Schneider National, Inc. made an announcement on Tuesday that it has successfully acquired M&M Transport Services, LLC, which is situated in West Bridgewater, Massachusetts.
M&M Transport is a specialized contract carrier that primarily focuses on offering tailored solutions for retail and manufacturing industries. Among its most prominent clients are several Fortune 500 companies.
Operating across 12 different locations in the Northeast, Midwest, and Southwest regions, M&M boasts a fleet of approximately 500 trucks and 1,900 trailers.
Schneider emphasized that this acquisition is in line with their commitment to expanding through organic growth, and it positions them to achieve an annual revenue of $1.5 billion from dedicated contracts. Additionally, it will enable them to have 6,500 dedicated tractors to serve their valued customer base.
Schneider President and CEO Mark Rourke said, “By combining our respective expertise, knowledge and resources, we will be better positioned to meet the evolving needs of our customers and expand our reach in the Dedicated market. This is an exciting opportunity to leverage the best of both companies and use our complementary capabilities to deliver enhanced value to our customers and stakeholders.”
M&M Transport will operate as a wholly-owned subsidiary of Schneider.
“Both companies have a successful history of dedicated operational excellence, a reputation for superior customer service and a common foundation of core values – so our cultures are an excellent match,” said M&M Transport founder Mark Warsofsky. “Now, as a wholly owned subsidiary of Schneider, M&M Transport will continue to leverage our strengths while capitalizing on Schneider’s broad capabilities and resources to support continued growth and the consistent, reliable service that our customers expect from M&M Transport.”
