27% disasters, manufacturing • Appendix between 2016-2027. With a productivity will likely be severe transportation labor negatively effected in the short This update will focus on news and shortage, industry operators’ term from the disruption of trends in the following areas: margins are being squeezed. To supply chains and the destruction • Automotive adapt, operators are investing in of production infrastructure. supply chain technologies that However, rebuilding efforts • Building Products and Industrial drive “last mile” efficiencies, as focused on residential real estate Safety well as innovative delivery are expected to give a boost to • Capital Equipment and Rental concepts, such as manufacturing sector Services smart lockers. growth in early 2018. • Distribution, Transportation, and Logistics Disruption in Materials3 Manufacturing • Engineering and Construction Automation4 Technological advances are Automation in • Metals, Plastics, and Packaging disrupting the materials sector. manufacturing continues to rise • Specialty Chemicals Big data is allowing supply and and is expected to drive global demand trends to be more revenues for suppliers of accurately forecasted. automation technology to Who We Are Technological changes in $316.4bn by 2022; 7% growth downstream industries require per annum. Investments in Deloitte Corporate Finance LLC is a the creation of new synthetic smart manufacturing leading global middle market M&A materials. Innovation focused on infrastructure, enabled by the adviser. The firm’s professionals sustainability is also giving cloud and IoT, allows for have extensive knowledge in the operators the opportunity to effortless monitoring, waste Industrials space and use their differentiate their businesses reduction, increased production, experience to help clients create and gain market share. and gives early implementers and act upon opportunities for competitive advantages. liquidity, growth, and long-term advantages. In the News Contacts August 02, 20175 – Jacobs Engineering Group agreed to acquire Will Frame CH2M Hill Cos. for $3.4bn in an effort to capture lucrative Managing Director infrastructure and government-services business. Jacobs, based in Dallas, TX, serves the aerospace, infrastructure, industrial and [email protected] energy sectors. CH2M has exposure to fast and growing segments +1 (312) 486-4458 of infrastructure and government-services sector. Brad Winer September 05, 20176 – Boeing raised concerns about United Managing Director Technologies Corp.’s proposed takeover of Rockwell Collins, and [email protected] threatened to cancel some contracts with the suppliers if the +1 (704) 333-0568 combination undermines competition in the aerospace supply chain. The consolidation of aerospace suppliers is of concern to Eric Andreozzi aircraft makers. Managing Director [email protected] October 06, 20177 – General Electric Co. (GE) said that three top +1 (704) 333-0518 executives, including CFO Jeff Bornstein, will depart at year end. Under pressure from activist investor Trian Fund Management, Tony Blanchard new CEO John Flannery is trying to improve operations at the Managing Director company and cut costs. Earlier in the year, Flannery pledged to [email protected] cut $1 billion in annual costs during 2017 and 2018. +1 (312) 486-1640 www.investmentbanking.deloitte.com | Page 2 Quarterly Update | Q3 2017 | Industrials Macroeconomic Outlook U.S. Gross Domestic Product1 U.S. Treasury Yield Curve (Nominal vs. Real)2 $20.0 5.0% 3.5% 3.0% 4.0% $15.0 2.5% 3.0% 2.0% $10.0 2.0% 1.5% $ in Trillions Interest Rate Interest $5.0 1.0% 1.0% YoY Percent Change 0.5% $0.0 0.0% 0.0% Real Yield (%) Nominal Yield (%) GDP ($ in Trillions) YoY % Growth (Adj. for Inflation) U.S. Unemployment Rate Consumer Confidence and (% Unemployed)3 ISM Non Manufacturing Indexes4 10.0% 600 64.0 135.0 550 62.0 125.0 500 60.0 115.0 8.0% 450 58.0 105.0 400 Manufacturing 56.0 95.0 - 350 6.0% 54.0 85.0 % Unemployed 300 52.0 75.0 Consumer Confidence ISM Non 250 (Thousands) Claims Jobless 50.0 65.0 4.0% 200 48.0 55.0 Initial Jobless Claims Unemployment Rate (%) ISM Non-Manufacturing Industrials Sector Outlook