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.



The Women’s Fund Of Greater Chattanooga Appoints Two Executives To Its Board Of Directors

The Women’s Fund of Greater Chattanooga appointed Autumn Graves and Cynthia Nesson to its board of directors to support the organization’s ongoing effort of creating greater opportunities in health, education, and safety for the women and girls in the Chattanooga community, officials said.   Dr. Graves, a leader in the education sector, is currently the head of school ... (click for more)

TNECD Awards ThreeStar Competitive Enhancement Grants To Marion, McMinn And 9 Other Tennessee Counties

The Tennessee Department of Economic and Community Development announced Friday the 11 counties that will receive ThreeStar Competitive Enhancement Grants.  The grants will be used for a variety of local programs addressing public safety, health, education and workforce development.  The eleven communities receiving ThreeStar Competitive Enhancement Grants include ... (click for more)

Signal Mountain Man Charged In Traffic Death Of Tunnel Hill Woman, 28

Authorities said a Signal Mountain man was driving when his vehicle struck and killed a woman walking along a road at Ringgold, Ga., on Thursday night. Tyler Alexander Lemley, 20, was charged with DUI. Other charges are pending. Kimberly Diane Dotson, 28, of Tunnel Hill, Ga., was walking southbound on the west edge of Sam Lewis Road when she was hit. Lemley was driving ... (click for more)

Chattanooga Woman Sues Over Treatment Of Disabled Daughter At Memphis Airport Security Checkpoint

A Chattanooga woman has filed suit, alleging that her disabled daughter was roughed up by airport police and Transportation Security Administration personnel at the Memphis Airport. Shirley Cohen said she was returning to Chattanooga after taking her 19-year-old daughter to St. Jude Children's Research Hospital for treatment. The lawsuit filed in Memphis says the daughter ... (click for more)

A Disturbing Trend At Exit 11 - And Response (6)

So, am I the first to notice a trend?   How many wrecks does exit 11 need before anyone asks "whats up with that?"  I have lost count of the wrecks that continue to happen, even after last year's awful loss of life (which I believe 51 percent of the blame should fall on the THP officer on duty).  The problem with this section of interstate are sight lines ... (click for more)

Roy Exum: My Garden This July

I can never remember a day in July when my garden, my lawn, my dogwood tree, and my ferns are all wilting for lack of rain. Right now we are more than eight inches under our average rainfall for the first six months and, on this wonderful weekend, those who love firecrackers are urged to keep a pail of water in case a spark could cause a fire. On the other hand, every July 4 th ... (click for more)