Mega-Merger Creates United Vision Logistics
Four Gulf Coast-based transportation companies have agreed to merge and form a new company, to be known as United Vision Logistics.
The new company, comprised of Ace Transportation, Dynasty Transportation, Texas Hot Shot Company and Venture Transport, is a transportation services provider focused predominantly on the energy industry.
Between July 2007 and April 2008, New York-based private equity firm Welsh, Carson, Anderson & Stowe purchased the four legacy companies and has been working to integrate them into one company. The new company will be headed by Tom Purdue, CEO of United Vision Logistics.
United Vision Logistics is headquartered in Lafayette, La. It has a large density of terminals and capacity in both Louisiana and Texas in support of its energy customers, but also maintains general commodities terminals and truck brokerage operations across the United States. The company operates using an owner-operator business model with more than 2,800 owner-operators, 130 terminals, and nearly 400 employees.
Moving forward, United Vision Logistics will continue to operate out of its existing terminal locations.
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© 2012 Penton Media Inc.
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