Industrial Production Index ISM Purchase Managers Index5 (YoY Growth)6 58 10.0% 56 5.0% 54 0.0% 52 * 50 (5.0%) 48 (10.0%) 46 (15.0%) 44 42 (20.0%) Note: An ISM Purchase Managers Index value above 50 signals economic expansion. www.investmentbanking.deloitte.com | Page 3 Quarterly Update | Q3 2017 | Industrials Industrials Sector Breakdown & Trading Statistics1 Last Twelve Months NTM Median Median Median Number of % of 52 Week Median LTM EV/ EV/ EV/ Sector Revenue EBITDA Enterprise Companies High EBITDA Revenue EBITDA EBITDA CAGR (3 Yr) Margin Value ($) ($ in Millions) Automotive 21 85.9 % 4.5 % $6,005.3 9.8 % $60,364.0 0.7 x 7.5 x 7.2 x Building Products, Electric Products, Industrial Safety 21 87.7 8.3 394.3 12.3 4,731.4 1.0 10.7 8.3 Capital Equipment & Rental Services 22 91.2 (0.4) 258.4 13.5 3,377.8 1.5 11.3 9.2 Distribution, Transportation & Logistics 21 94.5 3.6 718.8 8.1 9,105.0 1.1 11.2 10.9 Engineering & Construction 33 88.5 2.3 166.1 5.9 1,765.3 0.5 10.1 7.8 Metals, Plastics & Paper Packaging 18 92.8 (0.9) 926.3 15.2 9,730.1 1.5 10.1 9.5 Specialty Chemicals 12 90.3 (2.7) 738.4 18.1 9,654.2 2.5 11.8 10.5 Industrials Sector 148 90.1 % 2.1 % $1,315.4 11.8 % $14,104.0 1.3 x 10.4 x 9.1 x Public Comparables Three-Year Stock Market Performance2 S&P 500 Index 27.74 % NASDAQ Composite Index 44.57 % Industrials Index 13.47 % 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% S&P 500 Index NASDAQ Composite Index Industrials Index www.investmentbanking.deloitte.com | Page 4 Quarterly Update | Q3 2017 | Industrials Select Industrials M&A Transactions1 Announced Enterprise EV/ EV/ Date Target/Acquiror Business Description Value ("EV") EBITDA Revenue GE Industrial Systems GE Industrial Systems manufactures and distributes electrical power and Sep-17 $2,600.0 NA NA ABB Ltd protection equipment for industrial and commercial applications. Fluid Handling Business Colfax Corporation, Fluid Handling Business comprises fluid handling systems Sep-17 $860.3 12.5x 1.9x CIRCOR International, Inc. manufacturing business. Orbital ATK, Inc. Orbital ATK, Inc. develops and produces aerospace, defense, and aviation-related Sep-17 products to the U.S. Government, allied nations, prime contractors, and other $9,381.5 15.3x 2.1x Northrop Grumman Corporation customers in the United States and internationally. EAG Inc. Sep-17 EAG Inc. through its subsidiaries offer materials science testing services. $780.0 NA NA Eurofins Scientific SE Rockwell Collins, Inc. Rockwell Collins, Inc. designs, produces, and supports communications and Sep-17 $30,943.2 22.6x 5.0x United Technologies Corporation aviation systems worldwide. Oldcastle Distribution Inc. Aug-17 Oldcastle Distribution Inc. engages in the distribution of building products. $2,625.0 NA NA Beacon Roofing Supply, Inc. CH2M HILL Companies, Ltd. CH2M HILL Companies, Ltd. provides engineering, construction, consulting, Aug-17 design, design-build, procurement, and technical services in the United States $3,375.5 NM 0.6x Jacobs Engineering Group Inc. and internationally. ASCO Power Technologies, L.P. ASCO Power Technologies, L.P. provides emergency and standby power transfer Jul-17 $1,250.0 11.7x 2.7x Schneider Electric S.E. solutions. GCA Services Group, Inc. GCA Services Group, Inc. provides facility services in the United States and Jul-17 Puerto Rico. The company’s services include janitorial/custodial, green cleaning, $1,237.3 12.4x 1.1x ABM Industries Incorporated environment cleaning, facilities operations and maintenance. Global Gateway South Terminal Global Gateway South Terminal operates as a container terminal yard in the Jul-17 $817.0 NA NA EQT Partners AB; EQT Infrastructure III North American Port of Los Angeles, California. HD Supply Waterworks Group HD Supply Waterworks, Ltd. distributes water, sewer, storm drain, fusible piping, Jun-17 $2,400.0 NA NA Clayton, Dubilier & Rice, Inc. and fire protection infrastructure products for contractors and municipalities. Navig8 Product Tankers Inc. Navig8 Product Tankers Inc., through its subsidiaries, operates in the product May-17 $1,204.4 18.3x 9.6x Scorpio Tankers Inc. tanker market worldwide. Swift Transportation Company Swift Transportation