Reported about 9 hours ago
Interstate Personnel Services (IPS) has acquired J&R Schugel (JRS), with employee owners of both companies favoring the deal. While financial terms were not disclosed, the acquisition enhances IPS's fleet capabilities and introduces refrigerated assets, resulting in a combined fleet of nearly 2,000 trucks and 6,000 trailers. Both companies emphasize preserving their employee-ownership culture while providing increased value to their customers.
Source: YAHOO