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.



UT & TSU Extension – Hamilton County Offers Workshops And Seminars

The  UT & TSU Extension – Hamilton County office in Chattanooga will offer several workshops and seminars: Farm to School Food Safety Workshop presented by UT Extension - Hamilton County will be held Dec. 10, at Orchard Knob Elementary, 2000 East 3 rd St., Chattanooga, Tn. 37404. The workshop will cover Meet and Greet, Tour School Facilities, Food Safety for Growers, ... (click for more)

Local Vapor Store Expands; Creates Premium Chattanooga-Inspired EJuices

After opening on June 12, the locally-owned Chattanooga Vapor Company has continued to thrive at its North Shore locations off of Frazier Avenue and in Soddy Daisy, at the corner of Dayton and Thrasher Pike. No matter where one falls within the company’s three-step process, they ensure each individual’s needs are met. Its focus on helping people quit smoking and using tobaccos is ... (click for more)

County Schools Have Plan To Put Security Cameras At Every School

The Hamilton County Schools have a plan to put security cameras in every school, Supt. Rick Smith told the County School Board Thursday night. He said the money would come from the $2,201,000 the schools received last year from the sale of the old Ooltewah Elementary School property. The proposal must get approval from the School Board at the December meeting, then from the ... (click for more)

Lookout Mountain, Ga., Raises Sewer Rates; Joins In Kudzu Fight

The Lookout Mountain, Ga., City Council on Thursday night approved an increase in sewer charges. The council approved ordinance 281 increasing sewer rates to $6 per 100 cubic feet of water from the previous rate of $4.77.  The new increase will be in effect in January 2015.    City Manager Brad Haven said the town will be replacing the flow meter for ... (click for more)

Don't Allow Us To Be Overrun By People Who Do Not Belong Here

Thank you, Senator Corker, for your clear, concise evaluation of the president's attempt to bypass Congress and personally and independently establish national policy that violates our current immigration laws.   Our long-standing failure to enforce our laws to control illegal immigration across our southern border has made this country less safe and ... (click for more)

Roy Exum: Quick! Arm Our Guards

When I learned last Wednesday that Chattanooga’s leading hospital, in a ridiculous attempt to be more “family friendly,” planned to disarm its security guards. I was aghast but decided to wait for the proper “incident” to illustrate how stupid members of our “free thought society” can sometimes be. It took exactly one week. A bit after midnight on Thursday morning a gunman appeared ... (click for more)