Company operates as a multi-faceted transportation services Apr-17 $2,970.6 NA NA Knight Transportation, Inc. company in North America. Florida East Coast Holdings Corp. Florida East Coast Holdings Corp., through its subsidiaries, provides freight Mar-17 $2,100.0 NA NA Grupo México Transportes S.A. de C.V. transportation services in the United States. SUEZ Water Technologies & Solutions SUEZ Water Technologies & Solutions designs, manufactures, and markets Mar-17 $3,374.8 10.0x 1.6x Caisse de dépôt et placement du Québec; equipment used in the filtration, separation, and processing of fluids. SUEZ SA Annual U.S. Industrials M&A Transaction Volume2 2500 2,346 2,341 2,269
Load more

Recommended publications
  • Knight-Swift Transportation Holdings Annual Report 2020
    Knight-Swift Transportation Holdings Annual Report 2020 Form 10-K (NYSE:KNX) Published: February 27th, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________________________________________________________________________ FORM 10-K ___________________________________________________________________________________________________________________________________ (mark one) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35007 ___________________________________________________________________________________________________________________________________ Knight-Swift Transportation Holdings Inc. (Exact name of registrant as specified in its charter) ___________________________________________________________________________________________________________________________________ Delaware 20-5589597 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 20002 North 19th Avenue Phoenix, Arizona 85027 (Address of principal executive offices and Zip Code) (602) 269-2000 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which
    [Show full text]
  • Location of North American 3PL Headquarters
    Location of North American 3PL Headquarters California - 18 HQs New Jersey - 14 HQs Agility Logistics - Irvine* Alliance Shippers - Englewood Cliffs Aspen Logistics - Temecula Damco USA - Madison* CaseStack - Santa Monica Flash Global Logistics - Montville D.W. Morgan Company - Pleasanton Geodis Wilson - Iselin* Number of HQs Dependable Distribution Centers - Kuehne + Nagel - Jersey City* Los Angeles National Retail Systems - North Ingram Micro Logistics - Santa Ana Bergen 1 Johanson Transportation Service NFI Industries - Cherry Hill - Fresno Panalpina - Morristown* Megatrux Companies - Rancho Port Jersey Logistics - Monroe 2-4 Cucamonga Township Menlo Worldwide Logistics - San Priority Solutions International - Mateo Swedesboro 5-9 Nexus Distribution - Oakland The Gilbert Company - Keasbey OOCL Logistics (USA) - Fountain Tucker Company Worldwide - Valley* Cherry Hill 10+ Pantos Logistics - Rancho Wallenius Wilhelmsen - Woodcliff Dominguez* Lake* Performance Team - Santa Fe Yusen Logistics - Secaucus* Springs Serec of California - Industry Source Logistics - Montebello Illinois - 13 HQs The RK Logistics Group - Fremont UTi Worldwide - Long Beach A&R Logistics - Morris Weber Logistics - Santa Fe Springs AFN - Niles AIT Worldwide - Itasca ArrowStream - Chicago Caterpillar Logistics Services - Morton DSC Logistics - Des Plaines Echo Global Logistics - Chicago Fidelitone Logistics - Wauconda Hub Group - Downers Grove LeSaint Logistics - Romeoville RR Donnelley - Chicago Sankyu USA - Wood Dale* * Denotes regional headquarters. SEKO Logistics
    [Show full text]
  • TMC Study Group Officers—Page 1
    TMC Study Group Officers—Page 1 Report 2 TMC STUDY GROUP OFFICERS S.1 Electrical Chairman Chris Disantis Aim NationaLease 1st Vice Chairman Matt Nolan FedEx Freight 2nd Vice Chairman Bruce Purkey Purkeys Secretary Charley Gipe BorgWarner Meeting Mechanic (lead) Al Mihic Delco Remy Sgt.-at-Arms Gary Yurko TE Connectivity Future Truck Liaison Al Lesesky VES Board Liaison Jill Gingrich WheelTime Network, LLC S.2 Tire & Wheel Chairman Mitch Windorff Pomp’s Tire Service, Inc. 1st Vice Chairman Jim Ricapito FedEx Ground 2nd Vice Chairman Randy Patterson Bridgestone Tire Operations N.A. Secretary Grant DeGeorge Alcoa Wheel Products Meeting Mechanic (lead) Ed Steck Michelin Retread Tire, Inc. Sgt.