Canadian carrier Bison Transport today announced that effective Oct. 31, it will acquire, through an affiliate, 100% of the issued and outstanding shares of Pottle’s Transportation.
Headquartered in Hermon, Maine, Pottle’s is a truckload carrier with 200+ tractors and 750+ trailers and a logistics offering. Pottle’s is a second-generation business, founded over 60 years ago by Cliff Pottle and then owned by his son, Barry Pottle.
A statement from Bison said, "Pottle’s success has been driven by a long-tenured and reputable customer base, low driver turnover, a focus on safety, a quality fleet, and a strong company culture. These factors are similar to those that have allowed Bison to be successful, leading us to see a strong strategic fit between our companies."
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Bison’s President & CEO, Rob Penner, commented regarding the transaction, “We are excited about the next step in our US growth. The investment in Pottle’s punctuates our commitment to the region, the customers, and the great people we have in our business. We look forward to connecting our most recent acquisition of Hartt Transportation Inc. with Pottles as we continue to build Bison Transport USA.”
Barry Pottle, past President & CEO, of Pottle’s Transportation said “I have respected and admired Bison for setting the bar when it comes to safety and success. I have come to know Bison well through our various industry associations and being members of the same (Truckload Carriers Association) benchmarking group, which has led to us growing relationships with many of their people. I am thrilled for our Pottle’s team to join forces with the Bison team for endless opportunity and success for years to come.”
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Financial details of the transaction will not be made public, according to the statement from Bison, which was established in 1969, and today is owned by James Richardson & Sons, Limited. Headquartered in Winnipeg, Manitoba Canada, Bison employs over 3,700 professional drivers and staff with a network of terminals throughout North America. It has a fleet of over 2,600 tractors and 9,000 trailers.
J.B. Hunt awards $250,000 in scholarships
J.B. Hunt Transport Services Inc., recently announced it has awarded a total of $250,000 in scholarships to 100 recipients as part of the company’s new scholarship program.
“Leading this program is one of the many ways J.B. Hunt is working to give back to our communities,” said Brad Hicks, president of highway services and executive vice president of people at J.B. Hunt. “The innovative ideas that will transform the world are with the students of today and we want to ensure they have the opportunity to learn, grow and reach their full potential.”
The application-based scholarship program is available to dependent children or grandchildren of J.B. Hunt employees who currently attend or plan to attend an accredited two or four-year college, trade school or vocational school. Awards are renewable each year for up to four years as long as the recipient maintains a 2.5 GPA and full-time enrollment. The J.B. Hunt Scholarship Program for Families inaugural class represents more than 60 locations throughout the country.
Schneider honored by Inbound Logistics
Green Bay, Wisconsin-based Schneider has been named a 2022 Top 100 Trucker by Inbound Logistics.
Each year, Inbound Logistics editors select the best transportation providers by evaluating submitted information, conducting personal interviews and online research, and comparing that data to the emerging logistics and trucking challenges their readers face.
Out of over 200 companies considered, Schneider was selected to be a part of the top 100 ranking due to its diverse operational capabilities and experienced offerings that meet transformational supply chain and logistics needs.