Texas-based Daseke, Inc. today announced a merger that adds the Steelman Companies to the Daseke group of companies.
The Steelman Companies generated about $46 million in revenue in 2016.
Operating throughout the Midwest, the 26-year-old Steelman Companies has two distinct areas of expertise. Steelman Transportation carries flatbed and heavy haul freight, while Group One specializes in transporting roll-on powersports and industrial warehousing as well as offering 10-wheel drive-away services, according to a statement from Daseke.
“The ability to work with the rest of the fantastic companies in the Daseke family, share customers and develop synergies and efficiencies were all major attractions to joining Daseke,” said Jim Towery, president and CEO of the Steelman Companies. “To move forward, you must have pride in what you’re doing, and we’re definitely proud to be moving forward as a member of the Daseke family.”
“A key objective of our decision to go public in February was to enhance our ability to build North America’s premier flatbed and specialized transportation company,” said Don Daseke, president and CEO of Daseke. “We are the largest owner of equipment with over 3,600 trucks and over 7,500 flatbed and specialized trailers, yet Daseke still accounts for less than one percent of our $133 billion market segment. We have now completed three mergers in just over two months and we’re proud to be executing as promised.”
Daseke, Inc. is comprised of 12 operating companies with over 3,600 trucks and over 7,500 flatbed and specialized trailers. The Daseke family of companies includes Smokey Point Distributing, E.W. Wylie, J. Grady Randolph, Central Oregon Truck Company, Lone Star Transportation, Bulldog Hiway Express, Hornady Transportation, The Boyd Companies (including Boyd Bros. Transportation and WTI Transport), The Schilli Companies, Big Freight Systems and The Steelman Companies.