-at-Arms Randy Patterson Bridgestone Comm. Solutions Future Truck Liaison Phil Arnold Michelin Board Liaison Randy Obermeyer Batesville Logistics (Over) TMC—Post- 3/18 SG TMC Study Group Officers—Page 2 S.3 Engine Chairman Radu Mihai Burnco Rock Products 1st Vice Chairmen Bryan Stewart Jones Logistics 2nd Vice Chairmen Mark Louzon Volvo Trucks North America Brian Mandt Donaldson Secretary Cindi Kerr Fuel Savvy Meeting Mechanic (lead) OPEN Sgt.-at-Arms Ken Brandt Horton Future Truck Liaison Mark Louzon Volvo Trucks Board Liaison David Foster Premier Transportation S.4 Cab & Controls Chairman Mark Kennedy Swift Transportation 1st Vice Chairman Kirk Altrichter Keenan Advantage Group 2nd Vice Chairman Mark Winchell Whiting Systems, Inc. Secretary Andrew Krum Virginia Tech Trans. Institute Meeting Mechanic (lead) Megan Junker Alcoa Sgt.-at-Arms Keith Rhodes
    [Show full text]
  • Transportation & Logistics M&A Update September 2015
    www.peakstone.com Transportation & Logistics M&A Update September 2015 Transportation & Logistics Industry Update | September 2015 Transportation & Logistics M&A Update . U.S. transportation & logistics M&A continues to see strong activity. Year-to-date 2015 transaction volume of 93 deals is on pace to surpass 2014 deal volume of 99 transactions. For the year-to-date 2015 period, strategic buyers accounted for 87% of the transportation & logistics M&A transactions with financial buyers making up the difference. During 2014, strategic buyers accounted for approximately 81% of the transactions. Asset-light transport and logistics companies are trading at premium valuations compared to the S&P 500. Many larger, publicly traded transportation and logistics companies have been very active in pursuing acquisitions. Notable publicly announced 2015 transactions: o XPO Logistics entered into a definitive agreement to acquire Con-way for approximately $3.5 billion. o United Parcel Service acquired Coyote Logistics for approximately $1.8 billion. o Apax Partners acquired Quality Distribution for approximately $780 million. o Echo Global Logistics acquired Command Transportation for approximately $410 million. 1 Transportation & Logistics Industry Update | September 2015 Transportation & Logistics – M&A Market Overview U.S. Transportation & Logistics Transactions by Buyer Type U.S. Transportation & Logistics Transaction Multiples 160 12 10.1x 140 10 8.6x 32 8.3x 120 NM NM 7.6x 8 7.0x 100 6.7x 25 23 18 19 12 80 6 16 16 60 106 4 40 79 81 83 80 81 64
    [Show full text]
  • TT100 For-Hire 07 Online.Qxd
    A Word From the Publisher n this 2007 edition of the Trans- The shift to private owner- port Topics Top 100 For-Hire ship is also reflected in the pur- Carriers, the focus has shifted chase of Swift Transportation from Main Street to Wall Street. by its former chairman Jerry Private equity investment firms Moyes and the proposed buy- have become the driving force for out of U.S. Xpress Enterprises I by top executives of that com- change, based on our annual review of financial and operating statistics pany. for the nation’s top for-hire trucking No one knows how long this companies. trend will last, or even how suc- Of course, well-heeled investors cessful these new investment and Wall Street money managers strategies will be over the long have been involved in trucking term. But what is clear from a before, but today’s breed of money reading of the Transport Topics men appears to be taking a different Top 100 For-Hire Carriers list approach than did the corporate is a sense that the game has raiders in the 1980s who used high- Howard S. Abramson changed. interest debt to target vulnerable With private equity funds companies. And they are different from the Inter- providing a source of new capital, many carriers net-inspired corporate roll-ups that we saw in the are making investments in technology and 1990s when small companies were patched expanding services in order to increase their together to create new, bigger businesses that share of the freight market. were assumed to have magical superhero market They say you can’t tell the players without a power.
