Coyote Logistics And Chattanooga-Based ccess America Transport To Merge

Tuesday, March 18, 2014

Coyote Logistics and Chattanooga-based Access America Transport, two of the fastest-growing third-party logistics service providers in North America, announced that their boards of directors have approved a definitive merger agreement. Terms of the transaction were not disclosed.

Founded in 2002, AAT handles multi-modal transportation including truckload, less-than-truckload, intermodal, flatbed, and specialized freight for shippers and carriers across the country.

  Upon closing of the transaction, the combined company will be one of the largest 3PL service providers in North America with run rate revenues of over $2 billion, 17 North American locations, approximately 40,000 contracted carriers and approximately 1,750 employees.

“We are incredibly excited to welcome the Access America team to the pack,” said Coyote CEO and Cofounder Jeff Silver.  “We are confident that our shippers and carriers will see the benefit of our newly expanded and dedicated customer service team. This merger reinforces our relentless commitment to shippers and carriers across North America. We now have more resources and better capacity to serve them.”

“This is the perfect marriage of two companies that share a common set of values and are each fiercely dedicated to the shippers and carriers of all sizes that we serve across North America,” said AAT CEO and co-founder Ted Alling. “Coyote’s proprietary technology and back end support will bring a level of unprecedented sophistication to AAT shippers and carriers.”

The transaction is consistent with the strategies of both companies: to build a premier supply chain offering that provides services for all transportation needs.  Shippers and carriers will benefit from an expanded network, enhanced multi-modal transportation capabilities, and improved less-than-truckload services.

Jeff Silver will continue to serve as Coyote’s CEO, and Chad Eichelberger, president of AAT, will serve as the combined company’s president of brokerage.

The transaction is expected to close during the first quarter of 2014.



LBMC Technology Solutions Named To Intacct President's Club

LBMC Technology Solutions, LLC, a business software and technology consulting firm, and a member of the LBMC Family of Companies, has been named to Intacct’s 2015 President's Club.   Intacct, a provider of best-in-class cloud ERP software, awards this sales and customer satisfaction award annually to its top-performing channel partners, recognized value added resellers and ... (click for more)

Tennessee July Unemployment Rate Remains Unchanged

County unemployment rates for July 2015, released Thursday, show the rates increased in 53 counties, decreased in 21, and remained the same in 21 counties. Specific county information for July is available here . Davidson County had the state’s lowest major metropolitan rate in July at 4.9 percent, unchanged from June. Knox County was 5.4 percent in July, up from 5.3 the previous ... (click for more)

Brent Pickard Was Man Shot And Killed By Deputies; 4 From Sheriff's Office On Administrative Leave During City Investigation

Brent Pickard, 46, was the man who was shot and killed by county deputies on Wednesday night after a chase ended on Highway 153.. Four Hamilton County deputies were placed on leave, pending the investigation. At Pine Mar, Pickard crashed and shots were fired resulting in his death.  District Attorney General Neal Pinkston has asked Chattanooga Police to investigate ... (click for more)

Thursday Afternoon Fire Displaces Family Of 3

Chattanooga firefighters rushed to a house fire shortly after  1 p.m. on Thursday  at 4214 3 rd  Ave. Lt. Chris Blazek with Quint 6 said smoke was showing from the eves of the house when the first firefighters arrived. The firefighters forced their way in through the back door and found the fire in the basement, but the flames had spread into two bedrooms. ... (click for more)

The Obvious In School Test Scores - And Response (3)

I have been watching what has become an annual event in Chattanooga, which is the hand wringing and blame game associated with low test scores in our schools.  I keep waiting for someone to bring up what should be obvious unless they either don't want to talk about it or think they shouldn't because it might not be politically correct.   1) The highest school test scores ... (click for more)

Roy Exum: Her Heart Will Go On

Tonight’s a big night in Las Vegas, one of the biggest in quite a while. Celine Dion, truly one of the most magnificent singers of our time, will return to the stage of the Colosseum at Caesar’s Palace after a year’s absence and, if you dare think you can get a seat, it has been sold out for months. Of course, they say in Vegas you can buy anything, but tonight is one of the toughest ... (click for more)