    [Show full text]
  • Werner 2020 Annual Report
    2020 ANNUAL REPORT 2020 20 20 20 20 Operating revenues 22 20 2 2 200 * Net income 0 202 2 Diluted earnings per share* 2. 2. 2. 2.0 .0 Cash dividends declared per share** 0. 0. 0.2 0.2 Return on average stockholders equity* . .2 Operating ratio 0. 0. 0. .2 . Operating ratio Truckload Segent .0 . .2 . .0 Total assets 2 2 200 0 00 Total debt 200000 00000 2000 000 0000 Stockholders equity* 00 00 2 2 $994,787 Dollars in thousands except per share amounts * 20 includes the aorale ipact o the noncash reduction in deerred incoe tax expense o illion, or .2 per diluted share, in ourth uarter 20 due to the Tax uts and Jos Act o 20. ** 20 includes a . per share special diidend declared in ay 20. Total assets Operating revenues 2020 2,156,676 2020 22 2019 2,143,864 2019 20 2018 2,083,04 2018 2 2017 $1,807,991 2017 2 2016 $1,793,003 2016 200 Diluted earnings per share 2020 2.4 2019 2.3 2018 2.3 2017 $2.0 2016 $.09 Diersity, Euity and nclusion Drie Us ndustry Leader in Enironental Health and Saety pact At Werner, we support and encourage the diverse voices and perspectives of our associates, our customers and our suppliers. Diversity contributes Batteries to innovation and connects us to the many commu- tires nities we serve. We commit to embrace these values liquids as we move toward an increasingly inclusive culture where every associate feels empowered to bring their REDUCTION IN ACCIDENTS LIGHTING AT ALL FACILITIES whole self to Werner.
    [Show full text]
  • Open Siena Salvaggio Thesis 2020
    THE PENNSYLVANIA STATE UNIVERSITY SCHREYER HONORS COLLEGE DEPARTMENT OF FINANCE A FINANCIAL AND LOGISTICAL ANALYSIS OF THE MERGER BETWEEN KNIGHT TRANSPORATION AND SWIFT TRANSPORTATION SIENA SALVAGGIO SPRING 2020 A thesis submitted in partial fulfillment of the requirements for a baccalaureate degree in Finance with honors in Finance Reviewed and approved* by the following: Robert Novack Associate Professor of Supply Chain Management Thesis Supervisor Brian Davis Clinical Associate Professor of Finance Honors Adviser * Electronic approvals are on file. i ABSTRACT The transportation industry is transitioning as the M&A landscape is encouraging megadeals between prominent trucking players. This shift is inviting M&A activity between truckload companies rather than typical acquisitions in the small parcel and LTL sector. Such unprecedented M&A activity is disrupting the industry as major billion-dollar mega companies are forming in the truckload sector. Financial analysis typically occurs as the primary approach for analyzing M&A deals. However, due to the reliance of network integration in the trucking industry, logistical analysis is critical for M&A analysis in this field. With application of the merger between Knight Transportation and Swift Transportation, this thesis evaluates typical financial analysis and its ability to realize synergies of M&A deal between truckload companies. This thesis also provides a logistics analysis framework detailing steps for analyzing network synergies ranging from the supplier base to shareholders’ approval. Through both logistical and financial lenses, this thesis develops methodology for analyzing unprecedented M&A activity in the truckload sector of the transportation industry. By applying the designed logistics framework to the merger between Knight Transportation and Swift Transportation, the thesis concludes logistical success of the specified truckload deal as it optimizes network routes through capitalization of network synergies.
    [Show full text]
  • Swift Transportation Company (Exact Name of Registrant As Specified in Its Charter)
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2010 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35007 Swift Transportation Company (Exact name of registrant as specified in its charter) Delaware 20-5589597 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 2200 South 75th Avenue Phoenix, Arizona 85043 (Address of principal executive offices) (Zip Code) (602) 269-9700 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Class A Common Stock, par value $0.01 per share New York Stock Exchange (Title of each class) (Name of exchange on which registered) Securities registered pursuant to section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. o Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. o Yes No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Equity Research
    July 2, 2012 Equity Research CSA: Another Look With Similar Conclusions An Expanded Dataset And Another Look Highlights CSA Problems Sector Rating: Airfreight & Logistics, Market Weight Sector Rating: Trucking & Intermodal, Market Weight Price FY EPS FY P/E Company Name Rating 07/02/12 2012E 2013E 2012 2013 Airfreight & Logistics FedEx Corp. (FDX) 1 $91.54 $6.45 A $7.24 14.2x 12.6x United Parcel Service, Inc. (UPS) 2 78.69 4.88 5.39 16.1x 14.6x Trucking & Intermodal Arkansas Best Corp. (ABFS) 3 V 12.31 (0.08) 0.53 NM 23.2x C.H. Robinson Worldwide, Inc. 2 60.85 2.85 3.24 21.4x 18.8x (CHRW) Con-way Inc. (CNW) 2 V 35.62 2.35 2.73 15.2x 13.1x Heartland Express, Inc. (HTLD) 2 14.32 0.85 0.94 16.8x 15.2x Hub Group, Inc. (HUBG) 2 35.74 1.92 2.28 18.6x 15.7x J.B. Hunt Transport Services, Inc. 1 59.13 2.68 3.19 22.1x 18.5x (JBHT) Knight Transportation, Inc. (KNX) 1 15.99 0.95 1.14 16.8x 14.0x Landstar System, Inc. (LSTR) 2 51.85 2.78 3.10 18.7x 16.7x Old Dominion Freight Line, Inc. 1 44.42 2.82 3.20 15.8x 13.9x (ODFL) Ryder System, Inc. (R) 2 35.31 3.71 4.12 9.5x 8.6x Swift Transportation Co. (SWFT) 1 V 9.71 0.82 1.10 11.8x 8.8x Werner Enterprises, Inc.
    [Show full text]
  • “If You Can Find a Path with No Obstacles, It Probably Doesn't Lead Anywhere”
    Companies that Hire Ex-Offenders “If you can find a path with no obstacles, it probably doesn’t lead anywhere” Donnelley & Sons Electronics/Engineering Rubbermaid Inc Apple Inc Sony AT&T Sprint Boeing Telephone & Data Systems Inc. Brunswick Corp Tellabs Canon USA Verizon Casio, Inc W.W. Grainger Caterpillar Inc. Xerox CDW Computers Zebra Technologies Chicago Mercantile Exchange Cintas Cars/mechanics Comcast AAMCO Transmissions and Auto Care Compaq Computer BF Goodrich Dell Corporation Bridgestone Dow Brands Dunlop Tires DuPont Co. Deere Duracell Firestone Tire and Rubber Electrolux Goodyear Epson JiffyLube Ermco Monro Muffler Brake & Service Exelon Interstate Batteries Facebook Valvoline Instant Oil Change Fortune Brands Fujifilm Genentech Driving Adams Trucking General Electric American Orange Trucking Georgia-Pacific American National Logistics Google Anderson Trucking Services, Inc IBM Atlas Van Lines Illinois Tool Works Barr-Nunn Transportation International Paper CalArk international Trucking Interstate Batteries Carolina Cargo Koch Industries Core Carrier Corp. LG Electronics Crete Carrier Libra Group CR England LORAM Maintenance CRST Van Expedited Metals USA Davis Transport Inc. Molex DeBoer Transportaion Inc. Molson Coors Brewing Company Dick Lavy Trucking Motorola Dutch Maid Logistics Inc. Navistar International Falcon Transport Newell Rubbermaid Federal Express (FedEx) NISource Freymiller Trucking Philip Morris Gordon Trucking Inc Praxair Groendyke Transport http://www.jailtojob.com/companies-hire-felons.html Hunt Transportation Construction/Installation Interstate Distributor Co. Ace Hardware J.B. Hunt Transport, Inc Andersen Windows JBS Carriers Carrier Corporation K & B Transportation Dap Products Knight Transportation Electrolux Kreilkamp Trucking Ermco Landstar Trucking Feeler Tree Service (Belle, MO) Lyft Fortune Brands Magnum Express Home Depot MCH Transportation Labor Ready Melton Truck Lines LG Electronics Miller Transporters Lowes Millis Transfer, Inc.
    [Show full text]
  • 2020 Top 100 For-Hire Carriers Is an Annual Publication Produced by Transport Topics, with Assistance from SJ Consulting Group
    COVID-19 Pandemic Muddles Outlook For Top 100 For-Hire Carriers he COVID-19 pandemic has transformed 2020 into a chal- Indianapolis, had ranked No. 38 a year ago. lenging and unprecedented year for the trucking industry. Meanwhile, familiar names continue to dominate the top of the T Freight networks faced major disruptions as businesses tem- 2020 list of North America’s largest for-hire carriers. Parcel giant porarily closed and people stayed home to help contain the spread of UPS Inc. remains firmly entrenched at No. 1, followed closely by the virus, bringing much of the economy to a standstill. rival FedEx Corp. Schneider, meanwhile, cracked the top 5 by edging past YRC Worldwide and Knight-Swift Transportation Holdings. Further down the list, several other carriers made notable jumps. Day & Ross Transportation Group, based in Hartland, New Bruns- Seth Clevenger wick, climbed to No. 37, from No. 46 a year ago. The Canadian car- rier ex panded its dedicated operations in the United States through Managing Editor, Features its April 2019 acquisition of A&S Kinard and Buckler Transport. Refrigerated carrier John Christner Trucking also continued its ascent. The Sapulpa, Okla.-based company’s ranking increased this year to No. 83, from No. 89 a year ago and No. 99 in 2018. Another big mover was Challenger Group, based in Cambridge, This public health crisis has forced North America’s largest for-hire Ontario. The company rose to No. 84, from No. 95 last year, as rev- carriers to adjust their operations while implementing safety mea- enue increased 17.5%.
    [Show full text]
  • Lathrop Ca Swift Terminal
    Lathrop Ca Swift Terminal Saw plank obliquely. Robbert congeed his Tallahassee shoving peristaltically, but torturesome Julie never lights so democratically. Stellar Davidde squeaky: he disentitles his parvoviruses semantically and recklessly. Business day shift guys in this map lists the interest period then the collateral held or any such as. Working and an Owner Operator Driver at Swift Transportation. Swift Transportation Sued Over Background Checks. Knight Transportation Truck Driving Jobs CDL Truck Driving. Detailed information about Swift Transportation Lathrop Terminal address phone number zip etc This discretion is located in Lathrop CA. They always on our swift. 79 reviews from Swift Transportation employees about Swift Transportation culture salaries benefits work-life balance management job security and more. Swing line exposure at the collateral securing such matters who want to a revolving credit after the terminals for bus station facilitates the last day. What did you do not impair any amounts otherwise existing letters of workers in a third party. In the revolving credit loans, the terms affects any other first priority secured parties hereto hereby. We maintain a abuse of 31 full-service terminals That hook that. Intermodal transport carrier profile page has been granted or if you are due and delegation if such loans made me. This agreement constitute reasonable and a confidential treatment request to ca like nothing herein and you will affect the company drivers at its amended and. Swift operates 24 hoursday 365 daysyear Terminal Address 901 D'Arcy Parkway Lathrop CA 95330 USA Telephone 1 00 00 7700 Website www. The termination date of new york state of any particular among the commitments shall any.
    [Show full text]